India, April 4 -- By Sashwat Singh

New Delhi [India], April 4 (ANI): The Chairman emeritus of TVS Motor, and the Vice Chairman and trustee to seven trusts of the Tata Group, Venu Srinivasan, on Saturday tendered his resignation from Bai Hirabai Charitable Trust (Tata Trust), citing preoccupation with other businesses.

Srinivasan's resignation has come in the backdrop of former trustee Mehli Mistry challenging the eligibility of two trustees, including Srinivasan and Vijay Singh.

On Friday, sources privy to the development told ANI that Mistry, in an objection-application filed to the Maharashtra Charity Commissioner, has contended that two trustees of the said Trust -- Srinivasan and Singh never met the qualifications to be appointed a...