New Delhi, Nov. 13 -- Amid differences over the proposed listing of Tata Sons and leadership decisions within Tata Trusts, trustees Venu Srinivasan and Vijay Singh have challenged fellow trustee Darius Khambata's stance, maintaining that listing the holding company would not undermine the Tata model while raising concerns over governance and decision-making within the Trusts.

In a letter dated November 11, addressed to Khambata, the two trustees disputed his arguments regarding the Reserve Bank of India's (RBI) listing requirements and the events surrounding the leadership of Tata Sons.

"You describe listing as an existential threat to the Trusts and to the Tata model. We have seen no evidence for that proposition," the letter stated. ...