Mumbai, Sept. 29 -- In the high-stakes battle at the Bombay House, shareholder majority remains absolute and minority objections do not hold legal firepower against the Tata Trusts and its governing Articles of Association, an expert has said.

Speaking with ANI in Mumbai, corporate law expert HP Ranina talked of key legal challenges surrounding the chairman's extension, RBI listing mandates, and minority shareholder rights and said shareholder majority remains absolute.

Clarifying the legal framework governing the reappointment and extension of Tata Sons' chairman, N. Chandrasekaran, Ranina emphasised that the company's Articles of Association mandate an affirmative vote from the majority of directors nominated by Tata Trusts.

"Under t...