Tata Group's November test: Chandrasekaran's reappointment row and Mehli Mistry's November 5 hearing
New Delhi, Oct. 30 -- The Tata Group is heading into a crucial November as a dispute between Tata Trusts chairman Noel Tata and Tata Sons over the reappointment of N Chandrasekaran as executive chairman enters a new phase.
In a letter dated October 26 addressed to Tata Sons company secretary Suprakash Mukhopadhyay, Noel Tata described the resolution approving Chandrasekaran's reappointment as void, reported CNBCTV18.
The resolution was passed at a Tata Sons board meeting on September 17 and grants Chandrasekaran another five-year term beginning February 21, 2027.
Noel Tata has argued that the reappointment was not included in the meeting's agenda, which originally listed only a briefing from the Nomination and Remuneration Committee. H...
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