Mumbai, June 14 -- Tata Trusts Vice Chairman Vijay Singh has written to the Maharashtra Charity Commissioner seeking an independent investigation into a share transfer deal where 833 shares of Tata Sons were transferred from the Navajbai Ratan Tata Trust to the late industrialist Naval Tata on January 18, 1989.
Present Tata Trusts Chairman Noel Tata happens to be one of the heirs of the late industrialist Naval Tata, as well as a Director on the board of Tata Sons.
Tata Trusts control approximately 66 per cent of the equity share capital in Tata Sons, which is the principal holding company of the Tata Group. The two largest and most prominent trusts in this group are the Sir Ratan Tata Trust and the Sir Dorabji Tata Trust. Together with o...