
Former Tata Trustee Mehli Mistry wants an administrator to run Tata Trusts
Subscribe to enjoy similar stories.Mehli Mistry, a close associate of late tycoon Ratan Tata, has challenged his ouster from Sir Dorabji Tata Trusts (SDTT), the largest among Tata Trusts, and requested the appointment of an administrator to run the philanthropic entities behind the sprawling Tata Group of companies.In an affidavit filed before the Maharashtra charity commissioner on Wednesday, Mistry challenged the votes cast by Venu Srinivasan and Vijay Singh that led to his ouster in October; questioned Tata Trusts chair Noel Tata's objection to reappointing N. Chandrasekaran as chair of Tata Sons; and highlighted what he claims is a procedural flaw in the appointment of Noel as the Trusts chair.On 24 February, the Tata Sons board deferred a decision on reappointing Chandrasekaran, after Noel sought a roadmap to revive loss-making Tata businesses.
Mistry questioned this, stating Tata Trusts had already decided to grant Chandrasekaran a third term."This constitutes yet another instance where a unanimous resolution, once duly passed, has not been adhered to in its true letter and spirit, wherein the trustees who were part of the decision-making process and had expressly consented to the resolution subsequently chose to act contrary to the resolution,” said the affidavit, a copy of which was seen by Mint.Mistry’s latest objection follows his previous complaint that Srinivasan and Singh could not serve as trustees of a Tata Trusts affiliate because they were not Parsis. Subsequently, Srinivasan quit Bai Hirabai Jamsetji Tata Navsari Charitable Institution.
Read on livemint.com