Mehli Mistry, removed from Tata Trusts, has filed a complaint with the Maharashtra Charity Commissioner seeking an administrator for the Sir Dorabji Tata Trust. He challenges the roles of Noel Tata, Venu Srinivasan and Vijay Singh, alleging procedural violations and conflicts of interest. The dispute echoes a prior contest over Srinivasan and Singh’s positions in another Tata trust.
Tata Trusts is reviewing trustee roles for two entities after Maharashtra introduced rules limiting how long individuals can hold lifetime positions. The change affects the Sir Ratan Tata Trust and the Tata Education and Development Trust, aiming to strengthen governance and reduce legal conflicts linked to prolonged control in charitable bodies.
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Tata Trusts says trustees will seek amendments to the Bai Hirabai Trust deed, where eligibility rules previously blocked non-Zoroastrians from serving as trustees. The review follows a complaint from a former trustee, with the trust evaluating restrictive clauses to better reflect inclusive values and update how trustee eligibility is determined.
Support for a Tata Sons IPO is growing after Tata Trusts Vice Chairman Vijay Singh reportedly backed listing, following Venu Srinivasan’s earlier push. The group previously signaled it wanted to stay unlisted and consider alternatives to avoid going public, but increasing board-level backing suggests the IPO conversation is moving from idea to plan.
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