The Economic Times

Trust deficit: Bombay House splits over Tata Sons listing and Chandrasekaran's return as chairman

Tata Sons board nominees Noel Tata and Venu Srinivasan clashed on listing and chairman's reappointment. Chandrasekaran's reappointment and listing proposal passed with casting votes. Some Tata Trusts trustees dispute Noel Tata's positions as their collective view. The company faces regulatory pressure to comply with NBFC framework requirements. Disagreements could lead to legal challenges regarding board decisions.