A recent development concerning a trustee appointment has led to a legal challenge at the charity commissioner's office. The matter revolves around a resolution passed by Tata Trusts on October 17, 2024, stipulating that trustees would be reappointed for life without tenure limits, subject to a unanimity clause. This condition requires every trustee to be in favor of a reappointment. In a specific instance, a 3-3 vote occurred regarding a trustee's reappointment, with three trustees supporting and three opposing, creating a deadlock. Krishna Gopalan of Business Today noted that 'Mistri believes that he's been wronged' and has consequently pursued legal recourse by filing a caveat with the Maharashtra Charity Commissioner. This situation has brought the sanctity of the unanimity clause unde
Tata Trusts Row: Mehli Mistry Challenges Trustee Decision
 Business Today13 hrs ago
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