In a dramatic escalation of the long-brewing discord among the trustees of the Tata Trusts, Mehli Mistry, a long-time confidant of the late Ratan Tata, is set to exit the governing boards of the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust after a majority of trustees voted against his reappointment. According to a New Indian Express report citing sources familiar with the development, three of the senior-most trustees — chairman Noel Tata and vice-chairmen Venu Srinivasan and Vijay Singh — opposed Mr Mistry’s reappointment, while two others, Darius Khambata and Pramit Jhaveri, supported his continuation. The outcome effectively ended Mr Mistry’s tenure, as the trusts’ articles of association—amended last year—require unanimous consent for any trustee’s reappointment. Even
Governance Clash at Tata Trusts: Mehli Mistry Ousted After Trustees Split Over Reappointment, Say Reports
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