Tata Sons' reappointment of Chandra may not hold over time, says IiAS' Hetal Dalal

The Tata Sons board reappointed N Chandrasekaran as chairman without support from Tata Trusts, which hold 66% voting rights, setting up a potential legal fight at the NCLT or EGM. The dispute coincides with an RBI refusal to exempt Tata Sons from NBFC listing rules and an unresolved exit for the Shapoorji Pallonji Group's stake.