Tata Sons' reappointment of N Chandra violates governance guidelines, faces shareholder veto: Experts
Hetal Dalal, President and COO, IIAS -Institutional Investor Advisory Services, emphasised that Tata Trusts essentially controls Tata Sons through its Articles of Association, which grant board nomination, quorum and veto rights. She noted that any material decision taken by the board requires shareholder approval.
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