Harish Salve On The Bigger Power Battle Inside Tata Sons

Tata Sons' ongoing boardroom and governance battle takes centre stage as former Solicitor General Harish Salve weighs in on the dispute over N Chandrasekaran's reappointment, Tata Trusts' objections and the Reserve Bank of India's directive on listing. In an exclusive conversation, Salve argues that the central issue is not simply the clash between Chandrasekaran and Noel Tata, but the larger question of Tata Sons' proposed listing, corporate governance, regulatory oversight and the powers of Tata Trusts. He explains the significance of the RBI's rules for Core Investment Companies, the implications of listing Tata Sons, the role of trust nominees and the legal questions surrounding the board's 4-1 decision.