CATCH ME UP
Tata Trusts said there was no deadlock at the September 17 Tata Sons board meeting.
The Trusts said the reappointment vote for N. Chandrasekaran as chairman was void ab initio.
They argued the Articles of Association require affirmative support from both nominee directors.
One nominee voted against the resolution, which the Trusts said meant the condition was not met.
Why it mattersThe dispute could shape Tata Sons governance and whether the September 17 resolution stands.
More context
The Trusts also said a chairman’s casting vote cannot override the separate nominee requirement.
The reporting notes the Trusts pointed to past Supreme Court proceedings involving Cyrus Mistry to support their voting-rights position.