Overview
- The Bombay High Court, which declined an urgent hearing Thursday, left the Tata Trusts’ Friday meetings free to proceed and told the petitioner he could approach the vacation bench.
- The petition alleges the Sir Ratan Tata Trust breaches a 2025 Maharashtra rule that limits life or perpetual trustees to 25% of the board when the trust deed is silent.
- It says SRTT has six trustees with three serving for life—Jimmy Naval Tata, Jehangir H C Jehangir, and Noel Naval Tata—which the filing argues exceeds the legal ceiling.
- The petitioner asks the court to block the May 8 meeting and to treat all SRTT board decisions taken after September 1, 2025, as invalid.
- Reports say the meeting agenda includes who represents the Trusts on the Tata Sons board and differing views on a possible listing, with stakes high because the Trusts own about 66% of Tata Sons and SRTT holds 23.56%.