Daily Headlinez Top News Updates
MUMBAI: Vijay Singh, a former Indian defence secretary whose eligibility as a trustee has come under legal challenge, absented himself from the board meeting of the Bai Hirabai Jamsetji Tata Navsari Charitable Institution on Friday, the latest sign of an intensifying governance dispute within India’s most powerful philanthropic network.The challenge was brought by Mehli Mistry,…
MUMBAI: Mehli Mistry has accused Tata Trusts leadership of running an “illegal” board by selectively applying rules to secure their own lifetime trusteeships while removing him. He has accused them of counting votes of trustees whose tenures had expired and violating statutory provisions for appointments and terms.Mistry, who was a trustee of Sir Dorabji Tata…
MUMBAI: Months after his exit, former Sir Ratan Tata Trust (SRTT) trustee Mehli Mistry has challenged the positions of Venu Srinivasan and Vijay Singh on the board of the Bai Hirabai Jamsetji Tata Navsari Charitable Institution, arguing they are ineligible under the 1923 deed, which bars non-Zoroastrians and non-Mumbai residents, and has called for an…
MUMBAI: Days after filing a caveat before the Maharashtra charity commissioner, seeking a hearing before being ousted as a Tata Trusts trustee, Mehli Mistry said on Tuesday that he wished to “part ways” with the public charities, noting that “precipitating matters would cause irreparable harm to the reputation of Tata Trusts”.Mistry’s decision effectively de-escalates tensions…
Mehli Mistry has formally stepped down as trustee of the Tata Trusts, ending days of speculation over his position within the organisation. In a letter to all trustees, including chairman Noel Tata, Mistry cited his commitment to Ratan N Tata’s vision as the reason for his decision to withdraw, ANI reported.In his note, Mistry said…
MUMBAI: Mehli Mistry, whose reappointment on Tata Trusts boards was denied by a majority decision last week, filed a caveat before the charity commissioner in Mumbai Saturday requesting an opportunity to be heard before any decision on a change is sanctioned.Mistry, executor of Ratan Tata‘s will, has also sent the caveat notice to all trustees…
MUMBAI: The departure of Mehli Mistry from boards of Tata Trusts not only cements chairman Noel Tata’s position within the public charities but also strengthens his influence over the $180-bn Tata Group. It gives Noel greater control over the philanthropic and strategic arms of the Tata empire and enhances his ability to shape key decisions…
MUMBAI: Mehli Mistry, Ratan Tata‘s long-time confidant, executor of his will, and a man widely seen as custodian of the late chairman’s legacy, has been denied reappointment as lifelong trustee of the Tata Trusts. The decision was taken after Noel Tata, chairman of the Trusts, and vice-chairmen Venu Srinivasan and Vijay Singh declined to give…
MUMBAI: For someone at the heart of one of India’s most storied corporate families, Mehli Mistry has long remained an enigma: a man who moves within the most rarefied Parsi circles yet stays almost invisible to the public eye. Photographs of him are scarce; party appearances rarer still. He doesn’t drink, avoids the social circuit,…
Given that Mistry is ineligible to vote regarding his own term renewal, the outcome at SDTT represents a majority decision. Tata Trusts tussle: In a significant development at the Tata Trusts, Mehli Mistry’s position appears uncertain as chairman Noel Tata, vice chairman Venu Srinivasan and trustee Vijay Singh have not approved for extending his term,…
