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Singhvi on Tata Sons-Trusts Dispute: "I'll be the happiest person if things are settled out of court"
M
Moneycontrol•23-09-2026, 17:22
Singhvi on Tata Sons-Trusts Dispute: "I'll be the happiest person if things are settled out of court"
- •Senior Supreme Court Advocate Abhishek Manu Singhvi, counsel for Tata Trusts, expressed sadness over the dispute but stated that legal action might be unavoidable.
- •Singhvi argues that the Tata Sons board's decision on September 17 breached key provisions of the company's Articles of Association, specifically regarding shareholder primacy and board quorum.
- •He highlighted four articles (104B, 115, 118, 121) that he claims were violated, emphasizing that a majority of Trust nominees (two out of two) is required for board consideration, which was not met.
- •Singhvi dismissed the RBI listing issue as a "red herring," arguing it is irrelevant to the chairman's appointment and a tactic to distract from alleged illegalities.
- •He also questioned the timing and motive behind a Charity Commissioner's stay on one of the Trusts, calling it "mysterious" and a "pincer movement" to paralyze the 66% shareholder.
