Ratan Tata |
Highlights :
- Tata Family has no special rights : A non-Tata may one day head the Trust - Ratan Tata
- Ratan Tata is the only person to have been the chairman of both Tata Sons and Tata Trusts
- The current chairman of Tata Sons is also not a Tata
Tata Family has no special rights : A non-Tata may one day head the Trust - Ratan Tata said in a recent submission to the Supreme Court.
Ratan Tata is the only person to have been the chairman of both Tata Sons and Tata Trusts, a role that was later segregated when he stepped down from the Tata Sons board in 2012.
The current chairman of Tata Sons is also not a Tata, the Patriarch said in his plea, countering the Mistry group's claim that Tata Sons, the holding company, was a 'quasi-partnership' between the Tata and the Mistry Family.
Their shareholding itself shows that the structure of the Tata group is delinked from the family, Tata said referring to the fact that he and his relatives owns less than 3% in Tata Sons.
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