Tata Trusts faces mounting legal challenges ahead of critical May 16 meeting. A third legal notice has been filed against Sir Ratan Tata Trust regarding a 37-year-old share transfer of Tata Sons from a trust to the late Naval Tata, whose sons include Noel Tata and the late Ratan Tata. The notice comes as Noel Tata has opposed the reappointment of key trustees at a Tata Trust affiliate. Previous complaints alleged violations of rules capping lifetime trustees. The Bombay High Court declined an earlier petition to adjourn the trust meeting. With SRTT controlling 23.56% of Tata Sons, the holding company of the entire Tata Group, governance disputes at the trust level could have significant implications for the conglomerate's structure and decision-making authority going forward.
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