Tata Trusts: Maharashtra Law Won't Disturb Pre-September 2025 Lifetime Trustees
Tata Trusts clarified that a new Maharashtra statute does not apply to lifetime trustees appointed before September 2025. The Bombay High Court has disposed of a petition seeking a stay on the Trusts' May 16 meeting, easing legal overhang on the body that controls Tata Sons.
Tata Trusts clarified that a new Maharashtra law does not affect lifetime trustees appointed before September 2025, noting the Bombay High Court has disposed of a petition seeking a stay on its May 16 meeting.