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Sir Ratan Tata Trust served legal notice for having 3 lifetime trustees
short by Garima Garg / on Sunday, 19 April, 2026
The Sir Ratan Tata Trust has been served a legal notice alleging a violation of Section 30A(2) of the amended Maharashtra Public Trusts Act, CNBC TV18 reported. The notice claims that 50% of the Trust's six-member board are perpetual or lifetime members. Contrarily, the Act mandates that perpetual trustees "shall not exceed one-fourth of the total number of trustees".
read more at CNBC-TV18