Live Law
2020-12-16 09:51:43.0
Divan now refers to the submissions with regards to Change in Articles of Association.
"The importance of selecting chairperson of Tata Sons is crucial because it affects shareholders and other entities. Mr. Ratan Tata is not the member of the board on 18 Dec 2012. He didn't attend any meeting until 2016 October.
He is not subject to the discipline of sec. 166 (fiduciary duties) of Companies Act.
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