• Home
  • About US
  • Contact Us
  • Privacy Policy
  • Terms of Use

Archives

  • October 2026
  • September 2026
  • August 2026
  • July 2026
  • June 2026
  • May 2026
  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • March 2022
  • February 2022
  • January 2022
  • November 2019

Categories

  • Auto
  • Business
  • Climate & Earth
  • Coronavirus
  • Crypto
  • Entertainment
  • Happiness Basket
  • India
  • Learn | Unlearn | Relearn
  • Lifestyle
  • Politics
  • Research Discoveries
  • Science & Technology
  • Sports
  • Trending
  • Video
  • World
  • Home
  • About US
  • Contact Us
  • Privacy Policy
  • Terms of Use
Read Selective
  • World
  • Politics
  • India
  • Business
  • Entertainment
  • Lifestyle
  • Auto
  • Crypto
  • Coronavirus
  • Happiness Basket
  • Research Discoveries
  • India

1989 Tata Sons share transfer legal, Maharashtra commissioner rejects Vijay Singh’s plea

  • September 6, 2026

The Maharashtra Charity Commissioner has rejected Vijay Singh’s complaint over the 1989 transfer of 833 Tata Sons shares to Naval H Tata. The order also questioned Singh’s conduct and said no further investigation was needed.

Vijay Singh, a former Union Defence Secretary, resigned as a trustee of the Sir Ratan Tata Trust in August 2026. (Photo: X/@VijaySingh)

The Maharashtra Charity Commissioner has rejected a complaint filed by Vijay Singh, trustee of the Navajbai Ratan Tata Trust and Vice Chairman of Tata Trusts, over the transfer of 833 shares of Tata Sons to Naval H Tata in 1989.

In an order dated September 2, Charity Commissioner Amogh Kaloti said the share transfer, which took place nearly 37 years ago, was legally valid and complied with the statutory and tax regulations applicable at the time. The commissioner also found that the shares were transferred for appropriate consideration and that the documents related to the transaction were in order.

Singh had filed the complaint via email on June 10, 2026, questioning the transfer of the shares from the Navajbai Ratan Tata Trust to Naval H Tata, father of current Tata Sons Chairman Noel Tata. He had sought an independent investigation into the transaction.

Following a detailed examination, the Charity Commissioner closed the matter, concluding that there was no need for any further investigation into the 1989 transfer.

COMMISSIONER QUESTIONS SINGH’S CONDUCT

The order also contains observations about the manner in which Singh filed the complaint.

According to the order, Singh had attended a board meeting on June 8, two days before filing his complaint. During the meeting, the trustees had passed a resolution to present the trust’s position before the Charity Commissioner.

However, Singh subsequently filed a complaint seeking an independent probe on June 10 without informing the other trustees, the order said.

The Charity Commissioner criticised this conduct, describing it as unbecoming of a trustee. The order also observed that Singh’s actions could have an adverse impact on the reputation and goodwill of the institution and were not consistent with the responsibilities associated with his position as a trustee of the Navajbai Ratan Tata Trust.

Tata Trusts, reacting to the order, said the decision had vindicated its position. It described the allegations against the trust as false, baseless and motivated by malice.

NO ACTION UNDER SECTION 41D

The Maharashtra Public Trusts Act gives the Charity Commissioner powers to examine matters relating to the administration of public trusts and the conduct of trustees.

Section 41D of the Act provides for action against trustees in certain circumstances, including persistent neglect of duties, breach of obligations towards the trust and, in some cases, misconduct. Depending on the circumstances and prescribed procedure, such action can include suspension, removal or dismissal of a trustee.

However, the September 2 order does not, by itself, direct or initiate any proceedings under Section 41D against Singh.

The adverse observations regarding his conduct could nevertheless become relevant in any future regulatory inquiry or dispute concerning his role as a trustee.

Source : https://www.indiatoday.in/india/story/tata-sons-share-transfer-maharashtra-charity-commissioner-rejects-vijay-singh-complaint-2988030-2026-09-06

Previous Article
  • India
  • Trending

Indus Waters Treaty On Hold, India Builds First Rock Check Dam In Ladakh

  • September 5, 2026
View Post
Next Article
  • India

Andhra family of four jumps into Godavari River; financial crisis suspected

  • September 6, 2026
View Post
You May Also Like
View Post
  • India

Bhagwant Mann stopped for 3 hours at Delhi airport, fined Rs 50,000, claims AAP

  • October 21, 2026
View Post
  • India

BJP mocks Rahul Gandhi for Vietnam trip amid SIR protests, Congress hits back

  • October 21, 2026
View Post
  • India

Months after Yusuf Pathan’s TMC exit, Gujarat allots him disputed Vadodara plot

  • October 21, 2026
View Post
  • India

Salman Khan was original target, Tiger Shroff an ‘easy second choice’ for Lawrence Bishnoi gang: Mumbai Police sources

  • October 21, 2026
View Post
  • India

Delhi Police arrests 4 others in Tiger Shroff shooting; Maharashtra cops get 3-day transit remand for accused

  • October 21, 2026
View Post
  • India

UN experts slam India’s ‘heavy-handed’ crackdown on youth-led protests

  • October 21, 2026
View Post
  • India

Amit Shah Attacks AAP Govt In Punjab, Says Those Raising Voices Against Drug Menace Not Safe

  • October 21, 2026
View Post
  • India

Delhi Police Transfers Another Case Against CJP Leaders Saurav Das, Ashutosh Ranka To Crime Branch

  • October 21, 2026

Recent Posts

  • Bhagwant Mann stopped for 3 hours at Delhi airport, fined Rs 50,000, claims AAP
  • BJP mocks Rahul Gandhi for Vietnam trip amid SIR protests, Congress hits back
  • Months after Yusuf Pathan’s TMC exit, Gujarat allots him disputed Vadodara plot
  • Salman Khan was original target, Tiger Shroff an ‘easy second choice’ for Lawrence Bishnoi gang: Mumbai Police sources
  • Delhi Police arrests 4 others in Tiger Shroff shooting; Maharashtra cops get 3-day transit remand for accused
Categories
  • Auto (43)
  • Business (461)
  • Climate & Earth (16)
  • Coronavirus (17)
  • Crypto (26)
  • Entertainment (852)
  • Happiness Basket (7)
  • India (6,078)
  • Learn | Unlearn | Relearn (163)
  • Lifestyle (329)
  • Politics (95)
  • Research Discoveries (434)
  • Science & Technology (459)
  • Sports (1,006)
  • Trending (1,733)
  • Video (1)
  • World (9,982)
Read Selective

For Feedbacks, Advertisements or Any Other Concerns mail us at info@readselective.com

Pages
  • Home
  • About US
  • Contact Us
  • Privacy Policy
  • Terms of Use
Categories
  • Auto
  • Business
  • Climate & Earth
  • Coronavirus
  • Crypto
  • Entertainment
  • Happiness Basket
  • India
  • Learn | Unlearn | Relearn
  • Lifestyle
  • Politics
  • Research Discoveries
  • Science & Technology
  • Sports
  • Trending
  • Video
  • World
© 2024 Read Selective | Developed by SUGARA Technologies
  • Home
  • About US
  • Contact Us
  • Privacy Policy
  • Terms of Use

Input your search keywords and press Enter.

Go to mobile version