Signal Desk · Markets

Noel Tata, trustees accuse rivals of breaching fiduciary duties

2026-10-06 · 2 sources · CNBC TV18 Market

In short

Noel Tata and three SDTT trustees accused Venu Srinivasan and Vijay Singh of breaching fiduciary duties.

The summaries say a vote under Articles 118 and 121 was overridden by their own nominee, and that complaints were filed with the Charity Commissioner on September 25. This matters because it shows a serious split inside Tata Trusts, but the full outcome is still not known.

What the reporting says

Noel Tata and three SDTT trustees have accused Venu Srinivasan and Vijay Singh of breaching fiduciary duties, according to publisher summaries. The reporting says the joint response claims a Trusts vote under Articles 118 and 121 was overridden by their own nominee, and that the pair filed identical complaints with the Charity Commissioner on September 25 without sharing them with co-trustees. The immediate consequence is a sign of a deeper split in Tata Trusts, while the underlying dispute remains unresolved.

Why it matters

Noel Tata and three SDTT trustees are reported to have accused Venu Srinivasan and Vijay Singh of breaching fiduciary duties. The summaries say the Trusts’ vote under Articles 118 and 121 was overridden by their own nominee and that identical complaints were filed with the Charity Commissioner on September 25 without being shared with co-trustees. The reporting indicates a deep rift inside Tata Trusts and notes SDTT holds 27.98% of Tata Sons.

Touches: Tata Trusts, Tata Sons, Companies, Markets

Sources