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Maharashtra blocks Tata Trusts board meeting over suspected trustee violations and legal cap on perpetual trustees

Business
Published on 15 May 2026
Maharashtra blocks Tata Trusts board meeting over suspected trustee violations and legal cap on perpetual trustees

A charity commissioner ordered an indefinite pause

Maharashtra’s Charity Commissioner Amogh S. Kaloti has ordered Tata Trusts to defer a scheduled board meeting as an inquiry begins into alleged violations of the Maharashtra Public Trusts Act. The probe targets the composition of the Sir Ratan Tata Trust board under Section 30A(2), which caps perpetual trustees, after complaints were filed. Under Section 36A, future meetings are barred until an inspector’s report is submitted, following court observations and an inspector inquiry still awaiting results.

  • Board meeting deferred pending a Maharashtra Public Trusts Act inquiry
  • Orders issued under Section 36A(1) by Charity Commissioner Amogh S. Kaloti
  • Probe focuses on alleged non-compliance with Section 30A(2) trustee cap
  • Inspector inquiry ordered; report under Section 39 is still awaited
  • Bombay High Court recorded concerns about holding the May 16 meeting
  • Additional trustee meetings also postponed, with listings discussions put on hold
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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