Mehli Mistry files caveat against ouster from Tata Trusts

the board to the Charity Commissioner.

- 

Mehli Mistry, a Mumbai-based businessman and confidant of late Ratan Tata was the executor of Tata's will.

(X/@SUHELSETH)

Lengthy case?

Unless adjudicated quickly, the development could mark the start of a lengthy legal case, which could hinder decisions made by Tata Trusts—and consequently impact the operations of Tata Sons, the holding company of the Tata Group.

This is because many of the decisions of Tata Sons, including the induction of board members and investments exceeding ₹100 crore, require approval from the Tata Trusts, as per the articles of association of Tata Sons.

An email sent to Mistry seeking comment went unanswered.

Alay Razvi, managing partner of law firm Accord Juris explained that when a caveat is filed with the Charity Commissioner, it legally obligates the Commissioner to notify and hear the caveator (in this case, Mistry) before passing any order. In simple terms, it prevents the Commissioner from approving Tata Trusts’ decision without first allowing Mistry to present his defence.

What filing a caveat means

However, filing a caveat alone does not halt or suspend ongoing regulatory proceedings or trustee functions; it only ensures procedural fairness and the right to be heard.