Tata Sons clears 10k crore for Air India, with conditions attached
The people said the ban does not affect voting rights of Tata Trusts’ nominee directors. Nominee directors, appointed under article 104B, owe their primary fiduciary duty to Tata Sons, and their voting rights under article 121A remain intact unless they resign or are formally removed. MUMBAI: Tata Sons’ board has cleared a fresh capital infusion…
