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塔塔信托风波:诺埃尔·塔塔及三名SDTT受托人指控文努·斯里尼瓦桑与维杰·辛格违反信托责任Tata Trusts row: Noel Tata, 3 SDTT trustees accuse Venu Srinivasan, Vijay Singh of breaching fiduciary duties

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诺埃尔·塔塔、达里乌斯·坎巴塔、巴斯卡尔·巴特和内维尔·塔塔——即多拉布吉·塔塔信托基金会(Sir Dorabji Tata Trust)的四位受托人——已对维努·斯里尼瓦桑和维贾伊·辛格于9月30日发出的信函作出回应。诺埃尔·塔塔及另外三位受托人作出回应。消息人士称,在联合回复中,受托人指出维努·斯里尼瓦桑和维贾伊·辛格违反了受托人义务,并削弱了该信托基金会对塔塔子有限公司(Tata Sons)上市问题的立场。

Noel Tata, Darius Khambata, Bhaskar Bhat, and Neville Tata, the four trustees of Sir Dorabji Tata Trust, have replied to the September 30 letter from Venu Srinivasan and Vijay Singh. Noel Tata and 3 Trustees RespondSources say, in the joint reply, the trustees said Venu Srinivasan and Vijay Singh breached fiduciary duties and undermined the Trust's stance on Tata Sons' listing.

回复还称,根据该信函内容,两人自2026年4月起公开支持此次上市,但在此后召开的多拉布吉·塔塔信托基金会的三次会议中均未提及此事。回复补充说,多拉布吉·塔塔信托基金会(SDTT)于9月16日通过多数票决议,要求斯里尼瓦桑不得对上市相关事项进行投票。联合回应指出,信托基金会依据第118条和第121条进行的投票,被其自身提名的代表所推翻。

They also said the two backed the listing publicly from April 2026 and did not raise it at the three Sir Dorabji Tata Trust meetings held since, according to the reply. The reply added that SDTT's September 16 resolution, passed by majority, asked Srinivasan not to vote on listing items. The joint response said that the Trusts' vote under Articles 118 and 121 was overridden by their own nominee.

据消息人士称,回复中还指出,Venu Srinivasan和Vijay Singh于9月25日向慈善专员提交了内容相同的投诉,但并未与他们的共同受托人分享。回复强调反对上市立场,并表示印度储备银行(RBI)并未强制要求上市,仅要求通过合法途径遵守相关法规。四位受托人还为2026年9月28日致信维持Tata Sons私有地位一事辩护,称此举执行了SDTT和SRTT长期一致批准的决定。

The reply, as per sources, also added that Venu Srinivasan and Vijay Singh filed identical complaints with the Charity Commissioner on September 25, without sharing them with their co-trustees. Underscoring the stance against listing, the reply also said that the RBI did not mandate listing and only asked for a lawful route to comply with regulations. The four trustees also defended the September 28, 2026, letter to keep Tata Sons private, saying it implements the long-standing, unanimously approved position of SDTT and SRTT.

他们还引用了2024年3月、2025年5月和2025年7月的决议,其中均指出Tata Sons应保持私有。受托人表示,拟议的重组方案是作为避免上市的一种选择提出,而非信托机构试图篡夺Tata Sons董事会的权力。Tata信托机构合计持有Tata Sons约66%的股份,而SDTT持有约28%,因此信托机构的立场是任何需要股东和NCLT批准的重构方案中不可或缺的一部分。

They also cited resolutions of March 2024, May 2025 and July 2025, which stated that Tata Sons should remain private. The trustees said the proposed restructuring was presented as an option to avoid listing, and not an attempt by the Trusts to usurp the Tata Sons board's authority. The Tata Trusts collectively hold about 66% of Tata Sons, while SDTT holds about 28%, making the Trusts' position an essential part of any restructuring requiring shareholder and NCLT approval.

该信函还提及受托人认为Srinivasan和Singh存在矛盾行为:一方面寻求慈善专员介入,阻止SDTT举行会议或采取行动;另一方面又主张决策应通过集体行动作出。慈善专员要求SDTT在10月12日前作出回应马哈拉施特拉邦慈善专员已要求Sir Dorabji Tata信托机构作出回应。SDTT有七天的时间,即截至10月12日,必须予以答复。

The letter also highlighted what the trustees described as contradictory conduct by Srinivasan and Singh in seeking Charity Commissioner intervention to prevent SDTT from meeting or acting, while arguing that decisions should be made through collective action. Charity Commissioner seeks response from SDTT by Oct 12The Maharashtra Charity Commissioner has sought a response from the Sir Dorabji Tata Trust. SDTT has seven days, till October 12, to reply. This follows complaints by its two vice-chairmen and trustees, Venu Srinivasan and Vijay Singh.

此前,该信托机构的两位副主席兼受托人Venu Srinivasan和Vijay Singh提出了投诉。他们指控该信托机构干涉了提名董事的独立决策权,并对SDTT介入Tata Sons业务事务提出质疑,要求调查可能存在的失职行为。Noel Tata和Neville Tata已提前向专员提交了异议声明,以确保在监管机构采取任何行动前,他们的意见能够被听取。

They allege the trust interfered with the nominee directors' independent decision-making. They have questioned SDTT's involvement in Tata Sons' business matters. They want a probe into possible misconduct. Noel Tata and Neville Tata have already filed caveats with the commissioner. The caveats seek to ensure they are heard before the regulator takes any action. So the focus now shifts to SDTT's reply next week and whether the regulator steps in.

因此,目前的焦点转向SDTT下周的回应,以及监管机构是否会介入。

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