Noel Tata's Ongoing Challenge: Leadership in Tata Trust but Barred from Tata Sons
Noel Tata has faced challenges in his pursuit of leading Tata Sons before.
Thirteen years ago, when Ratan Tata stepped down, many thought Noel would take over.
After Ratan Tata passed away on October 9, his half-brother Noel Tata took on the leadership role of the Tata Trust. Noel was appointed as the chairman of both of Tata's key trusts.
It gave him the authority to make important decisions. However, it's crucial to note that Noel Tata cannot become the chairman of Tata Sons as the company controls over a dozen firms within the Tata Group.
Noel Tata has faced challenges in his pursuit of leading Tata Sons before.
Thirteen years ago, when Ratan Tata stepped down, many thought Noel would take over, but his brother-in-law, Cyrus Mistry, got the position instead.
In 2019, when Noel became a trustee of the Sir Ratan Tata Trust, there were rumors he might become chairman of Tata Sons.
He was also named a trustee of the Sir Dorabji Tata Trust in 2022, but he still hasn’t become chairman.
A law from two years ago, introduced by Ratan Tata, has made it harder for Noel to become chairman, even though he holds a leadership role in the group.
