We , minority share holders are perplexed and wish that Postal Ballots sent to us were for some thing positive. We hold Tata s and Tata Companies in great esteem.
We have been and still are great admirers ( fans ) of Ratan Tata.
But in his 14 page , very comprehensive representation to minority shareholders , Cyrus Mistry has made a valid point.
Please read this Representation of Cyrus Mistry :-
It is about the manner in which Tata Trusts are run. Tata Trusts hold 66% of Tata Sons Equity.
Cyrus points out that are Public Trusts for the benefit of all Indians and are not Family Trusts.
These Trusts had Veto power in the Management / Decision making process of Tata Companies which should be run on Professional Lines.
Cyrus was just trying to Reform
Please , also , read :-