Corporate Governance

Venu Srinivasan Quits Tata Trust as Legal Battle Over Rules Erupts

TVS Motor Chairman Emeritus Venu Srinivasan has resigned from the Bai Hirabai Jamsetjee Tata Navasari Charitable Institution (BHI) following a legal challenge by Mehli Mistry. The petition argues that the trust’s 1923 deed limits board members to Parsi residents of Mumbai, a rule that does not apply to other Tata