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Tata Trusts within right to seek merger, but Tata Sons can challenge: Lawyer
Tata Trusts can propose restructuring, but Tata Sons may legally challenge, risking delays and requiring multiple approvals.
Tata Trusts’ proposal to merge two operating companies of the Tata Group — Tata Electronics Systems Solutions Private Ltd and Tata Consulting Engineers — with Tata Sons to avoid a listing could trigger a governance and legal battle if the holding com... [3570 chars]
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