Legal opinion clears Vijay Singh's pay after Tata Trusts auditor flagged issue.

Business
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Moneycontrol•16-12-2025, 12:27
Legal opinion clears Vijay Singh's pay after Tata Trusts auditor flagged issue.
- •Tata Trusts sought a legal opinion on trustee Vijay Singh's remuneration from Tata Sons after auditors flagged the issue.
- •Senior advocate Percy Pardiwala's opinion cleared Singh's income, stating it was legal and compliant with laws and governance norms.
- •The issue centered on whether Singh's remuneration as a nominee director should accrue to him personally or be deposited with the Trusts.
- •This incident highlights a rift among Tata Trusts' trustees, leading to Singh losing his nominee director position on the Tata Sons board.
- •Singh received Rs 20.13 crore from Tata Sons and other group companies between 2013-14 and 2024-25, with the bulk from Tata Sons.
Why It Matters: Shows internal conflict and governance scrutiny within Tata Trusts.
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