BusinessHindustan Times

Investigation into Tata Sons shares stalls transfer under Ratan Tata's will

in5points
  1. Ratan Tata created RTEF and RTET before his death on 9 October 2024, intending 3,368 Tata Sons shares to be equally given to them.

  2. A complaint by Sunil Patilkhede in May 2026 triggered a Maharashtra charity commissioner investigation into a 1989 transfer of 833 Tata Sons shares from Navajbai Ratan Tata Trust to Naval H. Tata.

  3. The investigation has stalled the transfer of shares to RTEF and RTET, leaving executors including Shireen and Deanna Jejeebhoy unable to proceed.

  4. Tata Trusts denied allegations, stating the 1989 transfer was lawful, approved by lawyer Nani A. Palkhivala and the then Tata Sons board.