New Delhi:The Maharashtra State Charity Commissioner has ordered Tata Trusts to defer a meeting of its board of trustees scheduled on May 16, citing a complaint over alleged violation of rules for the board composition of Sir Ratan Tata Trust.

Tata Trusts, among Asia's largest philanthropic institutions and India's oldest, established in 1892, in a statement said the order is "ex-parte" and pertains only to Sir Ratan Tata Trust.

"The directions received from the Office of Charity Commissioner are being examined by the Sir Ratan Tata Trust," Tata Trusts said in the statement.

Tata Trusts own 66 per cent of Tata Sons, the group's holding company, and the meeting on Saturday was important because issues such Tata Sons' listing, reappointment of Tata Sons' chairman N Chandrasekaran and other nominee directors was reported to be discussed. The meeting was originally scheduled for May 8, but was postponed to May 16.

"We understand that the direction issued is only in respect of SRTT. It is reiterated that the direction was issued ex parte, with no notice being given to SRTT and no hearing being afforded to it, before the direction was issued," Tata Trusts said.

Source:ndtv