Tata Trusts-Tata Sons governance row: Harish Salve, advising N Chandrasekaran, backs public company structure

Senior advocate Harish Salve is advising Tata Sons Chairman N Chandrasekaran. He asserts Tata Sons' legal position is perfect regarding RBI compliance rules. Salve stated the company must become a public entity to resolve issues. Governance differences among Tata Trust trustees are hindering this transition. Listing Tata Sons will bring transparency and professional management to the global group.