'Bai Hirabai Trust clause change will not validate current board'
BENGALURU/MUMBAI, April 21 -- Mehli Mistry, former trustee of Tata Trusts, said the plan to amend restrictive clauses that limit trustee eligibility at an affiliate trust to Zoroastrians amounts to an admission that its current board is not in compliance with the 103-year-old trust's laws.
Mistry, who was ousted from all but one of the Tata Trusts in October, said any amendment to the Bai Hirabai Jamsetji Tata Navsari Charitable Institution will apply only prospectively, and cannot validate the appointment of existing trustees who do not meet the eligibility criteria under the current deed.
"Any amendment will require an application before Maharashtra Charity Commissioner, who would hear all concerned parties. Any order passed pursuant ther...
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