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India charity commissioner orders Tata Trusts to defer board meeting amid probe, document says

By Jayshree P Upadhyay

MUMBAI, May 15 (Reuters) - India's Maharashtra charity commissioner has ordered Tata Trusts to defer its Saturday board meeting after complaints triggered an inquiry into the trusts' governance.

Tata Trusts holds a controlling stake in the holding company of the Tata Group, Tata Sons, which faces pressure to list.

The trusts have been told not to hold the meeting until an inspector completes a probe and submits a report.

The order follows complaints over trust composition. One of the complainants is Venu Srinivasan, a senior trustee at Tata Trusts.

 (Reporting by Jayshree P Upadhyay in Mumbai, Writing by Anna Peverieri in Barcelona; Editing by Shinjini Ganguli)

 ((Anna.Peverieri@thomsonreuters.com;))

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