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NRTT-Naval Tata Share Transfer Inquiry Closed

The Maharashtra Charity Commissioner has closed the inquiry into the 1989 transfer of 833 Tata Sons shares by the Navajbai Ratan Tata Trust (NRTT) to Naval H Tata, observing that the transaction “was made in full compliance with the provisions of law then in force”, effectively drawing the curtains on a dispute over the share transfer that dates back more than three decades.