‘Parsi-only’ rule in focus: Bai Hirabai Trust to move for change in ‘restrictive’ trustee clauses – Tata Trusts

Tata Trusts on Sunday said trustees of the Bai Hirabai Trust have decided to approach the appropriate authority to amend certain restrictive clauses, such as prohibition of non-Zoroastrians from being trustees, in the eligibility criteria of being a trustee in it.

The development comes days after Mehli Mistry, a former trustee of the Tata Trusts, challenged the appointments of veteran industrialist Venu Srinivasan and former defence secretary Vijay Singh to the board of Bai Hirabai Jamsetji Tata Navsari Charitable Institution (Bai Hirabai Trust) in a complaint to the Maharashtra Charity Commissioner.

Mistry had claimed that Srinivasan and Singh do not satisfy the criteria laid out in the trust deed, including the specific conditions including practice of the Parsi Zoroastrian faith and residency requirements in Mumbai.

Earlier this month, Srinivasan, a trustee of Tata Trusts, resigned from the Bai Hirabai Trust citing other business commitments but later admitted to stepping down at the request of Tata Trusts management.

Board meeting on 17 April

In a statement, Tata Trusts said the Board of Trustees of the Bai Hirabai Trust met on April 17, 2026 under the Chairmanship of Noel N Tata, Chairman, Tata Trusts.

The trustees reviewed the activities of the Bai Hirabai Trust and deliberated on the recent statements appearing in sections of the press relating to the trust.

“In order to correct anomalies in the Trust Deed and to align it with the values that the Tata Trusts have always epitomised, the trustees have decided to adopt proceedings before the appropriate authority for alteration of restrictive clauses in respect of eligibility of trustees,” the statement said.

In the meeting, the trustees were categorical in emphasising that the Tata ethos have always been inclusive, secular and all-encompassing and focussed on philanthropy and service to the nation, it added.

“Non- Zoroastrians have been continuously appointed to the trust since the year 2000, following a legal opinion obtained from a former Chief Justice of India. The trustees noted that Bai Hirabai is a non-shareholding trust with a minimal asset base and limited activities,” Tata Trusts said.

People close to Mehli Mistry said the mere fact that trustees of Bai Hirabai Trust are deciding for alteration of the “restrictive clauses” is an acknowledgement of what the trust deed currently says.

While it will be for the appropriate authority to decide, they said it remains to be seen how the trustees of Bai Hirabai Trust could challenge a will after 103 years.

They asserted that under the current circumstances, non-Zoroastrians are prohibited from being trustees of the Bai Hirabai Trust and having them as trustee “is illegal till the amendment is passed”.

In its statement, Tata Trusts noted that Bai Hirabai Trust was created under the 1916 Codicil to the will of Sir Ratan Tata who died in 1918. The Codicil did not provide for any restrictions in respect of trustees on grounds of ethnicity, race or religion.

The Codicil further provided that the trustees of the will of Sir Ratan Tata, who were also trustees of the Sir Ratan Tata Trust (SRTT) – a trust created by his will – would also be trustees of the Bai Hirabai Trust, it added.

In 2015, the objects of the Bai Hirabai Trust were enlarged to also cover the general public as beneficiaries of the activities of the trust, the statement said.

“There are no such restrictions as to qualifications for trusteeship of SRTT nor of the Sir Dorabji Tata Trust (SDTT) nor of any other Tata Trust,” it asserted. Nonetheless, Tata Trusts said,”It is a fact that the Trust Deed made in 1923 by the then trustees, contained restrictive clauses that, amongst other things, prohibited non-Zoroastrians from being trustees of the Bai Hirabai Trust. These provisions imposed restrictions not provided for by Sir Ratan Tata’s Codicil.”

Tata Trusts also said the trustees reiterated their full faith and confidence in its Chief Executive Officer Siddharth Sharma and his administrative stewardship of the Tata Trusts.

Sharma had come under spotlight as media reports stated that he had asked Srinivasan and Singh to step down from the board of Bai Hirabai Trust at Noel Tata’s behest following objections raised by Mehli Mistry.

(with inputs from agencies)

Latest

Merz Sets Crisis Talks to Tackle Energy Price Impact on Germany

Chancellor Friedrich Merz said he plans to convene Germany’s national security council to discuss the global energy crisis, signaling increased concern about

How to reapply for personal loan if rejected and what’s the process?

If you face a rejection, it is important to understand the underlying causes and how to recover.

Claiming grandparents’ fixed deposits after death: What to do without a will

Grandchildren might be uncertain of their legal standing or mistakenly believe that only the most immediate surviving heirs are entitled to the funds

What great minds like Benjamin Graham and Warren Buffett think about investing—timeless lessons you shouldn’t ignore

We explore top 20 investment tips from the 17 best investors of all time, including Warren Buffett, Benjamin Graham and Peter Lynch. Here are some timeless inve

Tech sector layoffs accelerate in 2026 amid AI pivot

The data from Layoffs.fyi showed that the past two weeks saw a fresh surge in headcount reductions. Snap Inc., The Walt Disney Company, Meta Platforms and Oracl

Topics

Curtis Mead homers, Andrew Alvarez shines in relief as Nationals blank Giants 3-0 to avoid sweep

Curtis Mead homers, Andrew Alvarez shines in relief as Nationals blank Giants 3-0 to avoid sweep

Merz Sets Crisis Talks to Tackle Energy Price Impact on Germany

Chancellor Friedrich Merz said he plans to convene Germany’s national security council to discuss the global energy crisis, signaling increased concern about

US Navy seizes Iranian-flagged cargo ship defying Hormuz blockade, says Trump

In a post on Truth Social, Trump said the vessel, identified as Touska, was intercepted in the Gulf of Oman by the US Navy destroyer USS Spruance.

Iranian woman, 44, selling drones, bombs for the regime, arrested in US

Prosecutors also accused Shamim Mafi of facilitating deals involving Iranian-made weapons, including drones, bomb fuses and millions of rounds of ammunition de

Dhurandhar 2 Worldwide Box Office Day 32: Ranveer Singh film beats Pushpa 2, becomes 3rd highest-grossing Indian film

Ranveer Singh's Dhurandhar 2 has crossed ₹1,115 crore net in India on day 32, overtaking Pushpa 2 to become the third highest-grossing Indian film worldwide

How to reapply for personal loan if rejected and what’s the process?

If you face a rejection, it is important to understand the underlying causes and how to recover.

Iran turns down fresh peace talks with US: State news media

Islamic Republic News Agency cited multiple reasons for Tehran’s refusal, including what it described as “excessive demands” from Washington, unrealistic

Claiming grandparents’ fixed deposits after death: What to do without a will

Grandchildren might be uncertain of their legal standing or mistakenly believe that only the most immediate surviving heirs are entitled to the funds
spot_img

Related Articles

Popular Categories

spot_imgspot_img