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Can Ratan Tata’s inherited shares go to his charities? - The Times of India
MUMBAI: The Maharashtra charity commissioner validated the 1989 transfer of 833 Tata Sons shares from the Navajbai Ratan Tata Trust (NRTT) to Naval Tata—and in doing so, surfaced a little-known condition that’s attached to the deal: the shares could be transferred or bequeathed only to the holder’s own relatives, and not to third parties.
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