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City & Guilds London Institute trustees accused of stalling inquiry into £166m sale
NEWS
5/9/2026

City & Guilds London Institute trustees accused of stalling inquiry into £166m sale

The board of the vocational charity has shown a ‘catastrophic failure of governance’, according to a member of the group’s councilThe trustees of City & Guilds London Institute have been accused of attempting to dodge accountability for a “catastrophic failure of governance” by stalling on the launch of an independent inquiry into the £166m sale of the vocational charity’s training and accreditation business last October.Members of the 148-year-old body voted overwhelmingly last month for the trustee board to trigger what would be the third investigation into how the foundation sold its operations to the private operator PeopleCert in October. Continue reading...

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Guardian Business
Tata Trusts adopts view that Maharashtra ordinance doesn't require reappointment of existing permanent trustees
Developing
Business·4/28/2026AI summary

Tata Trusts adopts view that Maharashtra ordinance doesn't require reappointment of existing permanent trustees

Tata Trusts believes existing permanent trustees don't need reappointment under Maharashtra's new ordinance, based on legal advice that the law doesn't apply retrospectively. The Maharashtra Public Trusts (Amendment) Ordinance, 2025 caps perpetual trustees at one-fourth of a trust's total strength, affecting Sir Ratan Tata Trust and Tata Education and Development Trust where at least half trustees hold perpetual status. The ordinance took effect September 1, 2025, amid ongoing scrutiny following Mehli Mistry's allegations of procedural breaches and fiduciary lapses.

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Economic Times