Attempt all answers by citing examples and relevant legal provisions.

In the picture below various businesses of Tata Sons Pvt Ltd.Answer the following:

1.Under agency theory, if the chairperson of Tata Power and Tata Global Beverages are the same individuals, what will be their role and responsibilities towards the company's shareholders? Explain. If Tata Global Beverages makes it mandatory, all its employees buy Voltas ACs, then provide two scenarios that may result in a corporate fraud. (mention assumptions as well).

2.The given chart illustrates the control of Tata Sons Pvt Ltd on its operating companies Why do holding companies like to have controlling shares in their operating companies? Can this influence on the latter's decision-making? Explain. What oversight should be mandatory for good corporate governance in both the holding and operating company?

3If Arun sits on the board of Tata SIA as an Independent Director, how many other Tata companies can he be offered a Board seat. If Arun starts giving inputs to the managers of Tata SAI on how to negotiate contracts, can he continue to be an Independent Director? Give reasons for your answer.

4If Tata Sons Pvt Ltd instructs all its operating companies to gift Titan watches to their employees on Diwali, list out five essential questions that shareholders of all companies should ask to the audit committee and board of these companies. What should Tata Sons Pvt Ltd do to ensure good corporate governance?

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Tata group structure Tata Sons Holdco structure Tata Son Tata Tata Tata Motors Tedley - Rals Jo Rover L. Tata Coffee Voltas Consumer IT/Telecom Materials Services Chemicals Automotive & Finance Energy Airline