COVID-19 has reminded us that it’s important for parents to have an effective financial plan for safeguarding their kids’ future even in their absence. Investing in mutual funds through the systematic investment plan (SIP) mode with a long-term perspective or buying a large term insurance policy is not enough. (Photo Credit: Moneycontrol.com)
13th July 2021 | Moneycontrol.com Read More
The second wave of COVID-19 in India may seem to have ebbed for now, but it has left behind shattered families struggling to pick up the pieces. Amongst those worst-affected by the pandemic are children who have lost both their parents. If you are the guardian of a child, you need to ensure that the kid gains access to the assets his/her parents might have left behind. (Photo Credit: Moneycontrol.com)
2nd July 2021 | Moneycontrol.com Read More
“The minimum number of unit holders, other than sponsor, its related parties and its associates shall be five together holding not less than 25 per cent of the total unit capital of the InvIT,” Sebi said. (Photo Credit: The Financial Express)
29th June 2021 | The Financial Express Read More
Financial creditors who relied on balance sheets as proof of debt to initiate insolvency proceedings may now face a new hurdle following a ruling by the National Company Law Appellate Tribunal. (Photo Credit: Bloomberg Quint)
28th December 2020 | Bloomberg QuintRead More
Parties seeking merger clearance can sigh with relief, as India has done away with the disclosure requirements governing non-compete clauses. In November, the Competition Commission of India (CCI) announced that parties to a combination (merger/ acquisition) are no longer required to give separate details regarding non-compete clauses. This ensures flexibility for both the competition authority and merging parties. It is a win-win situation, as the merger review process will not be held up by these clauses, giving the industry the flexibility to operate commercially.
28th December 2020 | India Business Law JournalRead More
Cyril Amarchand Mangaldas (CAM) has announced a permanent working policy that allows its teams to work onsite and offsite, including work from home. The firm has been working on a remote-only model since the start of the pandemic and will continue the current work-from-home arrangement until 31 March 2021. The new long-term work- ing policy will come into effect after the pandemic wanes.
28th December 2020 | India Business Law JournalRead More
