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FIDUCIARY DUTY
Maharashtra charity body may examine Tata Trust share transfer validityMaharashtra Charity Commissioner will examine an external legal opinion. This opinion questions the 1989 transfer of Tata Sons shares. The ...
So, what board are you on? Every board is different — directors who adapt to the one they join create more valueIndependent directors must understand their specific board's archetype for optimal performance. Four archetypes exist: promoter-led, MNC su...
IPO-bound Zetwerk faces counterclaims in escalating US trade secret disputeThe ITC complaint, filed on July 16, names Zetwerk Manufacturing Businesses, Zetwerk Manufacturing USA, and subsidiaries Unimacts Global an...
Preparing Your Brand for Agentic AIAI agents are transforming brand-consumer relationships. The authors explore how brands must adapt to a new retail environment in which con...
Uber board sued over alleged 'serial' compliance failures, sexual abuse lawsuitsIn a complaint filed in San Francisco federal court, shareholders led by a Detroit pension fund said board members ignored repeated inter...
Kerala HC orders independent re-evaluation of Sabarimala ghee saleThe Kerala High Court has ordered a fresh probe into alleged fund misappropriation by Travancore Devaswom Board employees. The court expres...
Activision shareholders reach $250 million settlement over Microsoft buyoutShareholders of Activision Blizzard reached a $250 million settlement over allegations that Microsoft and former executives of the maker ...
InGovern asks directors of 7 listed Tata firms to push for listing of Tata SonsInGovern Research Services urged directors of seven listed Tata Group firms to advocate for Tata Sons' public listing. Citing RBI's 2026 re...
Word of the day: FiduciaryToday's word of the day 'fiduciary' describes relationships built on legal and ethical trust, where one party must act in another’s best in...
US lenders’ consortium files lawsuit against Byju’s founder, othersMembers of a lending consortium have sued Byju Raveendran, his wife Divya Gokulnath, and Anita Kishore, alleging they misappropriated $533 ...
Front-running is unfair, undermines trust in marketsFront-running is an illegal practice of purchasing a stock based on unpublished information of a large transaction that could move prices. ...
Appellate Tribunal rules employees can hold cash for employers without it being 'benami transaction'The appellate tribunal has ruled that employees holding cash in a fiduciary capacity for their employers are not engaged in benami transact...
Decoding the role of nominee directors in a firmSection 149(7) of the Companies Act 2013 defines nominee directors as directors nominated by financial institutions under laws or agreement...
In win for Robinhood, judge declares Massachusetts investment advice rule invalidThe Massachusetts rule went beyond a standard the U.S. Securities and Exchange Commission adopted in 2019 by requiring broker-dealers have ...
SP Group files for review of SC judgment in Tata caseThe petition challenges certain alleged errors in the judgment, which had set aside the order of the National Company Law Appellate Tribuna...
Sebi has rights to regulate auditors for activities under its regulations: Corporate Affairs SecretaryThe proposed changes to the Sebi (Fiduciaries in the Securities Market) Regulations are likely to be discussed at the regulator's board mee...
Sebi to discuss stricter norms for fiduciariesThe proposal is likely to be taken up at Sebi’s board meeting next week, the official said.
Did IGate's Board wrong its shareholders? Law firms are examiningFive US-based law firms are investigating charges of whether IGate Board of Directors failed to maximise gains of shareholders.
Law firms look into alleged fiduciary duty violations by IGateThese law firms are reaching out to shareholders and investors of IGate to join their investigation to ascertain if the company's Board vio...
- Corporate lawyers, CAs hit out at Satyam's independent directors for quitting
Resignation of four independent directors from the Board of Satyam Computers came in for criticism today from corporate lawyers, company se...