JSA
Indian promoter families are shifting towards private family trusts for succession planning, facing challenges with SEBI’s Takeover Code, which doesn’t recognize in-laws as immediate relatives. This exclusion complicates trust structures, prompting calls for SEBI to update regulations to reflect modern family dynamics and ensure seamless generational transitions.
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Author: Varun Sriram, Partner
Publication: Times of India
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Varun Sriram is a Partner with almost two decades of experience, focusing on M&A, Fund/AIF structures, and Private Client Practice. He advises prominent business houses, promoter families, and HNIs on complex transactions and estate planning, including trusts and FEMA.