Page 2 - Succession
Shriram regroups for the future with succession plan, business integration
Experts indicate that the succession plan allowing professionals to run the show will also help in this technology drive
 "Shriram regroups for the future with succession plan, business integration")
Can biz family trusts ensure smooth succession? Answer lies with Tolstoy
As business families grow larger with the addition of sons and daughters and sons-in-law and daughters-in-law, they drift away and live in their own separate houses
 "Can biz family trusts ensure smooth succession? Answer lies with Tolstoy")
Are India's super rich ring-fencing their wealth using trusts?
India's super-rich are planning to pass on the reins to the next generation by setting up management trust. Is it to avoid the succession battle or the trust route can better ring-fence their wealth?
 "Are India's super rich ring-fencing their wealth using trusts?")
Board of Management set up to broadbase succession: Shriram Group founder
In a Q&A, R Thyagarajan says the idea was to vest Group's ownership with a few key executives, not one individual; talks about upcoming restructuring of group firms and his mentorship role
 "Board of Management set up to broadbase succession: Shriram Group founder")
The succession question
Management trusts have their drawbacks
 "The succession question")
Ensure smooth transfer of assets
To ensure that the nominee becomes the account's beneficial owner in the absence of a Will would require laws to be changed
 "Ensure smooth transfer of assets")
What happens to investments when the holder dies without nominating anyone?
Your family could face difficulties as getting a succession certificate from the court is easier said than done
 "What happens to investments when the holder dies without nominating anyone?")
Succession planning: Will easy to make, but Trust more robust, say experts
UHNIs should make succession planning top priority
 "Succession planning: Will easy to make, but Trust more robust, say experts")
Murugappa family votes to keep Valli Arunachalam out of holding co board
Arunachalam has been battling to be recognised as her father's successor on the board
 "Murugappa family votes to keep Valli Arunachalam out of holding co board")
A deep dive into the SC ruling on daughter's right to ancestral property
Even in families dissolve the HUF, they may still have to give the daughter her rightful share, say experts
 "A deep dive into the SC ruling on daughter's right to ancestral property")
Successions, values and loyalties
Most organisations have identified career development paths for their star performers.
Success eludes businesses in succession
Business Standard looks at some large corporate groups and how they handled their successions
