Corporate Governance

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Ex-Ante Consent, Ex-Post Risks: The Transparency Challenge of Omnibus Approvals in Related Party Oversight

I. Introduction The SEBI Circular of June 26, 2025, requiring Industry Standards to have minimum information to be disclosed to the Audit Committee and shareholders to authorize related party transactions, has revived the interest in the structure of the shareholder approvals and the responsiveness requirements of that approval. In the modern world, omnibus approvals, i.e., […]

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FC-TRS Form: Does It Need To Be Filed Even On Transfer Of Only Registered Ownership?

In this post, the authors aim to answer the question as to whether a FC-TRS form needs to be filed where a Non Resident Indian (NRI) transfers ‘registered’ ownership of certain shares to a resident Indian, without transferring ‘beneficial’ ownership of those shares.

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Corporate_Purpose

The Corporate Purpose Debate beyond the US

In this post, the author briefly compares the recent edition of the corporate purpose debate in the US, UK and Australia, and argues that rather than creating a big shift to stakeholder centric governance, these developments, at least in the UK and Australia, signify a focus on corporate culture and the relationship of company management with employees.

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