Addressing a seminar in New Delhi in February 2022, then Chief Justice of India N.V. Ramana said there was a need to both increase the number of judges in India, and to fill existing vacancies urgently. Of course, he was speaking from his position as the ultimate insider, but according to our own calculations, India …
In February 2020, the Second National Judicial Pay Commission issued a revised pay proposal for all judicial officers in the lower judiciary, whereby salaries would increase to three times the existing pay scales. As per the pay commission’s report, judges in lower courts will now draw INR 80,000-1 lakh per month, while District Court judges …
How can the likes of HR managers, compliance professionals, and entrepreneurs become Independent Directors (IDs) on the board of a company? What exactly does an ID do? What are the eligibility criteria to become an ID? What is the nature of the self-assessment test that the majority of IDs now need to clear? How difficult …
How many of you have tried to become Independent Directors (IDs) and failed? How many of you discussed this with friends or colleagues and were discouraged? How many of them told you that this was too big a dream, and hence not achievable? Some of you may also say, I wrote the exam and was …
As you may know, any business disruptions or crises have historically been followed by a rise in fraudulent practices and corporate misgovernance. And Covid-19 has been the biggest business disruptor of our times. A recent survey by Deloitte Touche Tohmatsu India LLP in association with the Institute of Directors (IOD) has shown how Independent Directors …
About 15 years ago, India’s corporate sector was put to a severe test. Because in 2009, we saw the unveiling of the biggest scandal in corporate India’s history with the Satyam Computer Services scam. That scam is relevant to this discussion because it resulted in an unprecedented mass exodus of Independent Directors from the boards …
In 1987, Gowthaman Sounderraj was 15 when he lost his father, a reputable engineer with his own firm, who had dreams of his son joining the business. After his death, the family was so impoverished that the young boy struggled to even finish school, working as an office boy during the day and studying a …
You may have heard of Activision Blizzard, Inc. It is an American video game holding company based in Santa Monica, California, and is known worldwide primarily for the game Call of Duty. Since 2015, it has been a member of the S&P 500 Index and the Fortune 500 list of companies. The company made headlines …
One of my seniors at an internship at AZB back in 2009 told me that mergers and acquisitions (M&A) are the “bread-and-butter” for any corporate lawyer. If you are a corporate lawyer, you must know M&A. It is critical for success. If you want to increase your chances of getting recruited by a law firm, …
Have any of you read the book Cold Steel? I feel it should be compulsory reading for any lawyer or law student wanting to make a career in mergers and acquisitions (M&A) and investment law. Why? If the title doesn’t ring a bell, let me give you the tagline: Lakshmi Mittal and the Multi-Billion Dollar …
