Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
Articles by Devvrat Periwal
Strategies For Extracting Wealth From A Family Business: Balancing Interests And Ensuring Sustainability
Family-owned businesses often face unique challenges when it comes to wealth extraction. Unlike traditional businesses where shareholders may not share personal ties, family enterprises involve owners across generations, each with differing financial needs, levels of involvement and perspectives. Striking a balance between the interests of active and non-active family members, while ensuring the sustainability of the business, is no small feat.
Managing Conflict In Family Businesses: Preserving Relationships And Ensuring Success
Family businesses are inherently complex, as they operate at the intersection of personal relationships and professional responsibilities. This unique dynamic often creates fertile ground for conflicts to arise, driven by differing values, goals, roles, expectations and communication styles among family members. If left unresolved, these conflicts can jeopardise business performance and continuity as well as the familial bonds that sustain it.
Navigating Fairness And Sustainability: Remuneration Strategies For Family-Owned Businesses
One of the most complex and sensitive issues family enterprises face is the remuneration of family members. Ensuring that compensation is fair and effective requires a nuanced approach that balances familial aspirations with the financial and operational sustainability of the business. Remuneration in a family business is not just a matter of paying a salary; it reflects the values and goals of the family and the enterprise.
Strengthening Corporate Governance In Family Businesses: Principles For Long-Term Success
Corporate governance is especially important for family businesses, which navigate unique challenges arising from their intertwined ownership structures and family dynamics. Effective corporate governance enables family businesses to balance these complexities, fostering stability, growth and harmony. We set out some salient themes to consider.
Unlocking The Family: Building Bridges For Business And Legacy
There are a host of critical issues which we generally reflect on when commencing a discussion with a family.
Foundations For The Future: Navigating Success In Family-Owned Businesses
We have, over many years, been advising family-owned businesses on estate and succession planning, the inter-generational movement of wealth, governance and a host of other pertinent issues including, family business remuneration challenges. It has been and continues to be an intriguing journey for us, having to consider cultural and religious sensitivities, highly driven patriarchs, entitlement culture, generational differences in terms of vision and priorities and lack of family cohesion.
Amendments To Trust Legislation In Kenya And UAE
On 24 April 2024 the Trustees Perpetual Succession Act Cap 164 (the TPSA), which governs the procedure for incorporation of trustees into a corporate body and maintenance of a register of trusts in Kenya, was amended. Previously, the TPSA provided for incorporation of trustees and maintaining a register of trusts to be under the mandate of the Principal Registrar appointed under the Registration of Documents Act, Cap 285.
FAQs On New UAE Labour Law
United Arab Emirates: FAQs On New UAE Labour Law 02 March 2022 by Adil Shafi and Devvrat Periwal Anjarwalla & Khanna To print this article, all you need is to be registered or login on Mondaq.com. The United Arab Emirates (UAE) recently published its new Federal Labour Law No. 33 of 2021 on Regulation of Labour Relations (New Labour Law) which replaces Federal Law No. 8 of 1980 on Employment Relationships (Old Labour Law).
COVID-19: Some Lessons Learnt For Hotel Owners
Mondaq Ltd requires you to register and provide information that personally identifies you, including your content preferences, for three primary purposes (full details of Mondaq’s use of your personal data can be found in our Privacy and Cookies Notice): Mondaq hopes that our registered users will support us in maintaining our free to view business model by consenting to our use of your personal data as described below. Mondaq has a "free to view" business model.
Charging interest in the UAE | Lexology
The right to charge interest, whether simple or compound, has always been an area of uncertainty for contracting parties in the United Arab Emirates (“UAE”).
Structuring foreign investments using UAE holding companies | Lexology
A common dilemma facing international businesses is deciding on the jursdiction to establish a holding company to hold its foreign investments.
Show More
loading
Actions
Is this you?
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Get in touch with Devvrat
Contact Devvrat, search articles and posts on X, monitor coverage, and track replies from one place.
Learn more about Muck Rack