Family Business

Safeguarding families while keeping their business ambitions at the forefront.

World over, preservation of wealth during inter-generational shifts is a challenge. Despite careful planning, the outcomes of wealth transfer programs are not always satisfactory. The pluralistic nature of India’s society compounds this challenge.

Not surprisingly, more and more High Net Worth Individuals (HNIs or HNWIs) and owners of family-run businesses use estate planning tools such as Trusts to
achieve their objectives around minimizing the incidence of tax. This is achieved by putting in place an interim succession plan using professional managers without the family losing control of the business and carving out separate businesses for different heirs or creating structures for philanthropy and of course, minimizing the risk of litigation and consequent damage to the fabric of the family.

Our legal services pertaining to family businesses encompass all the above and much more. We also work with members to help resolve disputes that may arise (e.g. on issues of business strategy or succession planning).
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  • Winner of Forbes Legal Power List 2021 for Corporate & Commercial Practice.
  • Winner of Top Indian Corporate & Commercial Law Firm in 2019 and 2020 by Indian Business Law Journal.
  • Ranked by Legal 500 for Corporate & Commercial Practice in 2018, 2020 and 2021.
  • Ranked by Asialaw for Corporate Practice in 2020.
  • Ranked by Benchmark Litigation for Commercial and Transactions Practice in 2020.
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The services we render include:
  • Succession planning and transition management
  • Creation of trusts/investment companies for commercial, tax and succession purposes
  • Advise on ownership and management issues
  • Dispute resolution
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Insights

Key Contacts

Shuva Mandal

Managing Partner

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