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“As per the law, if a DFS is purely related to the family and does not mention companies then it may not be applicable legally to listed companies. However, in the spirit of preserving family values and governance an existence of a DFS should be disclosed to shareholders," said  Mita Dixit, co-founder and head of family business advisory at Equations Management. Read More..

“When the current leadership wants to assume a more non-executive role in the companies, they would get rid of debt, have leaner balance sheets, and make clear-cut demarcation of which business verticals would be the focus going forward and who takes them over," said Mita Dixit, co-founder and head of family business advisory at Equations Management. Read More..

“With this verdict ,I see a rise to a family disputes and conflict in many business families as daughters may demand the right to inheritance .A way to handle such disputes would be to professionalism businesses and separate management from ownership, “said Dr Mita Dixit, Director at Equations Advisors, a family business advisory firm. Read More..

“To be sure, internal struggles for power and ownership are the primary triggers for family disputes in India. “As families move out of the larger home, their values get diluted. They stop communicating with each other and only information sharing exists. Even close-knit families disintegrate because of this,” said Mita Dixit, head, research & consultancy Read More..

“When a promoter has a family constitution and family agreement, it always encompasses clauses regarding potential or future disputes within family and how to deal in such situations,” said Mita Dixit, co-founder, Equations Advisors, a family business advisory firm. “Due to such clauses, the dispute gets settled Read More..

“To be sure, internal struggles for power and ownership are the primary triggers for family disputes in India. “As families move out of the larger home, their values get diluted. They stop communicating with each other and only information sharing exists. Even close-knit families disintegrate because of this,” said Mita Dixit, head, research & consultancy Read More..

“Once companies reach a large size, it needs professional leaders. Children are not always competent or interested in taking forward the father's business,” said Mita Dixit, co-founder and head, family business advisory, Equations Management Consulting. “Shareholders are active and want the company to be run in a transparent manner to deliver Read More..

This has helped it grow in all product lines without conflicts, says Raveshia. Today, Doms has managed to capture a market share of 30-35% despite being a late entrant. “Children today are more articulate and we have managed to connect with their choice of products,” he says, which Mita Dixit, Director and family business advisor, Read More..