01 Jan 2026


This is a link-enhanced version of an article that first appeared in Moneycontrol
Article Overview:
Legacy planning in India is shifting from a late-stage, family-only exercise to an early, business-critical decision tied to governance, capital raising and control.
Our Partner, Tanmay Patnaik, Private Client, shared his perspective. Here’s what he had to say:
“Business stewardship is reinforced through constitutional documents, shareholders’ agreements, and family constitutions. These formalise governance, voting rights, board composition, and exit mechanisms, enabling professional management to operate within a legally robust framework aligned with the family’s vision and values, ultimately preserving long-term value and continuity.”
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