The hiring momentum in India’s legal market continues, with Veritas Legal, SNG & Partners, DMD Advocates, Lex Consult, ANM Global and AK & Partners welcoming new partners recently.
Boutique transaction advisory law firm Veritas Legal announced the elevation of three partners to equity partnership.
Tushar Raut, Kunal Doshi, and Vineet Nalawalla were inducted into the firm's equity partnership by way of the elevation.
Additionally, Jhinook Roy and Shubhangi Pathak also got inducted into the firm's partnership.
By way of the ..
The issuance of employee stock options (ESOPs) to CEOs, whole-time directors and managing directors of insurers has been expressly recognised since 2016. Now, the Insurance Regulatory and Development Authority of India has issued a circular to clarify the requirement to obtain its prior approval with regard to the exercise of ESOPs. Going forward, insurers are likely to take a more pragmatic approach and consider the logistics of obtaining regulatory approvals (if applicable) with regard to ESOPs.