Admin

Mandatory Dematerialisation Of Securities By Private Companies – Shareholders

The time for dematerialisation of physical securities by every private company, which is not a small company1, is fast approaching. The Ministry of Corporate Affairs (“MCA”) on October 27, 2023, notified Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023 (“Prospectus Amendment Rules”) vide notification no. G.S.R. 802(E). The Prospectus Amendment Rules encompass two…

Read More

DOL Increases To Exempt Employee Salary Requirements Will Impact Employers Regardless Of Legal Challenges – Employee Rights/ Labour Relations

On April 23, 2024, the Department of Labor (“DOL”) announced a final rule (the “Rule”) increasing the salary threshold employers must pay to most exempt workers. Given the anticipated litigation over the Rule and the potential that the Rule is struck down, employers may be tempted to ignore this news. However, this approach is blind…

Read More

Alumni Support Causes They Care About, but Most Feel Disconnected From Their Alma Maters

Three-quarters of alumni give to charitable causes or volunteer. RNL recently sponsored a national alumni survey, partnering with fifteen institutions and advisor Howard Heevner on the project. We asked alumni to share feedback about their philanthropic priorities, engagement preferences, and feelings of current connection to their alma mater. What did we learn? With responses from…

Read More