Court Uncourt Magazine - Volume VII Issue 6

In this issue

For many companies that are operating in competitive markets in the current economic circumstances, a cardinal goal is to preserve
cashflow and maintain profits. These companies still want to retain key employees who will be essential to keep the business running during the downturn, in order to be able to emerge wielding a competitive advantage. These two goals superficially seem to antagonize one another, as one way of preserving cashflow is to decrease employees’ salaries. One way in which companies can seek to achieve both the preservation of cashflow and the retention of motivated employees is through a salary sacrifice arrangement,
where the employee agrees to give up some of their salary in return for a benefit. Equity in the company is a powerful retention tool, and can be offered to employees as the benefit in exchange for a salary sacrifice - “sweat equity”. In a timely fashion, this edition of Court Uncourt opens up a window to avail of this valuable tool, just as it gains traction in India vis-a-vis an amendment issued by the Ministry of Corporate Affairs.
While newspapers are being churned out with each headline more disheartening than the next, STA recognizes the intrinsic value of hope. This commitment to rebuilding and restoration is reflected in this edition’s articles on the promising Abu Dhabi Global Market,
and India’s transparent, capital-friendly Alternative Investment Fund Regulations.
Thank you, and we hope you have an insightful read!

Court Uncourt Magazine Description:

Reading, Writing, Arithmetic and Science have always been core subjects in school curriculum. The legal fraternity especially the law and judicial system however dictate that citizens and residents should always be aware of the local laws. To this effect, the legal maxim 'ignorance of Law is no excuse' is drummed into students from their first civics class. Guided by our core principles, here we deliver you bespoke legal information that you should know. We have always been at the forefront of driving the conversation towards the issues. It is an indubitable conviction that we live in time of information overload and it is Court Uncourt's attempt to look for context and insight into subjects that pique your curiosity.

We are here to lay your curiosity to rest and share our competency and proficiency openly and seamlessly for your safety and knowledge.

We wish you a pleasant and beneficial reading!