Trustees have a fiduciary responsibility to the trust's beneficiary or beneficiaries. This means a trustee must act in the best interests of the beneficiaries to manage their assets. Key Takeaways A trustee is a person or firm that holds and administers property or assets for the benefit of ...
Applicability: Section 135 of the Companies Act 2013 provides the threshold limit for applicability of the CSR to a Company: (a)net worth of the company to be Rs 500 crore or more; or (b) turnover of the company to be Rs 1000 crore or more; or (c) net profit of the company to ...
Chris Parente is the Founder StoryTech Consulting, a business consulting firm that helps B2B and B2G companies tell their own story and promote it directly to their target audiences. His work has appeared in MarketingProfs, E-Commerce News, CommPro.biz and Social Media Today. Today...
Security number (SSN), who must be younger than 17. For married couples filing jointly, the child credit begins to phase out when adjusted gross income (AGI) exceeds $400,000. For the 2025 and 2024 tax years, the refundable portion of the CTC is $1,700. These changes expire in 2025.7...
What is a Third-Party?What's the Difference Between a Third-Party and a Fourth-Party?Why is Third-Party Risk Management Important?What Types of Risks Do Third-Parties Introduce?Why You Should Invest in Third-Party Risk ManagementImplementing a Third-Party Risk Management Program?What is a Vend...
The Sale of Goods Act lays out the variety of ways which acceptance can be deemed to have taken place. A buyer is considered to have accepted goods: When they relay to the seller that they have been accepted once there has been a reasonable opportunity to have examined the goods When good...
While it remains to be seen if the same approach will be taken in the UK – so far all indications are that it will. As a result the Bribery Act is a powerful piece of legislation. The offences The law can be summarised into four key crimes. ...
There remains some confusion over the likely implications of Parliament's use in the Act of the phrase 'a body that trades for profit'. There are several persuasive authorities from areas of law other than defamation suggesting that the courts should interpret the phrase 'a body that trades ...
Social Security Fairness Act: What It Is Consider these jobs that value experienced workers. Rachel HartmanJan. 10, 2025 8 Jobs That Welcome Older Workers Retirement is just around the corner for Gen X. Here’s what they need to know. Maryalene LaPonsieJan. 9, 2025 What Gen X Shoul...
Knowledge is the most important competitive asset companies possess (Grant 1996), which is part of the company’s human capital (Grant 1996). As it is unique, difficult to imitate and hard to transfer, firms’ internal knowledge plays an important role in creating strategic value (Aman-Ullah ...