Jidesh Kumar Warns of Leadership Vacuum in Trusts Without Named Successor in an article on The Hindu Businessline

In a recent article by The Hindu Business Line, Jidesh Kumar, addressed the implications of not having a named successor within trusts.

He stated, “In the absence of a named successor, it could lead to potential delays in decision-making, as well as internal disagreements among trustees. The resulting leadership vacuum may raise concerns about the Trusts’ ability to continue their governance functions efficiently and in a manner consistent with their historical objectives and the legal frameworks governing trusts in India.”

His insights highlight the importance of succession planning to ensure stability and continuity in trust management, particularly in light of significant entities such as the Tata Trusts.

Read full coverage: https://www.thehindubusinessline.com/news/noel-tata-emerges-front-runner-to-take-over-from-ratan/article68741123.ece