Liberty Shoes removes Executive Director Adesh Kr Gupta after NCLT sets aside his plea – ET Retail

Adesh Kumar Gupta, Liberty Group Liberty Shoes has removed its Executive Director Adesh Kumar Gupta from the board after the National Company Law Tribunal (NCLT) dismissed his petition seeking exemption on requirements to file a plea, according to a regulatory filing. Gupta, who along with some other shareholders holds 5.83 per cent of the company,…

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If the shoe fits: Family, business and how the Liberty Group is working on its succession planning – ET Retail

With multiple stakeholders in the family business, succession planning is not only important to pass on the group wealth to the next generation but also to avoid bitter disputes. Yet only 19% of Indian businesses have conflict resolution mechanisms in place, according to a family business survey by PricewaterhouseCoopers (PwC) India in 2023. Just 34%…

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