November, 2009 – we were small back then. Just trying to open our eyes. Crawling. Struggling to find our feet amidst the plethora of corporate and legal information available at different levels. Need was internal. To educate and keep ourselves abreast on a regular basis since we had little work on hand. We were twiddling our thumbs then, waiting for assignments to come our way. Believing that Knowledge is Power and it is a unique undiminishing Resource that grows when shared, we started sharing it with other stakeholders in our ecosystem.
There was no grand vision. There was no focussed plan. There was no ambition to be the fastest growing or the largest newsletter in terms of reach. The only goal was not to Give Up, not to stop (though we have had some misses) but to Keep Moving Forward, fortnight after fortnight. Not to reach a destination but merely to enjoy the journey. To learn, unlearn & relearn. To put the best foot forward (should I say best words and choicest thoughts ?☺). To strive towards quality. To keep at it, come rain or come shine (as they say proverbially). Feedback or no feedback. Until the realisation dawned that You are what You Do Repeatedly. You can only get better and better. It can never go worse. Never deteriorate. And today we are proud to say we are all of 10 ! 2009 to 2019 – Lexspeak turned Samhita, a collation, a potpourri of regulatory news, due dates, celebrity quotes, inspiring thoughts, funny takes, creative banners (that have never, ever been repeated during the last 10 years across the 225 issues) and my own humble Musings on Life as I see it !
Some of you have been associated since the 1st issue in 2009 while many of you have joined along the way. Some of you have expressed your thoughts and feedback (Readers’ Speak section in sharadasc.com) while some of you have chosen to remain silent. Either ways, we are grateful for your company. Sometimes the feedback has been so touching that it surprises me – the power of thoughts and words and how it can influence and impact. A big thank you for helping us grow and evolve during this 10 year long incredible journey. Hoping to travel along for another decade at least !
This landmark 225th issue contains many regulatory updates from MCA, IBC, GST & IT which are significant in their own way. Notably IBC on the insolvency process for personal guarantors and the labour notification from Government of Karnataka permitting women to work in the ‘graveyard shift’ of 8 pm to 6 am ! Will this help more women to mainstream into employment or drop out due to health and family issues because of night duty ? In the long run is it good for them and the society ? There can be arguments both for and against but today with long working hours and resultant burn outs, late night customer calls and the urge to stay connected 24×7, I am not sure if this is a good move. Having said that, do make out time to read Mr. Vittal Rao’s detailed analysis of certain critical clauses to be included or avoided in Employment Contract, enforcement of the same, difference between Liquidated and Unliquidated Damages. While we started with very few notifications in our very 1st issue of newsletter (erstwhile Lexspeak) on 26th November, 2019, 10 years down the line, the number seems to be growing along with the legislations themselves. Agreed that the economic, financial and corporate landscape has changed dramatically. But did we hear “Minimum Government, Maximum Governance” & “Ease of Doing Business” somewhere, sometime back ? Oh yeah, the latest to this list is “Ease of Living for Corporates” referred to in the Company Law Committee Report, 2019. Interesting phrase. Hope it is Ease of Living for normal citizens first and then for Corporate Citizens !!
For any previous issues of Samhita and the readers feedback, please visit https://sharadasc.com/resource-center/