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13 search results for: KMP position in a company


Listed company disclosures of impact of the Covid Crisis: Learning from global experience

Munmi Phukon & Ambika Mehrotra Introduction The Securities and Exchange Board of India (SEBI) has issued an Advisory on 20th May, 2020[1] for listed entities  advising them to evaluate the impact of the COVID 19 pandemic on their business and disseminate the same to stock exchanges.


Prosecution of company directors for day-to-day operational issues: SC ruling provides relief

By Dibisha Mishra (; Introduction: While directors are the brain and neural control center of companies, but it is evident that the day to day affairs of  companies are not run by the board of directors , or even the executive directors of companies. Under circumstances can directors be prosecuted, merely because they hold […]


A Guide to Disclosure on COVID-19 related impacts

| SEBI seeks transparency from listed entities in times of COVID crises Shaifali Sharma | Vinod Kothari and Company Introduction The impact of COVID-19 on companies is evolving rapidly not only in India but all over the world. In times of increased volatility and uncertainty in the capital market, detailed information regarding any material […]


RPTs and related exemptions in the context of Government companies

Munmi Phukon and Tanvi Rastogi Introduction Ministry vide its Notification[1] dated 5th June, 2015 issued certain modifications/ exemptions/ exceptions for Government Companies on certain provisions of the Companies Act, 2013. One such exemption was with respect to the provisions pertaining to related party transactions (RPTs). Vide the said Notification, Government Companies were provided relaxation […]


SEBI amends LODR in relation to listing of Security Receipts

By CS Vinita Nair ( Aligns with recent amendment made in SEBI regulations for listing of Securitised Debt Instruments SEBI has notified amendments to LODR Regulations vide SEBI (Listing obligations and Disclosure Requirements) (Fifth Amendment) Regulations, 2018[1] (‘Present Amendment’) dated September 6, 2018 and has aligned the said regulations with the amendments made in SEBI (Public […]


Resolution Professional vis-à-vis Board of Directors: Governance of Insolvent Companies

– By Shikha Bansal ( The Securities and Exchange Board of India (“SEBI”) has issued a “Discussion Paper on Compliance with SEBI Regulations by Listed Entities undergoing Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016”[1] on 28th March, 2018. The Discussion Paper proposes certain modifications in the applicable regulatory framework to facilitate […]


Revised Secretarial Standards- Key Amendments

By Team Vinod Kothari & Company, ( Considering the various changes brought in the Companies Act, 2013, vide barrage of notifications, clarifications and amendments, there was a need to align the current Secretarial Standards viz. Secretarial Standard -1 (‘SS-1’) and Secretarial Standard -2 (‘SS-2’) with the changes in the provisions of the Act brought by […]