Author Archive for: vishesh
Entries by Vinod Kothari Consultants
Valuation approaches and methods
Approach Method Description Application Cost/ Asset based approach Replacement cost method This method is based on the concept of replacement i.e. Similar Utility. It considers the cost involved in replacing the assets of the Company at the same level on the date of valuation as the value of the Business of the Company. It […]
Sec 29A in the Post-COVID World- To stay or not to stay
-Megha Mittal (resolution@vinodkothari.com) If the Insolvency and Bankruptcy Code, 2016 (‘Code’) is the car driving the ailing companies on road to revival, resolution plans are the wheels- Essentially designed to explore revival opportunities for an ailing entity, the Code invites potential resolution applicants to come forward and submit resolution plans. Generally perceived as an alluring […]
Stop crazy lending, lazy lending, write Rajan and Acharya
– Vinod Kothari vinod@vinodkothari.com Raghuram Rajan and Viral Acharya, both having got the first-hand experience of holding the reins at the RBI, have prescribed several urgent measures to restore the health of the banking system. Neither do we have the fiscal space to support the banking system with fresh doses of capital, nor can we […]
ARCs and Insolvency Resolution Plans – The Enigma of Equity vs Debt
– By Sikha Bansal (resolution@vinodkothari.com) This article has also been published in IndiaCorpLaw Blog, the same can be viewed here A regulatory framework for asset reconstruction companies (ARCs) was introduced in India through the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act). This intended to put in place […]
Contra trade restrictions on promoter group
corplaw@vinodkothari.com Link to Informal Guidance by SEBI – https://www.sebi.gov.in/sebi_data/commondocs/sep-2020/SEBI%20let%20Raghav%20IG_p.pdf
RBI refines the role of the Compliance-Man of a Bank
Notifies new provisions relating to Compliance Functions in Banks and lays down Role of CCO. By: Shaivi Bhamaria | Associate Aanchal Kaur Nagpal | Executive Introduction The recent debacles in banking/shadow banking sector have led to regulatory concerns, which are reflected in recent moves of the RBI. While development of a robust “compliance culture” has always […]
Liability Acknowledgment & Limitation Period for IBC Applications
This article has also been published in the LawStreetIndia blog – http://www.lawstreetindia.com/experts/column?sid=466 Liability Acknowledgment & Limitation Period for IBC Applications – Deciphering the Enigma -Sikha Bansal (resolution@vinodkothari.com) The applicability of the Limitation Act, 1963 (Limitation Act) to the applications under the Insolvency and Bankruptcy Code, 2016 (Code) has been settled long back, after a series of […]