Entries by Vinod Kothari Consultants

SEBI revisits EBP mechanism for issuance of debt securities

By Vinita Nair and Chahat Jain (corplaw@vinodkothari.com) SEBI vide circular SEBI/HO/DDHS/CIR/P/2018/05 dated January 05, 2018 issued Electronic book mechanism for issuance of debt securities on private placement basis, 2018 (‘Circular, 2018’)[1] has repealed circular No. CIR/IMD/DF1/48/2016 dated April 21, 2016 (‘Circular, 2016’)[2] which mandated usage of electronic book mechanism for issuance of debt securities on private placement […]

Performance of NBFCs in 2016-17

By Mayank Agarwal (finserv@vinodkothari.com) 2016-17 could be summed up as a year of ‘Coming of age’ for Non-Banking Financial Institutions(NBFIs) as they finally fulfilled their potential by displaying a resilient performance against the backdrop of revised regulatory frameworks, widened credit gap due to sluggish performance by banking institutions and providing specialized services to the sector to […]

Stricter guidelines for IPs’ conduct: IBBI releases Circulars

Vallari Dubey resolution@vinodkothari.com In order to ensure that IPs stick to their professional conduct in a fair and justifiable manner and to curb activities such as outsourcing of IPs’ responsibilities, the Insolvency and Bankruptcy Board (‘IBBI’) has issued three circulars, addressed towards the Insolvency Professionals fraternity, dated 3rd January, 2018. We’ve discussed each of them […]