Author Archive for: vishesh
Entries by Vinod Kothari Consultants
Resolution bids not to be degraded down by Liquidation Value: CIRP and Fast Track Regulations amended to maintain confidentiality
Vallari Dubey resolution@vinodkothari.com The Insolvency and Bankruptcy Board of India (‘IBBI’) has, in exercise of its powers contained in Section 196 read with Section 240 of the Insolvency and Bankruptcy Code, 2016 (‘the Code’), amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (‘CIRP Regulations’)[1] and the […]
COMPARATIVE ANALYSIS OF AMENDMENTS TO INVIT’S AND REIT’S REGULATIONS, 2017
By Saloni Mathur & Kirti Sharma , (finserv@vinodkothari.com) The SEBI in its Board Meeting on 18th September, 2017[1] approved several changes to the regulations issued for REITs. The recent amendments by way of Securities and Exchange board of India (Infrastructure Investment Trusts) (Amendment) Regulations, 2017[2] and the Securities and Exchange board of India (Real Estate Investment […]
Can the liquidator accept a claim after the last date for submission of claims?
Chintan Shah resolution@vinodkothari.com Since the enactment of the Insolvency and Bankruptcy Code, 2016, many apparent loops have emerged in the process of its implementation. As is with every law, the evolution continues. In this write –up, we discuss about one such scenario were a liquidator is puzzled with a question as to what is […]
MCA attempts to realign RPTs with Listing Regulations
By Vinita Nair (corplaw@vinodkothari.com) Companies will have a tough time in complying with ever changing provisions relating to RPTs. In view of several recommendations made in the Company Law Committee report (CLC Report) dated 1st February, 2016, Companies (Amendment) Bill, 2016 (Bill, 2016) was introduced in Lok Sabha on 16th March, 2016[1], 37th Standing Committee […]
SEBI asks companies to strengthen controls on handling of UPSI
by CS Vinita Nair, (corplaw@vinodkothari.com) Preamble SEBI framed SEBI (Prohibition of Insider Trading) Regulations, 2015 (the Regulations) to combat the wrong of trading in securities with the advantage of having asymmetrical access to unpublished information which when published would impact the price of securities in the market. Originally framed in 1993 and thereafter, replaced with […]