Author Archive for: vishesh
Entries by Vinod Kothari Consultants
Recent Developments in Corporate Laws
In its stride to achieve transparency, good governance, and ease of doing business, the Government has time and again introduced amendments, proposed new ideas in the corporate laws. The very recent example of such changes are (a) Changes in RPTs proposed in LODR; (b) Minority Squeeze outs under Companies Act; and (c) introduction of Winding-up […]
Comparative Analysis of provisions enabling majority shareholders to squeeze out minorities
Harshil Matalia, Executive, Vinod Kothari & Company corplaw@vinodkothari.com Introduction Squeezing out minority shareholders has gradually become an area of intense interest and scrutiny. With the recent set of notifications, Ministry of Corporate Affairs (MCA) has opened yet another way of squeezing out minority shareholders. The MCA has recently notified[1] sub section (11) and (12) of […]
An all-embracing guide to identity verification through CKYCR
-Kanakprabha Jethani | Executive (kanak@vinodkothari.com) Updated as on January 19, 2022 Introduction Central KYC Registry (CKYCR) is the central repository of KYC information of customers. This registry is a one stop collection of the information of customers whose KYC verification is done once. The Master Direction – Know Your Customer (KYC) Direction, 2016 (KYC Directions)[1] […]
NBFC Account Aggregator – Consent Gateways
Timothy Lopes, Executive, Vinod Kothari Consultants Pvt. Ltd. finserv@vinodkothari.com The NBFC Account Aggregator (NBFC-AA) Framework was introduced back in 2016 by RBI[1]. However the concept of Account Aggregators did exist prior to 2016 as well. Prior to NBFC-AA framework several Account Aggregators (such as Perfios and Yodlee) undertook similar business of consolidating financial data and […]
Limits of the Limitation Law and IBC
-Megha Mittal (resolution@vinodkothari.com) The law of limitation revolves around the basic concept of fixing or prescribing the time period for barring legal actions beyond that period. A concept widely acknowledged, in India, the law of limitation is governed by the Limitation Act, 1963[1]. As stated in its preamble, the Limitation Act, 1963 (“Act”) is an […]