Pammy Jaiswal Partner, Vinod Kothari and Company corplaw@vinodkothari.com The listed entities are burdened with the compliance requirements under numerous regulations issued by SEBI including the SEBI (Prohibition of Insider Trading) Regulations, 2015 (‘PIT Regulations’). The said regulations lay down various to dos for the listed companies as well as the designated persons (‘DP’) for the […]
By Vinod Kothari & Vinita Nair, Partner, Vinod Kothari & Co corplaw@vinodkothari.com Original: July 19, 2019 Version: October 19, 2019 A SEBI proposal by way of a Consultative Paper[1] dated July 18, 2019 to amend Reg. 33 of SEBI (LODR) Regulations, 2015 (Regulations) sought to lay down in the rule book of listed entities […]
By Yutika Lohia (yutika@vinodkothari.com), (finserv@vinodkothari.com) Introduction The Goods & Services Tax (GST) has been the biggest tax reform in India founded on the notion of ‘one nation, one market, one tax’. It has and will further affect the entire economy including core industries such as agriculture, manufacturing, finance, service, infrastructure etc. The tax reform has […]
Pammy Jaiswal Partner, Vinod Kothari and Company Background National Financial Reporting Authority (‘NFRA’) being a quasi-judicial authority has been empowered by the Central Government to independently regulate and monitor the accounting and auditing standards (‘A&AS’). The intent of NFRA is to oversee the quality of A&AS of large entities as mentioned under Rule 3 […]
– CS Megha Mittal (mittal@vinodkothari.com) [This article is intended for academic debate on the law around powers of the Committee of Creditors vis-à-vis the adjudicatory authorities, as it continues to evolve]
Julie Mehta (julie@vinodkothari.com) Introduction Who thought hiring was even an option to enjoy the luxury of having to use a car. But with the world undergoing a paradigm shift, it untapped its energies into providing and establishing better services for its customers, leasing has paved its way into existence. Most of the industries have adopted […]
By Falak Dutta (rajeev@vinodkothari.com) Ruling of Bombay High Court The Bombay High Court on March 27, 2019, in the case of Edelweiss Financial Services v. Percept Finserve Pvt. Ltd.[1], ruled out an award passed by a sole arbitrator with respect to a share purchase agreement (SPA). The High Court allowed enforcing of a put option […]