Author Archive for: vishesh
Entries by Vinod Kothari Consultants
Anticipated boost in liquidity position of NBFCs and HFCs
By Vineet Ojha (vineet@vinodkothari.com)
EXCEPTION TO CONSOLIDATION: GUIDE TO THE MEANING OF SEVERE AND LONG-TERM RESTRICTIONS
By Beni Agarwal (beni@vinodkothari.com) Introduction For the group enterprises, as the Companies Act provides, there is a requirement to prepare and present Consolidated Financial Statements. However there are a certain number of conditions which if satisfied may exclude a subsidiary from consolidation for preparation of consolidated financial statements. This article talks about one such restriction […]
LIQUIDATION PROCESS (SECOND AMENDMENT) REGULATIONS
– Richa Saraf and Devisha Dhanuka (resolution@vinodkothari.com) Pursuant to Notification No. IBBI/2017-18/GN/REG028, dated 27.03.2018, the very first amendment was brought into Regulation 32 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 w.e.f. 01.04.2018 to permit sale of the corporate debtor as a going concern. The insertion, as aforementioned, was brought in […]
RBI’s Interoperability guidelines for PPIs- A move to promote Digitalization
By Simran Jalan (simran@vinodkothari.com) Introduction Interoperability is the ability of customers to use a set of payment instruments seamlessly with other users within the segment. It enables a payment system to be used in conjunction with other payment systems. It allows Prepaid Payment Instruments (PPI) issuers and other service providers to undertake, clear and settle […]