Author Archive for: vishesh
Entries by Vinod Kothari Consultants
Credit backed payment instruments
By Vishes Kothari (vishes@vinodkothari.com) Updated by Kumari Kirti | Finserv | July 06, 2022 | finserv@vinodkothari.com With the proliferation of retail lending NBFCs offering a variety of traditional and innovative products, there has been a rise in the number of credit backed card based payment instruments in the market. These instruments are issued in different shapes […]
Enhanced ODI Limits for AIFs and VCFs
By Simran Jalan (corplaw@vinodkothari.com) Background The Securities and Exchange Board of India (SEBI) came out with a circular on July 3, 2018[1] (Circular) to liberalise the regulatory regime surrounding overseas investments by Alternative Investments Funds (AIF) and Venture Capitals Funds (VCF). However, before we delve further into the contents of the notification, let us have […]
IBBI lays down procedure for Resolution Plans -Third set of amendment in IRP-CP Regulations
By Shreya Routh (resolution@vinodkothari.com) “Tough times do not define you, they rather refine you”- is perhaps the quote which the Insolvency and Bankruptcy Code, 2016 seeks to achieve. The Insolvency and Bankruptcy Code, 2016 (“Code”) tries to refine the tough times which the corporate debtor goes though during the corporate insolvency resolution process. With an […]