Entries by Vinod Kothari Consultants

Relatives’ interest affecting the independence criteria of IDs

By Munmi Phukon & Smriti Wadehra (corplaw@vinodkothari.com) Introduction The Ministry, on 7th May, 2018[1], has come out with certain changes in some of the Rules prescribed under the Companies Act, 2013. One of such changes has been made in the Companies (Appointment and Qualification of Directors) Rules, 2014. The amendment is being made under Rule […]

Flexible MBP rules come to life pursuant to Amendment Act, 2017

By Pammy Jaiswal (pammy@vinodkothari.com),(corplaw@vinodkothari.com) Introduction MCA vide its notification dated 7th May, 2018[1] has enforced another set of 28 sections of the Companies (Amendment) Act, 2017 (‘Amendment Act’). The notification has enforced sections primarily dealing with the definition of associate company, doing away with ratification of auditors, charge registration, delay in filing of returns along […]

RBI widens FPI’s avenue in corporate bonds

By Rajeev Jhawar (finserv@vinodkothari.com) In recent times, the Government of India has liberalized the framework for raising External Commercial Borrowings(ECB) by Indian companies [read our article on this topic here]. Another change that we think can do good to India is the relaxation in the regulations for investments by Foreign Portfolio Investments(FPI). The primary regulator […]