Entries by mahakagarwal

IRDAI notifies CG Regulations, 2024

Mahak Agarwal | corplaw@vinodkothari.com Introduction The Guidelines for Corporate Governance (‘2016 Guidelines’) for insurers in India have been around for close to a decade now. These Guidelines were initially brought as an update to the then 2009 Guidelines for the purpose of aligning the same with the extensive changes to the governance of companies brought […]

The iSAFE option to start up funding: Legality and taxation

Mahak Agarwal | corplaw@vinodkothari.com Navigating the world of fundraising for startups is no easy feat. This becomes all the more challenging for a pre-revenue start-up which cannot have a valuation. Amongst the several fundraising options available to a start-up, one of the budding and lesser-known sources happens to be iSAFE. Origin iSAFE, short for, India […]

The big buzz on small business payment delays

Mahak Agarwal | corplaw@vinodkothari.com The Micro, Small and Medium Enterprises Development Act, 2006 (‘MSME Act’) has been around for close to 2 decades now, providing for  penal interest for delayed payments to MSMEs; yet, it is only of late that there has been buzz around this. Why? This attributes to clause (h) of Section 43B of […]

What’s new under the IRDAI’s Exposure Draft on Expenses of Management Regulations?

-Mahak Agarwal, Executive (corplaw@vinodkothari.com) On 14th November, 2023, the IRDAI released an Exposure Draft EOM Regulations, 2023 (‘Exposure Draft’) which proposes to repeal the following regulations: The Exposure Draft is seemingly a consolidation of the aforesaid regulations with a few modifications. Further, most of these so-called modifications are essentially in the nature of rephrasing certain […]

Gender Diversity in the Boardroom

-Mahak Agarwal | corplaw@vinodkothari.com Diversity in the Boardroom, specifically gender diversity is in the limelight owing to the general awareness for breaking gender stereotypes and adopting a gender neutral board structure. While the Companies Act, 2013 and SEBI LODR Regulations have already taken their first steps towards implementing the same, considering the progress in global […]