Entries by Staff

Two’s cute, three’s a crowd?

Simrat Singh, Executive & Anjali Singh, Executive | corplaw@vinodkothari.com Layer restrictions under Section 186(1) of Companies Act Regulations often attempt to curb opacity in corporate structures, transactions and arrangements. Opacity may quite often be the breeding ground for ulterior designs. Opaque corporate structures may be used for hiding the identity of real owners, or to […]

Upsurge in UPSI list: Deemed UPSI or sensitivity dependant?

Critical Reg. 30 events assimilate into ‘illustrative guidance list’ of UPSI as SEBI strives for EoDB and easier compliance requirement Team Vinod Kothari & Company | corplaw@vinodkothari.com The idea of unpublished price sensitive information (‘UPSI’) is something which companies have to guard as confidential until disclosed to investors, as it may materially impact the stock […]

ROU ready? Quick guide to lease accounting from lessee perspective

Simrat Singh, Executive | finserv@vinodkothari.com There is an age-old distinction between financial leases and operating leases; this arose from accounting standards, and has had a sunset, from the perspective of the lessee, because of a change in accounting standards. Globally, IFRS 16, replacing the earlier standards IAS 17, became effective from 1st January, 2019. Note […]

NBFCs and HFCs get the Ticket to Qualified Buyers Club

-Neha Malu & Dayita Kanodia (finserv@vinodkothari.com) Under the SARFAESI Act, only qualified buyers can invest in security receipts (SRs). The term “Qualified Buyer” has been defined under section 2(1)(u) of the SARFAESI Act, 2002, to mean a financial institution, insurance company, bank, state financial corporation, state industrial development corporation, trustee or an ARC or any […]

Information Explosion for Related Party Transactions: Need of the hour or too much to handle?

– Team Corplaw | corplaw@vinodkothari.com (as per the flow chart below) In view of the significance of the topic, we are collating our comprehensive FAQs on the same. Access the same below. Read More: FAQs on Standards for minimum information to be disclosed for RPT approval Related Party Transactions- Resource Centre LODR Resource Centre Read […]