Palak Jaiswani, Manager and Lavanya Tandon, Senior Executive | corplaw@vinodkothari.com Updated as on November 27, 2025 Regulatory reforms to ensure EoDB for Debenture Trustees are being discussed and implemented in phases since January, 2025. SEBI proposed amendments with respect to permissible activities of DTs, the manner of utilisation of Recovery Expense Fund, specified rights of […]
Simrat Singh | Finserv@vinodkothari.com Co-lending is an arrangement where two or more regulated entities (REs) jointly extend credit to a borrower under a pre-agreed Co-Lending Agreement (CLA). The CLA, signed before origination, defines borrower selection criteria, product lines, operational responsibilities, servicing terms and the proportion in which each lender will fund and share the loan. […]
– Payal Agarwal and Saloni Khant | corplaw@vinodkothari.com Designated persons, being insiders with regular privileged information flow, cannot be doing what other investors can do. Several option trades may be devices to skim short term swings in share prices. can designated insiders do these? This interesting question, mostly ignored in Indian corporate practice, is explored […]
ROCs uncovering SBOs through publicly available information – Pammy Jaiswal and Darshan Rao | corplaw@vinodkothari.com Introduction The framework for SBO identification can be traced back to the recommendations of the Financial Action Task Force (FATF), a global watchdog for combating money laundering and terrorist financing. Section 90 of the Companies Act, 2013 (‘Act’) read with […]
– Team Corplaw | corplaw@vinodkothari.com Read more: Widening the Net of Fast-Track Mergers – A Step Towards NCLT Declogging Fast Track Merger- finally on a faster track MCA enabled fast track route for cross border mergers and added additional requirements in IEPF Rules
Aditya Iyer | Written for finserv@vinodkothari.com This present write-up attempts to underscore the importance of platform-neutrality in multi-lending platforms (i.e., digital platforms where a borrower is able to choose from the loan offers made by multiple lenders against a requested product). It assumes relevance because the sincere borrower places their faith in these platforms, and […]
– Team Corplaw | corplaw@vinodkothari.com As a part of the RBI’s recent consolidation exercise, RBI has released Draft Reserve Bank of India (Commercial Banks – Governance) Directions, 2025. This exercise integrates decades of existing circulars into a streamlined framework, enhancing clarity and ease of governance. While primarily a consolidation, the RBI has undertaken extensive clause […]
– Anushka Ganguly, Executive | corplaw@vinodkothari.com BACKGROUND Cross-border merger, specifically outbound merger, may be considered as a means of promoting cross-border investments by India. Outbound mergers involve transfer of the assets and liabilities of an Indian company into an overseas company, thus, leading to the resultant company being an overseas company, albeit, with shareholders of […]
– Darshan Rao, Executive | corplaw@vinodkothari.com 1. Introduction The position of a compliance officer is a reflection of challenges. As much as the individual holding this position enjoys reputation and superintendence, there is a constant expectation from regulatory authorities of ensuring compliance and active enforcement of the law. In the context of PIT regulations, SEBI […]
Pammy Jaiswal, Partner & Lavanya Tandon, Senior Executive | corplaw@vinodkothari.com Preface On October 13, 2025, SEBI vide its Circular has prescribed a set of disclosures required to be placed before the audit committee and shareholders for approval of RPTs, the value of which do not exceed 1% of annual consolidated turnover of the listed entity […]