Entries by Staff

Angel Funds 2.0: Navigating the New Regulatory Landscape

Payal Agarwal, Partner & Jayesh Rudra, Executive | corplaw@vinodkothari.com  The 2025 Amendments to the AIF Regulations has brought substantive changes to the regulatory landscape for angel funds, moving the same as a category of Cat I Funds, as against a sub-category of Venture Capital Funds. However, regulatory oversight strictens, with the access exclusively limited to […]

Rules of Restraint: RBI proposes revised norms on Related Party Lending and Contracting

– Team Finserv, finserv@vinodkothari.com In its current hectic phase of revamping regulations, the RBI has issued Draft Directions for lending and contracting with related parties. Separate sets have been issued for commercial banks, other banks, NBFCs and financial institutions.  The definition of “related party” is more rationalised and improvised over the existing definitions in Companies […]

Closing in on Implementation of IFRS for banks: RBI proposes expected loss write down for banks

Qasim Saif, Vice President | finserv@vinodkothari.com This was being deferred for quite some time, but now it is time to move to expected credit loss provisioning. In a spate of regulatory proposals on 1st October, as a part of Statement on Developmental and Regulatory Policies, the RBI has proposed to come with proposed implementation of […]

Kabhi Naa, Kabhi Haan: Key Takeaways from the SC’s verdict in Bhushan Steel

– Sikha Bansal, Senior Partner | resolution@vinodkothari.com The proceedings in Bhushan Steel now take a U-turn, as the SC ruling has upheld the resolution plan of SRA. Earlier, the SC had ordered liquidation of the CD.  Here is a quick round up of important takeaways from the verdict: Ruling available here: https://api.sci.gov.in/supremecourt/2020/7358/7358_2020_1_1501_64744_Judgement_26-Sep-2025.pdf Read more: Done, […]

Legal issues in factoring business in India

Originally by Nidhi Bothra (2011) | Updated by Simrat Singh | finserv@vinodkothari.com  Credit Factoring or simply factoring is an asset backed means of financing (tripartite agreement between the buyer, seller and the factor), whereby the account receivables are assigned to a third party called factor for a discount, releasing the tied-up capital and providing financial […]