Entries by Staff

Discussion on IBC Amendment Bill, 2025

Register here: https://forms.gle/czHgAXfWi8gn6DDX6 Read more: IBC for a makeover: bold and beautiful! Quick highlights of the IBC Amendment Bill, 2025 Done, dented, damaged: The IBC edifice, even before it’s 10 Supreme Court’s Judgment in Bhushan Power and Steel Ltd.: a wake up call for the Resolution Professionals and Committee of Creditors

IBC for a makeover: bold and beautiful! Quick highlights of the IBC Amendment Bill, 2025

– Team Resolution | resolution@vinodkothari.com Far reaching changes, several strategic initiatives, bold moves to overcome impact of jurisprudence that did not seem to serve the policy framework – these few words may just approximately describe the IBC Amendment Bill. The Bill has been put to a Select Committee of the Parliament, and may hopefully come […]

Wholly controlled, but not wholly owned

– Payal Agarwal, Partner and Saloni Khant, Executive | corplaw@vinodkothari.com Do preference shares matter for wholly-owned subsidiary status? Preference shares are a much preferred means of raising funds from third party investors by Indian startups. The reasons for such popularity may be accorded to the priority of payment over the equity shares, thus providing a […]

Done, dented, damaged: The IBC edifice, even before it’s 10

– Sikha Bansal, Senior Partner | resolution@vinodkothari.com What was ushered in as a new era of legal reforms in the country, with keen interest from all over the world, is now a bruised, battered structure, even before it cuts its cake for the 10th time. The BLRC Vision When the Bankruptcy Law Reforms Committee first […]

Bond Credit Enhancement Framework: Competitive, rational, reasonable

The RBI’s framework for partial credit enhancement for bonds has significant improvements over the last 2015 version The RBI has released a new comprehensive framework for non-fund based support, including guarantees, co-acceptances, as well as partial credit enhancement (PCE) for bonds. The guidelines with respect to non-fund based facilities other than PCE are not applicable […]

Listed and Restricted? Additional Compliances and Prohibitions for listing of SDIs by RBI regulated Originators

– Payal Agarwal & Dayita Kanodia (finserv@vinodkothari.com) Securitisation Transactions in India are primarily governed by: Consequently, an RBI regulated originator will be required to adhere to both the SSA Directions as well as the SDI Framework in case it intends to go for listing of the securisation notes.  Here, we have discussed the additional prohinitions […]

Repetitive Overhaul: RPT regime to get softer

– Team Corplaw | corplaw@vinodkothari.com SEBI rolls out Consultation Paper: Materiality threshold for RPTs to be scale-based, Industry Standard to get softer, de minimis exemptions Since 2021, the RPT framework for listed entities has been witnessing repetitive changes, and the current year 2025 has seen SEBI on a regulatory fast track in relation to RPTs.  […]