– Barsha Dikshit and Neha Malu | resolution@vinodkothari.com The provisions related to the carry forward and set-off of business losses in the context of corporate restructuring have been a critical aspect of corporate taxation. The Budget 2025[1] proposes certain amendments concerning carry forward of losses in cases of amalgamation, pursuant to which mergers shall not […]
– Team Finserv (finserv@vinodkothari.com)
Harshita Malik (finserv@vinodkothari.com) Introduction: While all issuance of debentures are governed by general laws under Companies Act, 2013 and SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021 (for listed debentures), debt issuance (with maturity of more than one year) on a private placement basis, by financial entities are also subject to additional regulatory requirements […]
-Dayita Kanodia (finserv@vinodkothari.com) Despite global macroeconomic challenges, including persistent inflation, securitization volumes and ratings across most structured finance asset classes demonstrated remarkable stability in FY 2024. Strong housing markets bolstered credit performance in sectors like U.S. and Australian RMBS, while European housing markets faced concerns of overvaluation. Overall, the performance of the securitisation market in […]
-Anshika Agarwal (finserv@vinodkothari.com) Core Investment Companies (CIC) and Alternative Investment Funds (AIF) are two very common modes to channelise investments in the Indian market. Both are regulated by different regulators; while CICs are regulated by the RBI, AIFs are regulated by the SEBI. Under their respective regulatory frameworks, both are technically permitted to invest in […]
Refer our related resources: FAQs on Buyback Section 53: Liquidation
– Anshika Agarwal (finserv@vinodkothari.com) The Reserve Bank of India (RBI) has consistently emphasized the significance of robust internal control systems; where gaps are found by the supervisor, it has penalised regulated entities for non-compliance. Recently, the RBI imposed a penalty on an NBFC for outsourcing one of its core management functions, i.e., internal audit to […]
In this edition of Shastrath, we address key concerns and considerations for lenders in light of the Draft DPDP Rules published on January 03, 2025, and discuss steps to take in order to ensure readiness and compliance. Register your interest here: https://docs.google.com/forms/d/e/1FAIpQLSf0uZidJDf8oqK0GfGygo0BmuCKRg9wMo2bXRtwRMIra7Zx5Q/viewform
– Anshika Agarwal (finserv@vinodkothari.com)
Read our other resources: Disclosure in financial statements: Relationship with struck off companies Changes in Auditors’ Report and Financial Statements to reveal camouflaged financial transactions MCA introduces a cartload of additional disclosures in the Financial Statements