Entries by Staff

Share-hawkers of digital era: Legality of platforms offering unlisted shares

December 10, 2024 /0 Comments/in , , , /by

– SEBI cautions investors from transacting in securities of unlisted public companies on electronic platforms – Burhanuddin Kholiya (corplaw@vinodkothari.com) From rental rooms to cabs to domestic furniture, almost everything is made available using technological aggregators. But the moment one tries to sell securities on public platforms, the chances of potential investors being duped by dream […]

SEBI proposals to ease overheated SME IPO market

November 21, 2024 /0 Comments/in , /by

SEBI proposes amendments in ICDR and LODR Regulations owing to recent concerns around SME listing  – Sakshi Patil, Executive and Sourish Kundu, Executive| corplaw@vinodkothari.com  SME IPOs are constantly increasing at an evergrowing rate, with 31 companies listed on SME in FY 21-22 to a total of 138 companies listed in FY 23-24, and 117 companies […]

Omnibus use vs know-its-use: Is Supply Chain Financing a revolving line of credit?

November 15, 2024 /0 Comments/in , /by

Vinod Kothari and Dayita Kanodia | finserv@vinodkothari.com There have been recent concerns that the RBI is not happy with NBFCs extending revolving credit facilities; there are also some reports to suggest that the supervisor has shown opposition to supply chain funding. This write up delves into what could be the objections of the regulator in […]