Entries by Staff

Regulation 30: Disclosure of Regulatory and similar Actions

July 18, 2023 /0 Comments/in , /by

– Palak Jaiswani | corplaw@vinodkothari.com Apparently with a view to make disclosure more stringent and widen the scope of disclosures, SEBI introduced two new clauses pertaining to regulatory actions, as clause 19 and 20, in Schedule III.A.A, as a part of SEBI (Listing Regulations and Disclosure Requirements) (Second Amendment) Regulations, 2023,  with effect from July […]

SEBI’s standard approach, standardising valuation for AIFs

June 29, 2023 /0 Comments/in /by

Dayita Kanodia | Executive, finserv@vinodkothari.com So far, valuation of securities in terms of an Alternative Investment Fund (‘AIF’) was carried out in accordance with Regulation 23 of the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012 (‘AIF Regulations’). Regulation 23 provided AIFs with flexibility in adoption of valuation techniques or methodology for […]

SEBI prescribes thresholds for determining material events, stringent approval for sale of undertaking and more

June 17, 2023 /0 Comments/in , , , /by

– Sharon Pinto and Shreya Salampuria | corplaw@vinodkothari.com Keeping in view of the significance of the amendments, we are conducting a workshop on the same. Details can be accessed here – https://vinodkothari.com/2023/06/workshop-on-sebi-lodr-2nd-amendment-regulations-2023/ Also read our detailed article on – (i) Disclosure of material events under Reg 30 (ii) Insertion of new Reg. 37A

A comprehensive framework for compromise settlement and technical write offs

June 14, 2023 /2 Comments/in , /by

Dayita Kanodia | Executive finserv@vinodkothari.com The first bad bank loan was, no doubt, made around the time as the opening of the first bank. James Grant[1] Background RBI  released the Framework for Compromise Settlements and Technical Write-offs[2] (Framework) on June 8 2023. This framework, issued exactly four years after the release of the Prudential Framework […]