Entries by Staff

NFRA proposes copious financial information disclosures by auditors of large listed companies

An Annual Transparency Report to be published on the websites of the auditors – Burhanuddin Kholiya and Payal Agarwal | corplaw@vinodkothari.com In a major step to ensure transparency of audit and non-audit services, and internal protocols, quality checks, etc being maintained by auditors or large listed entities, the National Financial Reporting Authority (NFRA), vide a […]

Regulatory developments in   Insolvency and bankruptcy law in 2022 – a quick round-up

– Sikha Bansal, Partner & Barsha Dikshit, Partner | resolution@vinodkothari.com IBC, in a very short span of its life, has undergone multifarious amendments. In 2022, there were no amendments in the Code, but almost all regulations were amended.   Majority of the amendments aimed at compressing the timelines. Few other amendments filled the gaps in law […]

SEBI’s revised framework brings relaxation under buy-back norms

– Promotes tender offer while holding back significant corporate slimming proposals – Payal Agarwal, Deputy Manager (payal@vinodkothari.com) Distribution of profits to shareholders may take up various forms, as also discussed in Distribution of accumulated profits to shareholders. One such manner of distribution is “buying back” the existing securities of the company from the shareholders. In […]

SEBI notifies amendments in LODR for NCS entities Scheme of Arrangement | Submission of financial results & line items | Transfer to IPEF for unclaimed NCS amounts by body corporate

Ajay Ramanathan, Executive | Read our related resources : SEBI LODR amendments: Minority say in independent directors, added regulations for debt issuersSEBI rationalizes ID appointment and removal process for first term Re-appointment process to be rationalized post amendment in CA, 2013 SEBI rationalizes ID appointment and removal process for first term Re-appointment process to be […]