Manner of computation of CET-1 for NBFCs prescribed by RBI – Qasim Saif | finserv@vinodkothari.com Addressing risk faced by NBFCs and enhancing their capacity to absorb such risk has been a key point of consideration under the Scale Based Regulations (SBR) for NBFCs. SBR also intends to curb regulatory arbitrage available to very large NBFCs […]
In pursuance of the Scale Based Regulatory Framework -Anita Baid | Vice- President and Aanchal Kaur Nagpal | Assistant Manager The Scale Based Regulatory Framework, introduced by the Reserve Bank of India (‘RBI’), among several other things, proposed to regulate loans extended by NBFCs to their directors, senior officers and relatives thereof. In this regard, […]
CS Sikha Bansal, Partner and CS Aisha Begum Ansari, Manager | corplaw@vinodkothari.com The article has also been published on IndiaCorpLaw – read here Regulatory framework for surveillance of DPs SEBI (Prohibition of Insider Trading) Regulations, 2015 (‘PIT Regs.’), although prohibit trading on the basis of unpublished price sensitive information (UPSI) by any “insider” (which includes […]
– MCA’s move to standardise, streamline and digitize – Payal Agarwal, Senior Executive | Vinod Kothari & Company (payal@vinodkothari.com) The Report of the Company Law Committee – 2022 (“CLC Report”) has proposed various important amendments to the existing Companies Act, 2013 (“the Act”) and some in the Limited Liability Partnership Act, 2008 (“LLP Act”). The […]
– Team Corplaw | corplaw@vinodkothari.com
– Whether, when and how much? Team Corplaw, Vinod Kothari & Company (corplaw@vinodkothari.com) Introduction Regulation of remuneration to managerial personnel (viz., directors, managing director, manager) (“managerial remuneration”) is an important aspect of corporate governance. Sections 197 of the Companies Act, 2013 (“Act”) read with Schedule V impose limits on managerial remuneration. Additionally, Section 197 (12) read […]