– Vinod Kothari, Managing Partner ( corplaw@vinodkothari.com ) In profession as in life, one has the choice of either being a face in the crowd, or be identifiable with distinction. The latter clearly requires the ability to do different things, or common things differently. For company secretaries in practice, while handling compliances and attestations functions […]
– Aanchal Kaur Nagpal, Assistant Manager | Sharon Pinto, Manager | finserv@vinodkothari.com 10th Securitisation Summit, 2022: The tenth edition of the Indian Securitisation Summit will be held on May 27, 2022 at The LaLiT Hotel, Mumbai as well as virtually (through Zoom). This edition will include panel discussions, expert interviews, Chakra-view: Huddling of ideas, Securitisation-samman and much more. Read more here. […]
We have attempted to collate all major regulatory amendments notified throughout the year, with our resources on the same. Below we present a regulatory round-up for the year 2021, be it for MCA, SEBI, RBI or the like, along with the links to our major articles/ FAQs on the same. Our youtube video giving a […]
Vinita Nair and Sikha Bansal Related Party Transactions (RPTs) are perceived as potential tools for unjust enrichment of those in fiduciary capacity. Hence, the stock market regulator has recently revamped RPT norms (most of which are to take effect from 1st April, 2022 though) intending to have a greater scrutiny on RPTs. Among all the […]
SEBI (ICDR)(Amendment) Regulations, 2022 notified! Payal Agarwal, Senior Executive (payal@vinodkothari.com) Last updated – 16th January, 2022 With an attempt to modify the existing preferential issuance norms applicable on listed companies, SEBI in its board meeting (‘ Meeting’) held on 28th December, 2021 approved several recommendations as contained in the Consultation Paper rolled out on 26th […]
– Resolution Team, Vinod Kothari & Company (resolve@vinodkothari.com)
– Anita Baid, anita@vinodkothari.com Recent activity in the Covered Bonds space The Covered Bond issuance have been surging in the Indian market since 2019 FY 2019 witnessed the first instance of covered bonds, which was backed by vehicle loan Issuance of covered bonds witnessed a sharp growth in FY 2021, as the numbers increased to […]
RBI Working Group Report brings major recommendations to the digital lending regulatory framework Team Finserv | finserv@vinodkothari.com Introduction Digital lending does not have a major share yet in the overall financial sector, the graph of the digital lending growth will only move upwards.[1] Time and again RBI has been cautioning the public with respect to […]
SEBI accepts WG proposal for detailed review Ajay Kumar K V | Manager (corplaw@vinodkothari.com) Introduction Related Party Transactions (‘RPTs’) involve conflict of interest and may consist of a potential means to transfer funds under the smoke screen of an unrelated party, however, for the benefit of certain related persons. Taking this fact into cognizance, SEBI […]
Ajay Kumar KV, Manager ( finserv@vinodkothari.com) IPO Financing, as the name suggests, is providing finance for the purpose of subscribing to initial public offers done by companies. In case of IPO Financing, the exposure is based on the borrower, and the securities/ shares, if allotted, are taken as collateral for securing the obligations under the […]