On September 24, 2021, the RBI released Master Direction – Reserve Bank of India Securitisation of Standard Assets) Directions, 2021. The same has been released after almost 15 months of the comment period on the draft framework issued on June 08, 2020. This culminates the process that started with Dr. Harsh Vardhan committee report in […]
– Himanshu Dubey, Executive | corplaw@vinodkothari.com The financial statements of a company are not merely meant to show the profit or loss and/or assets and liabilities of the company. The notes to such financial statements also disclose various nuances that the shareholders of the company shall be aware of. Such disclosures may vary from material […]
– Decoding Regulation 24 of Listing Regulations By Payal Agarwal and Himanshu Dubey | corplaw@vinodkothari.com Updated as on 27th October, 2021 The seamless flow of information between a holding company and its subsidiaries is imperative for effective governance on the level of a group. Since listed companies in India often function with complex structures having […]
The SEBI Circular dated 5th October, 2021 can be read here The SEBI Circular dated 5th July, 2019 can be read here The SEBI Circular dated 10th August, 2016 can be read here Our article on the same can be accessed here – https://vinodkothari.com/2021/09/debt-listed-entities-under-new-requirement-of-quarterly-financial-results/
Burhanuddin Dohadwala, Senior Manager | corplaw@vinodkothari.com Updated as on: October 06, 2021 SEBI recently notified several amendments that become effective on various dates. In case of equity listed entities, SEBI vide Circular dated May 31, 2021[1] mandated disclosures around loans/ guarantees/comfort letters/ security provided by the listed entity, directly or indirectly to promoter/ promoter […]
Anita Baid | anita@vinodkothari.com Introduction The Reserve Bank of India (RBI) has issued the new guidelines, viz. Master Directions- Reserve Bank of India (Transfer of Loan Exposures) Directions, 2021 and Master Directions- Reserve Bank of India (Securitisation of Standard Assets) Directions, 2021, on September 4, 2021, that replaces and supersedes the existing regulations on securitisation […]
[Sikha Bansal is Partner at Vinod Kothari & Company and can be reached at resolution@vinodkothari.com] This article was first published on IndiaCorpLaw Blog and can be read here IBBI recently came up with IBBI (Liquidation process) (Second Amendment) Regulations, 2021 (‘Amendment Regulations’) making certain important changes in the provisions pertaining to liquidation process under Insolvency […]