Entries by Staff

FAQs on Transfer of Loan Exposure

The RBI has consolidated the guidelines with respect to transfer of standard assets as well as stressed assets by regulated financial entities under a common regulation named Reserve Bank of India (Transfer of Loan Exposures) Directions, 2021 (“Directions”). The Directions divided into five operative chapters- the first one specifying the scope and definitions, the second […]

Indian Securitisation Awards, 2021

As the securitization market in India is on an upswing, it is time to recognize performance, innovation and service. Awards are not merely a sense of accomplishment – awards are to encourage players to move to better services and consistent performance. The awards will be given by the Indian Securitisation Foundation at the 9 th […]

Revised formats for limited review/ audit report for entities with listed NCS

corplaw@vinodkothari.com Our resources can be accessed through below links: FAQs on recent amendments under the Listing Regulations – https://vinodkothari.com/2021/08/faqs-recent-amendments-listing-regulations/ Articles on fifth amendment regulations: Corporate Governance requirements applicable to ‘High Value’ Debt listed entities – https://vinodkothari.com/2021/09/high-value-debt-listed-entities-under-full-scale-corporate-governance-requirements/ Debt listed entities under new requirement of quarterly financial results – https://vinodkothari.com/2021/09/debt-listed-entities-under-new-requirement-of-quarterly-financial-results/ Links to SEBI circulars and amendments: Revised formats for limited review/audit report […]

FAQs on Securitisation of Standard Assets

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 […]

Disclosure in financial statements: Relationship with struck off companies

– 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 […]

Managing significant transactions & arrangements with subsidiaries

– 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 […]