Entries by Staff

As social stock exchanges seem imminent, auditors get ready with social audit standards

January 20, 2023 /0 Comments/in , , , , /by

ICAI and ICSI issue social audit standards – Sharon Pinto & Kaushal Shah (corplaw@vinodkothari.com) Background As we understand, the concept of Social Stock Exchanges (‘SSEs’) have been brought under the regulatory purview of Securities and Exchange Board of India (‘SEBI’) for listing and raising of capital by Social Enterprises, the details of which can be […]

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

January 19, 2023 /0 Comments/in /by

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

December 30, 2022 /0 Comments/in , , , /by

– 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 […]