I. Introduction The Reserve Bank of India (RBI) on August 27, 2021, issued the Master Directions on Prepaid Payment Instruments[1] (‘Master Directions’) repealing the Master Directions on Issuance and Operation of Prepaid Payment Instruments[2] (‘Erstwhile Master Directions’) with immediate effect. These Master Directions have been issued keeping in mind the recent updates to the Erstwhile […]
Other ‘I am the best’ presentations can be viewed here Our other resources on related topics – https://vinodkothari.com/wp-content/uploads/RBIa%CC%82%C2%80%C2%99s-Guidelines-on-Credit-Default-Swaps-for-Corporate-Bonds.pdf https://vinodkothari.com/2021/02/rbi-issues-draft-directions-on-credit-derivatives/ https://vinodkothari.com/isda_new_definition_credit-derivs_impact/ https://vinodkothari.com/2013/12/secnews-110810/ https://vinodkothari.com/rbi-new-cds-guidelines-feeble-effort-start-non-starting-product/
Aanchal Kaur Nagpal and Parth Ved (corplaw@vinodkothari.com) Introduction More often than not, the term ‘lending activities’ instantaneously brings the ‘Reserve Bank of India’ (‘RBI’) to mind. However, lending business is not the domain of RBI alone. Amidst multiple RBI guidelines governing numerous financial institutions, the state legislations on money-lending have become long forgotten. Money-lending laws […]
-Sikha Bansal [resolution@vinodkothari.com] Below we provide a quick snapshot of the extant provisions of the insolvency framework in India vis-a-vis Minority Shareholders, in light of related laws and judicial developments so as to assess their rights and standing in the current insolvency ecosystem –
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Corplaw Team | corplaw@vinodkothari.com Amendment in Foreign Exchange Management (NDI) Rules, 2019 effective August 19, 2021- https://egazette.nic.in/WriteReadData/2021/229165.pdf DPIIT Press Note on June 14, 2021 amending the FDI Policy for Insurance companies which shall be effective from date of FEMA notification – https://dpiit.gov.in/sites/default/files/pn2-2021.pdf Consequential amendment in Indian Insurance Companies (Foreign Investment) Rules, 2015 are on May 19, 2021 […]
Other ‘I am the best’ presentations can be viewed here Our other resources on related topics – https://vinodkothari.com/wp-content/uploads/2021/03/An-overview-of-SPACs-and-related-concerns-in-India.pdf https://vinodkothari.com/2021/08/spacs-value-proposition-regulatory-framework/ https://vinodkothari.com/2021/08/regulatory-eco-system-for-spacs/
Other ‘I am the best’ presentations can be viewed here Our other resources on related topics – https://vinodkothari.com/2018/11/comprehending-other-comprehensive-income-oci-from-nbfcs-perspective/
Vinod Kothari ( finserv@vinodkothari.com) Sale and leaseback (SLB) transactions are one of the most innovative, and in the past history of lease transactions, one of the most maligned transaction types. All over the world, there have been hundreds of rulings where SLB transactions have been challenged; in many cases, there were upheld and their sanctity […]