Author Archive for: Staff
Entries by Staff
Moving towards sustainable finance through sustainable bonds
SLBs awe-inspiring issuers and investors ! Payal Agarwal, Executive (payal@vinodkothari.com) ESG or Environmental, Social and Governance concerns are been on a high focus in recent times. The issues are not only been addressed by the environmentalists, but the corporate world is also becoming more and more attentive towards the ESG concerns and devising various ways […]
An Insolvency Resolution Process sans Claims – A Defunct Process?
Devika Agrawal, Executive (resolution@vinodkothari.com ) Introduction Under the provisions of Insolvency and Bankruptcy Code, 2016 (IBC), the determining criteria for insolvency is a definite default, rather than financial sickness or ‘inability to pay’ . While the latter is certainly suggestive of a larger state of insolvency, where the company may be unable to pay its outstanding […]
RBI eases norms on loans and advances to directors and its related entities
Payal Agarwal, Executive, Vinod Kothari & Company ( payal@vinodkothari.com ) RBI has recently, vide its notification dated 23rd July, 2021 (hereinafter called the “Amendment Notification”), revised the regulatory restrictions on loans and advances given by banks to directors of other banks and the related entities. The Amendment Notification has brought changes under the Master Circular […]
Home Buyers under IBC & Case Studies
Ever since the Jaypee and Amrapali cases, home buyers have been under the scanner. From orders of the Hon’ble Supreme Court to multiple amendments in the Insolvency and Bankruptcy Code, measures have been taken to protect the interest of the home buyers. While earlier, the home buyers were treated as ‘other creditors’, that is, neither […]
A Regulatory Affair: Fair Value Discovery in Preferential Share Issues
Payal Agarwal, Vinod Kothari and Company ( payal@vinodkothari.com ) The recent cases of intervention by the stock market regulator and stock exchanges in preferential allotment of listed companies have brought to fore an important but fundamental point. That is, with a price band fixed under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 […]
Proxy advisors and their role in corporate decision making on questions of law
Sharon Pinto, Manager, corplaw@vinodkothari.com Concept of proxy advisors Proxy advisors are research based entities that formulate recommendations on the decisions of companies which require shareholder approval. SEBI (Research Analysts) Regulations, 2014 (‘SEBI Regulations’), defines proxy advisors “as any person who provides advice, through any means, to institutional investor or shareholder of a company, in relation […]
Workshop on Covered Bonds
Registrations can be made here: https://docs.google.com/forms/d/e/1FAIpQLScR1WNKaoKyQIQxRKgZShcoLHHM9VprFX4FYswqGgGMfTzQNA/viewform
Global securitization enroute to pre-Covid heights
– Abhirup Ghosh (abhirup@vinodkothari.com) The pandemic disrupted life economies across the globe, and so did it to securitization transactions. However, increase in vaccinations across the globe has had a positive impact on the most of the structured finance markets world-wide, but potential new variants continue to be a threat. This write-up reviews the performance of […]