-SEBI’s new circular provides further ease of access of information Payal Agarwal, Executive | Vinod Kothari and Company ( corplaw@vinodkothari.com ) Introduction SEBI, the capital market regulator in India, has brought a series of amendments in the month of May, 2021 amending all the major regulations applicable to the entities under its regulatory ambit. The […]
SEBI’s move to strengthen transparency Pammy Jaiswal| Partner| Vinod Kothari and Company corplaw@vinodkothari.com Background It has always been interesting to see how SEBI takes various steps to increase the level of transparency for augmenting the level of corporate governance in a listed company. Recently, SEBI notified the changes under the SEBI Listing Regulations on 6th […]
Proposes shift from ‘promoter’ to ‘persons in control’ Ajay Kumar K V | Manager (corplaw@vinodkothari.com) Introduction The capital market watchdog, Securities and Exchange Board of India (‘SEBI’) has come out with a consultation paper on changing the concept of company ‘promoters’, and moving towards the idea of ‘person in control’. The proposal has come in […]
-Yutika Lohia ( finserv@vinodkothari.com ) Introduction The income tax laws of the country has been witnessing dynamic changes over the years. The tax authorities are understanding the bottlenecks within their current tax system and proposing changes to mobilize revenue, promote investments and also to cope up with the present gaps. On the other hand, with such […]
-Megha Mittal (mittal@vinodkothari.com) The Securities and Exchange Board of India (‘SEBI’) has issued a consultation paper dated 19th May, 2021, on proposed framework for Gold Exchange in India and draft SEBI (Vault Managers) Regulations, 2021 (‘Consultation Paper’), thereby seeking public comments on the framework for operationalising gold exchange and the regulation of intermediaries inter-alia Vault […]
-Megha Mittal, Associate and Prachi Bhatia, Legal Intern (resolution@vinodkothari.com) Insolvency laws, globally, have propagated the principle of equitable distribution as the very essence of liquidation/ bankruptcy processes; and while, “equitable distribution” is often colloquially read as “equal distribution” the two terms hold significantly different connotations, more so in liquidation processes – an ‘equitable distribution’ simply means […]