Vinod Kothari, Director | finserv@vinodkothari.com One of the trust companies defaults; other casualties likely Chinese financial system is opaque and intriguing, for any outside trying to understand it. Regulatory framework is also mostly spasmodic, and given the fact that Chinese regulators do not follow global institutions or their regulations, Chinese institutions have developed along their […]
देख मत मुड़कर परिन्देसामने आकाश का विस्तार हैलोग मापेंगे तुम्हारे फासले जो तय किये हैंहाथ में फीता लिएकिन्तु तुमको फासलों की है नहीं परवाहक्षितिज तक उड़ना तुम्हारी चाहसांस सीने में परों में शक्ति हैअनवरत उड़ना तुम्हारी नियति है, संसार हैदेख मत मुड़कर परिन्देसामने आकाश का विस्तार है
Scope of Clause 5A of Schedule III.A.A, r/w Reg 30A Vinod Kothari, Managing Partner | corplaw@vinodkothari.com The spate of new disclosure requirements introduced by Reg 30 of the Listing Regulations includes one of the most controversial pieces – disclosure of shareholders’ agreements which may impact or are designed to impact the management or control of […]
– Vinod Kothari | corplaw@vinodkothari.com If the intent of CSR provisions coded in the law was to promote socially responsible conduct on the part of companies, that lesson of responsibility is being taught the very hard, indiscriminately harsh way – by imposing penalties of 2X of the amount involved in CSR breaches, even if the […]
Also read our detailed article on – (i) Disclosure of material events under Reg 30 (ii) Insertion of new Reg. 37A
Ruling holds self-help repossession as a breach of the borrower’s fundamental rights of livelihood and dignity – Vinod Kothari, finserv@vinodkothari.com Repossession of vehicles (from two-wheelers to four-wheelers), in case of borrowers’ defaults, has been done almost entirely using common law process, on the strength of the provisions of the hypothecation agreement. The roughly Rs 500000 […]
किसी पेड़ ने उस पंछी को अब तक नहीं उड़ाया हैजिसने शाखें नहीं उजाड़ी केवल फल को खाया है चिड़ी चोंच भर ले जाती है नदी नीर क्या कम होता?प्यास बुझाकर प्यासे की कब कम होता जल का सोताशिशु को दूध पिला कर किस माता की घटती काया है? जब तक सीमाकरण न होगा पर्यावरण […]
-Team Vinod Kothari and Company | resolution@vinodkothari.com
– Vinod Kothari | corplaw@vinodkothari.com Our article on Reg 30 of LODR Regulations can be viewed here
No grandfathering for MLDs, prospectively, tax benefit for debt mutual funds goes away -Vinod Kothari and Aanchal Kaur Nagpal finserv@vinodkothari.com As expected, the Finance Bill, 2023 was passed on March 24, 2023 by Lok Sabha within minutes. With a huge amount of changes including several newly inserted provisions, the so-called amendments were actually a Bill […]