Author Archive for: vishesh
Entries by Vinod Kothari Consultants
Remunerating in a lean year: Statutory amendments for minimum remuneration to independent directors now effective
Payal Agarwal | Executive (payal@vinodkothari.com) Highlights Introduction Independent directors (IDs) are a crucial part of corporate governance structure; however, their remuneration is currently solely by way of sitting fees and a “profit-linked” commission[1]. Profit is something which is completely dependent on business models, a whole matrix of internal and external factors, and something […]
Risk-based Internal Prescription for Audit Function
Qasim Saif | Executive (finserv@vinodkothari.com) Updated as on June 11, 2021 Introduction It is a well-known fact that an independent and effective internal audit function is of special importance to all corporates for mitigation of their risk. And it has increased importance for a financial sector entity as it provides for reasonable assurance to the […]
Fragmented framework for perfection of security interest
Introduction An interesting question of law came up for consideration by way of appeal before National Company Law Appellate Tribunal (NCLAT) in Volkswagen Finance Private Limited v. Shree Balaji Printopack Pvt. Ltd.[1] The brief facts of the case involved a car financing company, which extended a car loan to the corporate debtor. The car financier […]
Conflicting provisions on CSR applicability under CA, 2013 & CSR Rules
CSR Rules require further tailoring to fit CS Ajay Kumar K V | Vinod Kothari and Company Corporate Social Responsibility (‘CSR’) framework in India has always been adaptive to changing times and has witnessed quite an evolution. The basic idea behind the CSR provisions was to promote responsible and sustainable business philosophy at a broad […]
Easing your ascend into Leasing
Our resources on leasing can be viewed here
Vehicle financing: multiple security interest registrations and the impact of non-registration
Our video on the topic by Mr. Vinod Kothari can be viewed here Our video on the topic by Mrs. Sikha Bansal can be viewed here For more articles, visit http://vinodkothari.com/bankruptcy-code/
Introduction to Covered Bonds
Covered Bonds have the potential to disrupt the traditional financing market. This presentation provides a basic understanding of covered bonds. It deals with the concept of covered bonds, the history of origination of the concept, features, and benefits of covered bonds and how they differ from corporate bonds and MBS. Our video on the topic […]