Author Archive for: vishesh
Entries by Vinod Kothari Consultants
Factoring Law Amendments backed by Standing Committee
-Megha Mittal [finserv@vinodkothari.com] In the backdrop of the expanding transaction volumes, and with a view to address the still prevalent delays in payments to sellers, especially MSMEs, the Factoring Regulation (Amendment) Bill, 2020 (‘Amendment Bill’) was introduced in September, 2020, so as to create a broader and deeper liquid market for trade receivables. The proposed […]
Online Workshop on New Regulatory Framework For Housing Finance Companies
Our write-up on the topic titled “RBI consolidates directions for Housing Finance Companies” can be viewed here Vinod Kothari Consultants Pvt. Ltd. have published “Indian Housing Finance Report, 2020” click here for more details
MCA eases the requirement for setting up and conversion of an OPC
-Gift from the Union Budget 2021-2022 -Abhishek Saraf |Deputy Manager| (corplaw@vinodkothari.com) Introduction The concept of One Person Company (“OPC”) was discussed for the first time in India in the year 2005 by the JJ Irani Expert Committee[1] which suggested that with increasing use of information technology and computers, emergence of service sector, the entrepreneurial capabilities […]
Ease of doing business: Debt listed companies slide down to unlisted companies
Companies with listed but privately placed debt paper not to be regulated as ‘listed company’. FCS Vinita Nair | Senior Partner, Vinod Kothari & Company With an intent to promote listing of securities and bond market, Ministry of Corporate Affairs (MCA) in consultation with Securities and Exchange Board of India (SEBI), intended to exclude certain […]
LLPs slated for more stringent reforms
Significant provisions of the Act made applicable on LLPs Payal Agarwal| Senior Executive| Vinod Kothari and Company Last updated – 27th June, 2022 Introduction Limited Liability Partnerships (LLPs) being a hybrid form of entity with characteristics of both companies as well as partnerships are governed by the provisions of Limited Liability Partnership Act 2008 (“LLP […]
Extending provisions of the Companies Act, 2013 to Limited Liability Partnerships
Vinod Kothari and Company corplaw@vinodkothari.com As per MCA news and updates certain provisions of Companies Act, 2013 (“CA, 2013”) will now be extended to Limited Liability Partnerships (“LLPs”). Below is a snippet covering list of provisions of CA, 2013 extended to LLPs.
RBI consolidates directions for Housing Finance Companies
– Qasim Saif (finserv@vinodkothari.com) Finance Minister in her speech for the budget 2019-20[1] stated that “Efficient and conducive regulation of the housing sector is extremely important in our context. The National Housing Bank (NHB), besides being the refinancer and lender, is also regulator of the housing finance sector. This gives a somewhat conflicting and […]
Draft Credit Derivatives directions: Will they start a market stuck for 8 years?
Vinod Kothari (vinod@vinodkothari.com) and Abhirup Ghosh (abhirup@vinodkothari.com) Credit derivatives, an instrument that emerged around 1993–94 and then took the market by storm with volumes nearly doubling every half year, to fall off the cliff during the Global Financial Crisis (GFC), have been a widely used instrument for pricing of credit risk of entities, instruments, and countries. […]
Understanding the borderline between implementing agencies and beneficiaries
Sikha Bansal, Partner and Payal Agarwal, Executive corplaw@vinodkothari.com Introduction