Clipped from: https://economictimes.indiatimes.com/news/how-to/struggling-with-debt-here-is-how-individual-insolvency-works-in-india/articleshow/91745660.cms Synopsis The pandemic has made several people prone to debt traps with revolving credit card bills and easy personal loans taken from fintech
Category: IBC-SEBI
*****A case of regulatory overload – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/a-case-of-regulatory-overload/article65454133.ece SEBI’s new related-party transaction rules will bring myriad challenges for listed entities A tough law has been made tougher. The recently amended SEBI’s
*****Confusing Sebi rules | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/confusing-sebi-rules-122052200925_1.html Any buy/sell advice, including a model portfolio, should be the domain of research analysts while holistic financial planning and asset allocation should be
SC allows banks to directly initiate insolvency proceedings against personal guarantors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/sc-allows-banks-to-directly-initiate-insolvency-proceedings-against-personal-guarantors/article65404775.ece Apex court dismisses appeal against NCLAT order; refuses to interfere with NCLAT ruling Financial creditors, especially banks, will now get a new preferred
*****Regulating from the front | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/regulating-from-the-front-122051001642_1.html Focus on deterrence against front-running The market regulator, the Securities and Exchange Board of India (Sebi), has investigated various instances of front-running over
*****Sebi mulls launch of confidential IPO filings to address privacy concerns | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-mulls-launch-of-confidential-ipo-filings-to-address-privacy-concerns-122051101324_1.html Industry players said the concept, if implemented, would give a fillip to the domestic capital markets, ease the process and encourage more companies
*****Losing from the front – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/losing-from-the-front/article65411357.ece Front-running is a cancer that erodes faith in the market and therefore needs stronger punishment It is disturbing that allegations of front-running should
*****SEBI tweaks peak margin norms to ease difficulties – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/sebi-tweaks-peak-margin-norms-to-ease-difficulties/article65401967.ece Brokers can now consider beginning-of-day rates for margin calculation After stock brokers complained that it was impossible to comply with the new structure
Sebi issues norms to calculate margin requirements for intra-day snapshots | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-issues-norms-to-calculate-margin-requirements-for-intra-day-snapshots-122051001780_1.html Sebi clarified that the change is only for the purpose of verification of upfront collection of margins from clients Photo: Shutterstock Capital markets regulator Sebi on Tuesday
*****Regulating from the front | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/regulating-from-the-front-122051001642_1.html Focus on deterrence against front-running The market regulator, the Securities and Exchange Board of India (Sebi), has investigated various instances of front-running over
*Sebi scanner on more front-running ops by domestic fund managers | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-scanner-on-more-front-running-ops-by-domestic-fund-managers-122050900008_1.html Functioning of dealers at MFs & brokers may undergo greater scrutiny in coming weeks Sources said top Sebi officials quizzed some MF industry
IBBI cancels registration of IP, suspends another for one year – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/ibbi-cancels-registration-of-ip-suspends-another-for-one-year/article65394183.ece | Photo Credit: designer491 Disciplinary action in separate cases for various violations of IBC Insolvency regulator IBBI’s Disciplinary Committee has cancelled the registration
Edelweiss ARC to file insolvency plea against Marriott’s property in Bengaluru – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/edelweiss-arc-to-file-insolvency-plea-against-marriotts-property-in-bengaluru/article65394640.ece Marriott International The ARC is likely to move NCLT this month over unpaid dues of nearly ₹1,000 crore Edelweiss ARC is set to
*Banks feel the heat of slower recovery under IBC process – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/slowdown-in-insolvency-proceedings-reduced-corporate-appetite-for-distressed-assets-hurt-banks-recoveries-in-ibc/article65394082.ece Financial creditors’ realisation hit a record low of 10.2% in Q4 against 13.4% in Q3 and 49.2% in Q2 Financial creditors are clearly
*Go beyond the rulebook, follow the money | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/go-beyond-the-rulebook-follow-the-money-122050800949_1.html The track record of Sebi and the Securities Appellate Tribunal makes it appear that their effort is to help and not hurt the
*****Shifting Narratives: Supreme Court weighs down on Sebi’s burden on insider trading | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/shifting-narratives-supreme-court-weighs-down-on-sebis-burden-on-insider-trading/2511882/ The apex court’s decision in the PC Jeweller case limits the scope of application of circumstantial evidence without corroboration As per Sebi, the
*****Liquidation process regulations: IBBI clears the air on retrospective applicability of certain 2019 changes – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/liquidation-process-regulations-ibbi-clears-the-air-on-retrospective-applicability-of-certain-2019-changes/article65370392.ece Norm on contribution to liquidation costs by financial creditors to apply only for liquidation processes that commenced post July 25, 2019 Insolvency regulator
*Retail investors put over Rs 2,000 cr in bankrupt firms, hoping for revival | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/retail-investors-put-over-rs-2-000-cr-in-bankrupt-firms-hoping-for-revival-122050201021_1.html Smaller companies popular for bets, keeping retail investors belief there is a possibility of bigger gains from a smaller base. Illustration: Binay Sinha
*****When IBC does not override other laws – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/when-ibc-does-not-override-other-laws/article65363124.ece Man holds Insolvency and bankruptcy code IBC. | Photo Credit: designer491 Section 238 of the Insolvency and Bankruptcy Code, which says that the
*Resolution primary objective of IBC; but recovery important too: SBI MD | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/resolution-primary-objective-of-ibc-but-recovery-important-too-sbi-md-122050100491_1.html Financial and operational creditors owe money to companies facing insolvency proceedings and so recovery has to be an important factor while achieving resolution