https://www.thehindubusinessline.com/markets/fpis-raise-liquidity-concerns-on-shift-to-same-day-settlement/article67716054.ece Clipped from: https://www.thehindubusinessline.com/markets/fpis-raise-liquidity-concerns-on-shift-to-same-day-settlement/article67716054.ece Foreign portfolio investors (FPIs) express concerns over T+0 settlement in India, citing potential market fragmentation, while SEBI proposes phased instant settlement Foreign
Category: IBC-SEBI
SEBI asks institutional investors to disclose short-sale transactions upfront – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/sebi-asks-institutional-investors-to-disclose-short-sale-transactions-upfront/article67710845.ece Clipped from: https://www.thehindubusinessline.com/markets/sebi-asks-institutional-investors-to-disclose-short-sale-transactions-upfront/article67710845.ece The move follows the Supreme Court ruling on petitions seeking an investigation into the alleged manipulation of Adani Group stocks The Securities
Naked short-selling not permitted, says SEBI’s new circular – Market News | The Financial Express
https://www.financialexpress.com/market/naked-short-selling-shall-not-be-permitted-sebi-bkg-3356823/ Clipped from: https://www.financialexpress.com/market/naked-short-selling-shall-not-be-permitted-sebi-bkg-3356823/ The SEBI circular further states institutional investors are prohibited from engaging in day trading, meaning they are not allowed to square off
Beware of insolvency risks – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/beware-of-insolvency-risks/article67699389.ece Clipped from: https://www.thehindubusinessline.com/opinion/beware-of-insolvency-risks/article67699389.ece Under IBC, they vary based on investment avenue Seven years have passed since the enactment of the Insolvency and Bankruptcy Code (IBC).
Instant settlement
https://www.business-standard.com/opinion/editorial/instant-settlement-123123100713_1.html Clipped from: https://www.business-standard.com/opinion/editorial/instant-settlement-123123100713_1.html T+0 will increase investor participation Listen to This Article The Securities and Exchange Board of India (Sebi) last week released a consultation
👌NPAs: Amount recovery via debt recovery tribunal falls to 9.2% in FY23
https://www.business-standard.com/finance/news/npas-amount-recovery-via-debt-recovery-tribunal-falls-to-9-2-in-fy23-123123100842_1.html Clipped from: https://www.business-standard.com/finance/news/npas-amount-recovery-via-debt-recovery-tribunal-falls-to-9-2-in-fy23-123123100842_1.html Recoveries via IBC were back to over 40% in FY23 after two lackluster years Listen to This Article 2022-23 saw a sharp
Editorial. Tread cautiously on transitioning the stock market from T+1 to instant settlement system – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/tread-cautiously-on-transitioning-the-stock-market-from-t1-to-instant-settlement-system/article67676564.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/tread-cautiously-on-transitioning-the-stock-market-from-t1-to-instant-settlement-system/article67676564.ece Making instant settlement optional seems complicated The concerns flagged by market experts and participants on the recent plan of the Securities Exchange
MCA planning new portal to streamline IBC cases, boost transparency
https://www.business-standard.com/companies/news/mca-planning-new-portal-to-streamline-ibc-cases-boost-transparency-123122400392_1.html Clipped from: https://www.business-standard.com/companies/news/mca-planning-new-portal-to-streamline-ibc-cases-boost-transparency-123122400392_1.html The IBBI would also be able to keep track of the happenings in the NCLT through this portal Listen to This Article
Lawyers say Byju’s in good health, BCCI’s plea to be heard on Jan 17
https://www.business-standard.com/companies/news/lawyers-say-byju-s-in-good-health-bcci-s-plea-to-be-heard-on-jan-17-123122200843_1.html Clipped from: https://www.business-standard.com/companies/news/lawyers-say-byju-s-in-good-health-bcci-s-plea-to-be-heard-on-jan-17-123122200843_1.html Byju’s gave this response when the NCLT inquired about the company’s current status during the hearing of the insolvency plea filed by
Income Tax Department not a Secured Operational Creditor: NCLAT
Clipped from: https://www.taxscan.in/income-tax-department-not-a-secured-operational-creditor-nclat/354687/ Answering in the negative to whether the Income Tax Department is a secured operational creditor, the Principal Bench of the National Company Law
IRP not a Public Servant: Delhi HC quashes CBI FIR u/s 7 of Prevention of Corruption Act [Read Order]
Clipped from: https://www.taxscan.in/irp-not-a-public-servant-delhi-hc-quashes-cbi-fir-u-s-7-of-prevention-of-corruption-act-read-or/354535/ The Delhi High Court has recently quashed a First Investigation Report (FIR) lodged against and determined that an Insolvency Resolution Professional (IRP) does not fall
Application u/s 7 IBC Cannot Be Initiated Against a Struck-off Company: NCLT
Clipped from: https://www.taxscan.in/application-u-s-7-ibc-cannot-be-initiated-against-a-struck-off-company-nclt/349302/ The NCLT rules that struck off company not liable for action u/s 7 of IBC. The New Delhi Bench of the National Company Law Tribunal
Section 14 of IBC does not create a bar for finalisation of Tax assessment & adjudication proceedings
https://taxguru.in/excise-duty/section-14-ibc-create-bar-finalisation-tax-assessment-adjudication-proceedings.html Clipped from: https://taxguru.in/excise-duty/section-14-ibc-create-bar-finalisation-tax-assessment-adjudication-proceedings.html Platino Classic Motors India Pvt. Ltd. Vs Deputy Commissioner Of Central Tax And Central Excise (Kerala High Court) Introduction: Platino Classic Motors, a