https://www.thehindubusinessline.com/news/sebi-looks-to-restrict-finfluencer-ties-with-intermediaries/article67236033.ece Clipped from: https://www.thehindubusinessline.com/news/sebi-looks-to-restrict-finfluencer-ties-with-intermediaries/article67236033.ece Finfluencers registered with SEBI, stock exchanges or AMFI will display their registration number, contact details, investor grievance redressal helpline and make appropriate
Category: IBC-SEBI
SEBI’s proposals on de-listing may aid quicker price discovery – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/sebis-proposals-on-de-listing-may-aid-quicker-price-discovery/article67232113.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sebis-proposals-on-de-listing-may-aid-quicker-price-discovery/article67232113.ece SEBI’s new consultation paper on de-listing has many measures to make life easier for companies seeking to exit the bourses. The most
No role in banks’ selling loans to Edelweiss ARC: GTL Infrastructure
https://www.business-standard.com/companies/news/no-role-in-banks-selling-loans-to-edelweiss-arc-gtl-infrastructure-123082200846_1.html Clipped from: https://www.business-standard.com/companies/news/no-role-in-banks-selling-loans-to-edelweiss-arc-gtl-infrastructure-123082200846_1.html The company continues to operate in normal course of business and does not see any material impact on the operations of the
👍👍👍👍👍👍👍Latest Case Law Related to IBC – April to June 2023
https://taxguru.in/corporate-law/latest-case-law-related-ibc-april-to-june-2023.html Clipped from: https://taxguru.in/corporate-law/latest-case-law-related-ibc-april-to-june-2023.html Supreme Court Orders Sanket Kumar Agarwal & Anr. Vs. APG Logistics Pvt. Ltd. [Civil Appeal No. 748 of 2023] The SC held
Insolvency regulator IBBI Chief pitches for Standardising Valuation – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/insolvency-regulator-ibbi-chief-pitches-for-standardising-valuation/article67216850.ece Clipped from: https://www.thehindubusinessline.com/economy/insolvency-regulator-ibbi-chief-pitches-for-standardising-valuation/article67216850.ece So far government has not prescribed any definite standard under IBC to conduct the valuations A standardised valuation framework is the need
Future Retail resolution in limbo as RP attempts to prise information from former management
https://www.thehindubusinessline.com/companies/future-retail-resolution-in-limbo-as-rp-attempts-to-prise-information-from-former-management/article67190179.ece The resolution process of Future Retail, currently undergoing bankruptcy proceedings, continues to be in limbo with the resolution professional (RP) locked in a battle with the erstwhile
Centre pushes for faster admission of corporate insolvency cases at NCLT
https://www.business-standard.com/economy/news/centre-pushes-for-faster-admission-of-corporate-insolvency-cases-at-nclt-123081300452_1.html Benches of the National Company Law Tribunal (NCLT) should not get into questioning a company’s default once it is established by the creditors, particularly
Only 6 cases admitted under pre-pack insolvency resolution process for MSMEs since 2021
https://www.financialexpress.com/industry/sme/only-6-cases-admitted-under-pre-pack-insolvency-resolution-process-for-msmes-since-2021/3202707/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
SEBI needs to pace its regulatory changes – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/sebi-needs-to-pace-its-regulatory-changes/article67124097.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sebi-needs-to-pace-its-regulatory-changes/article67124097.ece In the six-month period from February, SEBI has floated over three dozen consultation papers seeking to overhaul the ground-rules for market players
Delisting pangs: Sebi has to walk the tightrope on protecting the interests of investors as well as promoters | The Financial Express
https://www.financialexpress.com/opinion/delisting-pangs-sebi-has-to-walk-the-tightrope-on-protecting-the-interests-of-investors-as-well-as-promoters/3186818/ Clipped from: https://www.financialexpress.com/opinion/delisting-pangs-sebi-has-to-walk-the-tightrope-on-protecting-the-interests-of-investors-as-well-as-promoters/3186818/ Investors argued against these proposals, saying the reverse book building (RBB) process that allows discovery of price should not be abandoned, and
👍👍👍👍👍Unsecured lenders’ dues to be prioritised over govt’s: Supreme Court
https://www.business-standard.com/india-news/unsecured-lenders-dues-would-be-prioritised-over-government-dues-sc-123071800764_1.html Clipped from: https://www.business-standard.com/india-news/unsecured-lenders-dues-would-be-prioritised-over-government-dues-sc-123071800764_1.html IBC will override the provisions of the Electricity Act, 2003, says bench Supreme Court Listen to This Article The Supreme Court said
Can’t set aside decision to allot additional shares merely because promoters have also benefited : SC – The Hindu BusinessLine
https://www.thehindubusinessline.com/business-laws/cant-set-aside-decision-to-allot-additional-shares-merely-because-promoters-have-also-benefited-sc/article67033617.ece Clipped from: https://www.thehindubusinessline.com/business-laws/cant-set-aside-decision-to-allot-additional-shares-merely-because-promoters-have-also-benefited-sc/article67033617.ece In the Ambika Food Products Pvt Ltd case, the Supreme Court recently held that the decision of the promoters to allot additional
Adani-Hindenburg row: SEBI rejects SC panel findings on FPI’s beneficial owners – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/stock-markets/adani-hindenburg-row-sebi-rejects-sc-panel-findings-on-fpis-beneficial-owners/article67064693.ece Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/adani-hindenburg-row-sebi-rejects-sc-panel-findings-on-fpis-beneficial-owners/article67064693.ece SEBI said there never was any requirement to disclose the last natural person above every person owning any economic interest in the
Wilful defaulters’ impact on IBC – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/columns/c-p-chandrasekhar/wilful-defaulters-impact-on-ibc/article67064978.ece Clipped from: https://www.thehindubusinessline.com/opinion/columns/c-p-chandrasekhar/wilful-defaulters-impact-on-ibc/article67064978.ece They stripped or ran down assets to a degree where the liquidation value was a fraction of the claims of banks The
Jet Airways’ lenders tell SC they spent ₹470 crore under CIRP with no returns – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/logistics/spent-470-crore-under-cirp-with-no-returns-jet-airways-lenders-tell-sc/article67045957.ece Clipped from: https://www.thehindubusinessline.com/economy/logistics/spent-470-crore-under-cirp-with-no-returns-jet-airways-lenders-tell-sc/article67045957.ece ‘Creditors facing monthly expenses of ₹23 crore at present’ The Committee of Creditors (CoC) of Jet Airways, a grounded airline, informed the Supreme
Doing away with permanent directors, the right step – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/doing-away-with-permanent-directors-the-right-step/article66986886.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/doing-away-with-permanent-directors-the-right-step/article66986886.ece This move will improve corporate governance in listed companies The issue of some companies giving promoters a permanent seat on the Board
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