Clipped from: https://www.business-standard.com/article/opinion/arc-industry-will-need-to-reinvent-itself-123022600632_1.html The RBI unveiled new regulations in October 2022, which enhanced governance standards and permitted ARCs to act as resolution applicants under the IBC’s
Category: IBC-SEBI
👍A month after Hindenburg report: It’s business as unusual for Adani Group | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/hindenburg-report-one-month-on-little-respite-in-adani-group-selloff-123022400949_1.html?code=NTM4OTU9MTIzMDIyNDAwOTQ5 As on December 2022, retail investors held between 1 per cent and 11 per cent in the 10 Adani group stocks Adani Group stocks
👍👍Short-term pain | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/short-term-pain/2992188/ Sebi’s forensic audit move has upset fund houses, but it might lead to long-term gains by raising the trust quotient The latest move
👍IBC getting more popular for debt resolution even as recovery continues to fall, shows high number of cases | The Financial Express
Clipped from: https://www.financialexpress.com/industry/ibc-getting-more-popular-for-debt-resolution-even-as-recovery-continues-to-fall-shows-high-number-of-cases/2987128/ The numbers admitted for Corporate Insolvency Resolution Process (CIRPs) have continuously increased since the launch of IBC in 2016. On the other hand,
Audio-IBC liquidation cases saw 94% asset value erosion since 2016: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/165-ibc-liquidation-cases-saw-94-asset-value-erosion-since-2016-report-123022000237_1.html It is surprising as the lenders mostly lend loans keeping in mind the margin and the promotor’s contribution Businesses that filed for liquidation
👍Bankruptcy cases rise 25% in Q3; recovery lowest at 23.45%: Care Ratings | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/bankruptcy-cases-rise-25-in-q3-recovery-lowest-at-23-45-care-ratings-123022001306_1.html The number of insolvency cases increased 25% in the December 2022 quarter, while recovery of debt through the process remained the lowest at
🙏🙏🙏🙏🙏 SEBI should make AMCs more accountable – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sebi-should-make-amcs-more-accountable/article66517286.ece SEBI paper reviews the role of trustees to curb lapses SEBI should make AMCs more accountable instead of increasing obligations of MF trustees
SEBI should make AMCs more accountable – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sebi-should-make-amcs-more-accountable/article66517286.ece SEBI paper reviews the role of trustees to curb lapses SEBI should make AMCs more accountable instead of increasing obligations of MF trustees
👍👍👍IBC being gamed by promoters – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/ibc-being-gamed-by-promoters/article66517801.ece They try their best to hinder the Corporate Insolvency Resolution Process and get back their company cheap Delay in the Corporate Insolvency Resolution
👍👍👍Confirming compliance | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/confirming-compliance-123021601313_1.html Forensic audit of fund houses will boost confidence The Securities and Exchange Board of India (Sebi) appears to be gearing up for a
👍👍👍Confirming compliance | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/confirming-compliance-123021601313_1.html Forensic audit of fund houses will boost confidence The Securities and Exchange Board of India (Sebi) appears to be gearing up for a
👍Sebi mandates brokers, depositories to maintain websites | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/sebi-mandates-brokers-depositories-to-maintain-websites-123021601107_1.html A designated website brings in transparency and helps the investors to keep themselves well informed about the various activities of the Stock broker
SEBI should make AMCs more accountable – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sebi-should-make-amcs-more-accountable/article66517286.ece SEBI paper reviews the role of trustees to curb lapses SEBI should make AMCs more accountable instead of increasing obligations of MF trustees
IBC being gamed by promoters – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/ibc-being-gamed-by-promoters/article66517801.ece They try their best to hinder the Corporate Insolvency Resolution Process and get back their company cheap Delay in the Corporate Insolvency Resolution
👍Rs 40-trillion MF industry braces for industry-wide forensic audit | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/rs-40-trillion-mf-industry-braces-for-industry-wide-forensic-audit-123021401952_1.html AMCs term it from ‘positive development’ to ‘preventive exercise’ The Rs 40-trillion mutual fund (MF) industry is bracing for a comprehensive audit —
SEBI plans forensic audit of all mutual funds
SEBI plans forensic audit of all mutual funds: https://www.thehindubusinessline.com/markets/sebi-plans-forensic-audit-of-all-mutual-funds/article66496911.ece This step was needed–AR Tikotekar
👍A question of quorum | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/a-question-of-quorum-123021200876_1.html Understrength CCI undermines business climate Although the World Bank’s Ease of Doing Business ranking has been scrapped for irregularities in the process, the government had