Category: IBC-SEBI
👍Sebi asks investors to link PAN with Aadhaar by March 31 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/sebi-asks-investors-to-link-pan-with-aadhaar-by-march-31/article66595614.ece The non-compliance with this would be considered non-KYC compliant, and there could be restrictions on securities and other transactions Capital markets regulator Sebi
–Sebi comes out with restrictions on cos opting share buyback via stock exchange mechanism – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/sebi-comes-out-with-restrictions-on-cos-opting-share-buyback-via-stock-exchange-mechanism/article66596081.ece The company’s purchase order price should be within the range of 1 per cent on either side from the last traded price. Capital
👍Banks could see best quarterly recoveries via IBC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-could-see-best-quarterly-recoveries-via-ibc/article66596501.ece Monies aggregating about ₹6,600 crore, are expected to be received from the resolution of Sintex Industries and Reliance Home Finance IBC has fared
👍It’s not for SEBI to shield investors from risk – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/its-not-for-sebi-to-shield-investors-from-risk/article66592035.ece Indian markets have sufficient regulatory guardrails | Photo Credit: Balaji W S 463@Chennai In the Adani-Hindenburg case, the Supreme Court’s terms of reference
👍👍👍Lack of quorum affecting CCI to take up GST anti-profiteering matters – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/lack-of-quorum-affecting-tied-cci-hand-to-take-up-gst-anti-profiteering-matters/article66587378.ece CCI has just two members, with one member acting as chairperson, which means no quorum is possible to take up anti-profiteering matters NAA
👍Exemplary penalties are called for in the Axis case – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/editorial/exemplary-penalties-are-called-for-in-the-axis-case/article66577104.ece In seeking to bar Viresh Joshi and co from the markets and impound their ill-gotten gains, SEBI appears to be letting off the
🙏SEBI’s proposal to freeze demat accounts of CEO, directors for non-compliance is harsh – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sebis-proposal-to-freeze-demat-accounts-of-ceo-directors-for-non-compliance-is-harsh/article66568247.ece Imposing a fine or suspending trading of securities of non-compliant firms should suffice Some of SEBI’s proposals in a recent consultation paper seem
👍👍👍Extended trading hours divide brokerages – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/extended-trading-hours-divide-brokerages/article66563883.ece Small broking houses fear that cost of operations will increase It is believed that stock exchanges will eventually extend trading hours with the
🙏🙏🙏Speeding up reforms: Madhabi Puri Buch’s first year as Sebi chief | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/speeding-up-reforms-madhabi-puri-buch-s-first-year-as-sebi-chief-123022800693_1.html As first woman at the helm of Sebi, Madhabi Puri Buch brought in a data-driven approach and made regulation more nimble From overseeing
👍IBC resolutions on the road to nowhere – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/corporate-file/ibc-resolutions-on-the-road-to-nowhere/article66553204.ece Investor appetite for stressed assets is waning as delays and litigation mar recovery plans The prolonged delay in the resolution process has already
👍👍👍👍👍SEBI scores high on IOSCO’s review – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/independence-of-sebi/article66555984.ece Despite these good marks, the stock market regulator has some way to go SEBI has largely worked well to protect investors’ interests but
👍👍👍👍👍ARC industry will need to reinvent itself | Business Standard Column
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
👍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