Clipped from: https://www.financialexpress.com/market/sebi-strengthen-investor-grievance-redressal-mechanism/2547982/ The new mechanism will come into effect from July 1, the Securities and Exchange Board of India (Sebi) said in a circular. The
Category: IBC-SEBI
*****Streamline insolvency resolution with code – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/streamline-insolvency-resolution-with-code/articleshow/91970328.cms Synopsis A more balanced committee of creditors that includes operational creditors, giving voting rights in proportion to their due amounts, is needed. There
Sebi fines Rs 10.25 crore on Commex Technology in GDR manipulation case | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-fines-rs-10-25-crore-on-commex-technology-in-gdr-manipulation-case-122053101413_1.html It was observed that Commex had issued 19,06,790 GDRs raising USD 9.99 million in May 2009 and the entire GDR were subscribed by
*****Sebi’s SOP to resolve dispute under stock exchange arbitration mechanism | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-s-sop-to-resolve-dispute-under-stock-exchange-arbitration-mechanism-122053100693_1.html Sebi has come out with a SOP for dispute resolution under the stock exchange arbitration mechanism for disputes Photo: Shutterstock Capital markets regulator Sebi has come out
SEBI issues SOP for dispute resolution under stock exchange arbitration mechanism – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/sebi-issues-sop-for-dispute-resolution-under-stock-exchange-arbitration-mechanism/article65479604.ece The new SOP will be applicable to listed companies or RTAs offering services on behalf of listed companies Capital markets regulator SEBI has
*****IPO: No money? No bid: Sebi tightens IPO rules to ensure genuine bids – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/ipos/fpos/no-money-no-bid-sebi-tightens-ipo-rules-to-ensure-genuine-bids/articleshow/91902089.cms Synopsis The regulator is learnt to have found out that some large institutional investors and high net worth individuals were putting in bids
*****IBC regime: NCLAT directs MCA, IBBI to amend statutory claims rule | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/ibc-regime-nclat-directs-mca-ibbi-to-amend-statutory-claims-rule-122053001569_1.html The directive comes after observing gaps in the current IBC regime that deals with statutory claims The RP contended that provident funds are
*Insolvency cases: FinMin rolls out mechanism to cut delays in filing of claims by GST, Customs authorities – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/insolvency-cases-finmin-rolls-out-mechanism-to-cut-delays-in-filing-of-claims-by-gst-customs-authorities/article65476096.ece New SOP to curb time bar in filing GST claims, to prevent revenue leakage running into lakhs of crore, say legal experts The
*****How to leverage the demat revolution – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-to-leverage-the-demat-revolution/article65475781.ece The large group of new demat account-holders should be facilitated to invest in all types of financial assets — not just in equities
*****SEBI mandates cyber security audit for KRAs – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/sebi-mandates-cyber-security-audit-for-kras/article65476529.ece KYC Registration Agencies should conduct a comprehensive cyber audit at least twice in a fiscal year As per a mandate by SEBI, the KYC
IBC: There’s a need to bring necessary balance in the CoC’s composition – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/ibc-theres-a-need-to-bring-necessary-balance-in-the-cocs-composition/articleshow/91875278.cms Synopsis In the overall IBC scheme of insolvency resolution, the CoC has a pivotal role. The robustness of the resolution plan hinges upon
*****Sebi tweaks SOP in case of defaults by trading, clearing members | The Financial Express
Clipped from: https://www.financialexpress.com/market/sebi-tweaks-sop-in-case-of-defaults-by-trading-clearing-members/2540290/ The TM is required to be instructed to pay small investors out of available funds and own resources (movable and immovable) under the
Clear up the ratings confusion, SEBI, RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/clear-up-the-ratings-confusion-sebi-rbi/articleshow/91842467.cms Synopsis A credit rating is an expression of an opinion in a standardised form. And the rating assigned to a given debt shows
*****CBIC issues SOPs for recovering tax dues from insolvent companies | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/cbic-issues-sops-for-recovering-tax-dues-from-insolvent-companies-122052701466_1.html The CBIC said it has nominated a nodal officer to ensure filing of claims with the Insolvency and Bankruptcy Board of India (IBBI)
*****SEBI tweaks SOP in case of defaults by trading, clearing members – The Hindu
Clipped from: https://www.thehindu.com/business/markets/sebi-tweaks-sop-in-case-of-defaults-by-trading-clearing-members/article65467062.ece The regulator, in consultation with the Market Infrastructure Institutions, has decided to modify the framework. The logo of the Securities and Exchange Board
*****What ails the IBC? A problem of timely resolution | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/what-ails-the-ibc-a-problem-of-timely-resolution/2537878/ Inordinate delays make the market for Distressed assets mimic the Lemons problem The newsletter reports that 29 corporate insolvency resolution processes (CIRPs) concluded
*****Active nudge for passives – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sebis-guidelines-for-passive-funds-are-good-but-the-regulator-should-facilitate-more-india-specific-indices/article65460539.ece SEBIs guidelines for passive funds are good but the regulator should facilitate more India-specific indices Passive funds, which simply mirror an index or
*****individual insolvency: Struggling with debt? Here is how individual insolvency works in India – The Economic Times
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
*****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
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