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
Category: IBC-SEBI
*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
SC allows banks to directly initiate insolvency proceedings against personal guarantors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/sc-allows-banks-to-directly-initiate-insolvency-proceedings-against-personal-guarantors/article65404775.ece Apex court dismisses appeal against NCLAT order; refuses to interfere with NCLAT ruling Financial creditors, especially banks, will now get a new preferred
*****Regulating from the front | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/regulating-from-the-front-122051001642_1.html Focus on deterrence against front-running The market regulator, the Securities and Exchange Board of India (Sebi), has investigated various instances of front-running over
*****Sebi mulls launch of confidential IPO filings to address privacy concerns | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-mulls-launch-of-confidential-ipo-filings-to-address-privacy-concerns-122051101324_1.html Industry players said the concept, if implemented, would give a fillip to the domestic capital markets, ease the process and encourage more companies
*****Losing from the front – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/losing-from-the-front/article65411357.ece Front-running is a cancer that erodes faith in the market and therefore needs stronger punishment It is disturbing that allegations of front-running should
*****SEBI tweaks peak margin norms to ease difficulties – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/sebi-tweaks-peak-margin-norms-to-ease-difficulties/article65401967.ece Brokers can now consider beginning-of-day rates for margin calculation After stock brokers complained that it was impossible to comply with the new structure
Sebi issues norms to calculate margin requirements for intra-day snapshots | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-issues-norms-to-calculate-margin-requirements-for-intra-day-snapshots-122051001780_1.html Sebi clarified that the change is only for the purpose of verification of upfront collection of margins from clients Photo: Shutterstock Capital markets regulator Sebi on Tuesday