Clipped from: https://www.financialexpress.com/opinion/sebis-enforcement-proceedings-need-a-statute-of-limitations/2435080/ This will require detailed empirical studies, consultation with all stakeholders and a review of limitation periods prescribed in other jurisdictions. While introducing statutory
Category: IBC-SEBI
Prepare for a possible market turbulence: FM tells SEBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/prepare-for-a-possible-market-turbulence-fm-tells-sebi/article65054114.ece Sitharaman stressed the need for regulatorto initiate next-generation reforms Finance Minister Nirmala Sitharaman on Tuesday asked market regulator SEBI to be prepared for
In major relief to India Inc, SEBI makes separation of CMD post ‘voluntary’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/in-major-relief-to-india-inc-sebi-makes-separation-of-cmd-post-voluntary/article65054058.ece Bowing to industry pressure, the SEBI Board on Tuesday decided to change its earlier mandate of top 500 listed companies separating the post
Supreme Court asks Future Retail to move Delhi HC on NCLT proceedings | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/supreme-court-asks-future-retail-to-move-delhi-hc-on-nclt-proceedings-122021600013_1.html The Supreme Court has granted Future Retail the option to seek from the Delhi High Court permission to continue proceedings at the National Company Law Tribunal (NCLT) on its
Sebi makes separation of Chairman, MD posts voluntary for India Inc | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-makes-separation-of-chairman-md-posts-voluntary-for-india-inc-122021501442_1.html Reprieve will benefit more than 150 companies, including Reliance Industries, Hindustan Unilever, Bajaj Finserv and Adani Ports Securities and Exchange Board of India
Related-party trouble | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/related-party-trouble-122021501652_1.html Seeking shareholder approval would impede normal functioning Listed companies could have practical issues in complying with one of the stipulations of the November 2021 circular
Sebi makes separation of Chairman, MD posts voluntary for India Inc | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-makes-separation-of-chairman-md-posts-voluntary-for-india-inc-122021501442_1.html Reprieve will benefit more than 150 companies, including Reliance Industries, Hindustan Unilever, Bajaj Finserv and Adani Ports Securities and Exchange Board of India
SEBI rolls back Chairman and MD separation norm, makes it “voluntary” from April 1 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/sebi-rolls-back-chairman-and-md-separation-norm-makes-it-voluntary-from-april-1/article65052341.ece Union Finance Minister Nirmala Sitharaman along with SEBI Chairman Ajay Tyagi addresses the Board members of SEBI, in New Delhi on Tuesday |
Governance breakdown | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/governance-breakdown-122021401897_1.html Sebi order exposes how NSE was run The Securities and Exchange Board of India (Sebi) last week issued the final order on the
New CSR form to enhance corporate compliance, help govt in keeping a tab | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/new-csr-form-to-enhance-compliance-help-govt-in-keeping-a-tab-on-spending-122021500045_1.html The government had mandated that Corporate India publish a comprehensive report on their specific CSR initiatives. Photo: iStock With the Ministry of Corporate Affairs (MCA)
Supreme Court stays resolution process of Videocon Industries restarted by lenders – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/supreme-court-stays-resolution-process-of-videocon-industries-restarted-by-lenders/articleshow/89564366.cms Synopsis Winning bidder Twin Star had appealed against a January 5 National Company Appellate Tribunal order that prompted lenders to restart the sale
New CSR mandate to increase compliance burden for India Inc – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/companies/csr-centre-rolls-out-new-11-page-form-for-comprehensive-collation-of-information/article65037630.ece Centre rolls out new 11-page form for comprehensive data collation The Centre has now mandated corporate India to furnish a comprehensive report on
RP must maintain digital records for eight years, physical for three: IBBI | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/rp-must-maintain-digital-records-for-eight-years-physical-for-three-ibbi-122021101435_1.html Board amends CIRP rules to empower resolution professionals to convene a meeting of committee of creditors regardless of whether or not they have
Poonawalla Fincorp board reinstates Abhay Bhutada as MD – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/poonawalla-fincorp-board-reinstates-abhay-bhutada-as-md/article65002359.ece Boardroom table set for board of directors meeting | Photo Credit: mediaphotos Bhutada stepped down from the board in September 2021 following an
FPIs rush to iron out operational chinks as T+1 deadline looms | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/fpis-rush-to-iron-out-operational-chinks-as-t-1-deadline-looms-122021100839_1.html The investors, through their custodian banks, have reached out to clearing corporations to push the deadline for equity trade confirmations to 9 a.m.
Assuming summary toxicity: SEBI’s new norms on related party transactions norms risk being a policy overkill – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/assuming-summary-toxicity-sebis-new-norms-on-related-party-transactions-norms-risk-being-a-policy-overkill/2429770/ Research by TARI shows over 51% of the financial fraud between 2012 to 2018—investigated by regulators and resulting in indictment—have used RPTs as
Sebi comes out with new disclosure format for abridged prospectus | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-comes-out-with-new-disclosure-format-for-abridged-prospectus-122020700884_1.html Under the rules, every application form for the purchase of any securities of a company needs to be accompanied by an abridged prospectus
Simplifying disclosures | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/simplifying-disclosures-122020802053_1.html Abridged prospectus will help retail investors The Securities and Exchange Board of India (Sebi) recently issued a new circular relating to the disclosure
KKR drags Mantri Developers to NCLT over ₹145-crore dues – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/kkr-drags-mantri-developers-to-nclt-over-145-crore-dues/articleshow/89230341.cmsSynopsis The US PE firm’s real estate lending arm, KKR India Asset Finance, has filed an application with NCLT to start insolvency proceedings against
CaMoney raised from capital markets more important than banks in financing revival: Economic Survey – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/money-raised-from-capital-markets-more-important-than-banks-in-financing-revival-economic-survey/articleshow/89242323.cmsSynopsis “Risk capital (i.e. money raised from capital markets) has so far been more important than the banks in providing finance to the revival,”