Clipped from: https://www.business-standard.com/article/economy-policy/govt-seeks-comments-on-proposed-changes-to-insolvency-law-121122301403_1.html The amendments have been proposed by the Insolvency Law Committee (ILC) The government on Thursday invited comments on various amendments proposed to the
Category: IBC-SEBI
Ministry proposes fixed timeline for NCLT, extended look-back period in IBC | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/ministry-proposes-fixed-timeline-for-nclt-extended-look-back-period-in-ibc-121122301254_1.htmlIllustration: Ajay Mohanty In a move to plug gaps in the Insolvency and Bankruptcy Code (IBC), the ministry of corporate affairs (MCA) has proposed robust norms against avoidance
ARCs in spotlight – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/arcs-in-spotlight/article38022443.ece The charges levelled by tax authorities against ARCs are serious and may require RBI to act, if they’re true From their inception in
Commodity futures ban – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/commodity-futures-ban/article38022818.ece It won’t curb inflation, and will hurt farmers The Securities Exchange Board of India has banned futures and options trading in a host
Over 25,000 compliances reduced to aid ease of doing biz: DPIIT | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/over-25-000-compliances-reduced-to-aid-ease-of-doing-biz-dpiit-121122200554_1.html Over 25,000 compliances have been reduced by Union ministries, states and UTs so far to further improve ease of living and doing business,
Sebi’s curb on futures trade threatens food supply chain – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/sebis-curb-on-futures-trade-threatens-food-supply-chain/articleshow/88434606.cms?utm_medium=referral&utm_campaign=iOSapp&utm_source=email MUMBAI: The Security and Exchange Board of India’s (Sebi) year-long suspension of futures trading in key farm commodities is crimping the use of
Necessary, not quite sufficient – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/necessary-not-quite-sufficient/articleshow/88419112.cmsSynopsis The ratio of stalled projects to under-implementation ones consistently rose from 2006-07, and fell only marginally in 2018-19. A recent RBI working paper suggests that Indian
Sebi chairman backs better pricing disclosures in new-age IPO documents | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-chairman-backs-better-pricing-disclosures-in-new-age-ipo-documents-121122201049_1.html Pricing is a ‘critical issue’ for upcoming companies and small investors must be protected when they back them, says Ajay Tyagi. Ajay Tyagi,
Explained | Why SEBI suspended futures trading in agri products – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/explained-why-sebi-suspended-futures-trading-in-agri-products/article38003931.ece Objective is to rein in prices of essential commodities The story so far: Securities & Exchange Board of India (SEBI) on Monday issued directions
SEBI chief warns investment bankers on new-age cos’ valuation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/sebi-chief-warns-investment-bankers-on-new-age-cos-valuation/article38015321.ece Merchant bankers must follow rules in letter & spirit: Tyagi With retail investors burning their fingers in the Paytm IPO, SEBI Chairman Ajay
IT raids on 4 ARCs: Banks may become wary about selling NPAs – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/it-raids-on-4-arcs-banks-may-become-wary-about-selling-npas/article38003717.ece Bankers fear old cases of NPA sale to ARCs being opened up Bankers may baulk at selling bad loans to asset reconstruction companies
Did Religare, IL&FS, and Essar promoters carry out circuitous transactions through Srei Group firms? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/corporate-governance/did-religare-ilfs-and-essar-promoters-carry-out-circuitous-transactions-through-srei-group-firms/primearticleshow/87869116.cms From Left, Shivinder Singh, Malvinder Singh, erstwhile promoters of Religare group; Hemant Kanoria, former chairman, Srei Infrastructure Finance; Ravi Ruia, Vice chairman, Essar
Insolvency proceedings in slow motion | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/insolvency-proceedings-in-slow-motion-121122101379_1.html Processes like pre-packaged insolvency resolution and mediation and conciliation, which are not adjudication-intensive, may be encouraged A corporate insolvency resolution process is like
Sebi releases framework for advisory, portfolio management services | Business Standard News
lipped from: https://www.business-standard.com/article/markets/sebi-releases-framework-for-advisory-portfolio-management-services-121122101424_1.html Sebi in August introduced the concept of ‘accredited investor’ in investment advisors (IA) and portfolio manager rules The Securities and Exchange Board of
Brokers want time limit be imposed on Sebi to issue show-cause notices | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/brokers-want-time-limit-be-imposed-on-sebi-to-issue-show-cause-notices-121122000678_1.html At present, the Securities and Exchange Board of India Act, 1992 does not prescribe any period of limitation for issuance of a show-cause
Company secretaries should adopt ‘speak up culture’; keep watch on co’s group business too: Deepak Parekh – The Financial Express
Clipped from: https://www.financialexpress.com/industry/company-secs-should-adopt-speak-up-culture-keep-watch-on-cos-group-business-too-deepak-parekh/2383561/ The judgement of company secretaries is sacrosanct and they are the bridge between understanding what the regulator expects and how the board actually
Amazon may take legal action against CCI order suspending deal with Future | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/amazon-may-take-legal-action-against-cci-order-suspending-deal-with-future-121121900360_1.html Anti-trust regulator has ruled the US company had suppressed information while seeking approval on an investment into Indian retailer two years ago. Smartphone
Listing fee dues cannot be recovered under operational debt: NCLAT | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/listing-fee-dues-cannot-be-recovered-under-operational-debt-nclat-121121900545_1.html Dues on the listing fees against a company are ‘regulatory dues’ in nature and cannot be recovered under ‘operational debt’ through insolvency proceedings,
IPOs: Extending lock-in for anchors doesn’t ensure stability – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/ipos-extending-lock-in-for-anchors-doesnt-ensure-stability/article37980337.ece Fundamentals, valuation, governance, promoter’s integrity are key factors Shares of One97 Communications, owner of Paytm, dipped sharply a few days ago as the
dividend distribution tax: It’s double taxation: Share buyback tax should go, like DDT, says TV Mohandas Pai in a BCIC report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/its-double-taxation-share-buy-back-tax-should-go-like-ddt-says-tv-mohandas-pai-in-a-bcic-report/articleshow/88332271.cmsSynopsis The buyback taxation should go just like the MoF did with the dividend distribution tax (DDT) that companies paid earlier, they said. “Shareholders