Clipped from: https://taxguru.in/corporate-law/cirp-initiated-strike-company-roc.html Elektrans Shipping Pte Ltd. Vs Pierre D’silva (NCLAT Delhi) Initiation of Corporate Insolvency Resolution Process (CIRP) under section 7 and 9 of the Insolvency
Category: IBC-SEBI
Pratip Chaudhuri’s arrest: A case of too many laws and too little justice – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/arrest-of-former-sbi-chairman-a-case-of-too-many-laws-and-too-little-justice/articleshow/87825988.cmsSynopsis “They had a warrant and told me I had to come with them and I will know about the case only after I
Tighter norms – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/editorial/sebis-view-to-regulate-ipo-proceeds-use-is-welcome-but-curbs-on-large-investors-may-not-fly/article37545718.ece SEBI’s view to regulate IPO proceeds’ use is welcome. But curbs on large investors may not fly The slew of ‘new-age’ businesses that
Primary protection | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/primary-protection-121111701489_1.html Sebi proposes tighter rules for IPOs The Securities and Exchange Board of India’s Primary Market Advisory Committee (PMAC) has released a new set
pnb housing finance: SAT allows PNB Housing Finance to withdraw appeal in Carlyle deal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/sat-allows-pnb-housing-finance-to-withdraw-appeal-in-carlyle-deal/articleshow/87764324.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Soon after the preference issue of shares was announced in May this year, controversy erupted with regard to the valuation of the shares
IPO: SEBI mulls 90-day lock-in for anchor investors as confidence booster – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/stock-markets/ipo-sebi-mulls-90-day-lock-in-for-anchor-investors-as-confidence-booster/article37527504.ece?homepage=true Market regulator SEBI has proposed a 90-day lock-in for anchor investors. Instead of imposing this on all anchor investors, a SEBI panel suggested
The biggest mistake we made was we did not go to the bankers before going court: Hemant Kanoria – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/the-biggest-mistake-we-made-was-we-did-not-go-to-the-bankers-before-going-court/article37505131.ece?homepage=true Former promoter of SREI Group spoke on how the group companies landed in the CIRP net “In hindsight, the biggest mistake we made
T+1 settlement cycle to go long way in protecting investors: Sebi chief – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/t1-settlement-cycle-to-go-long-way-in-protecting-investors-sebi-chief/article37498722.ece?homepage=true T+1 means that market trade-related settlements will need to be cleared within one day of the actual transactions are done The decision to
All you wanted to know about Fed’s dot plot – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article37383122.ece The much-feared taper is finally here. The Federal Reserve on Wednesday last week announced that it will reduce its asset purchases by $15
Now, companies can have ‘differential voting rights’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/now-companies-can-have-differential-voting-rights/article37269025.ece SEBI has announced the framework for public issuance of ordinary shares by issuer companies having promoters holding Superior Voting Right shares Crafted for
Investors are willing to back disruptors. Policy, regulatory environment must help unicorns to grow and flourish | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/paytm-nykaa-ipo-share-market-7618759/ Investors, both private and public, are increasingly willing to back disruptors, taking a longer view. The policy/regulatory environment also needs to be conducive,
Short and sweet – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-road-map-for-implementing-the-t1-settlement-appears-practical-and-feasible/article37441428.ece?homepage=true The road-map for implementing the T+1 settlement appears practical and feasible It is heartening to note that market infrastructure institutions — including stock
‘Permissible unless prohibited’ is the position of the law – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/permissible-unless-prohibited-is-the-position-of-the-law/article36813086.ece National Company Law Tribunal allowing conversion of equity shares into preference shares is laudable Paving way for corporates to give structured exit to
Governing ESG – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/governing-esg/article37326650.ece SEBI’s move mandating funds to spell out their ESG goals will check ambiguity and usher in transparency The Securities and Exchange Board of
HC stays arrest of Alchemist ARC promoter & another in loan fraud case – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/hc-stays-arrest-of-alchemist-arc-promoter-another-in-loan-fraud-case/articleshow/87519517.cmsSynopsis It is alleged that properties of Jaisalmer-based Hotel Gaudavan Pvt. Ltd. (HGPL) worth about Rs 200 crore, seized by SBI for loan default,
SREI founders may offer resolution plan under CIRP if RBI and lenders allow | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/srei-founders-may-offer-resolution-plan-under-cirp-if-rbi-and-lenders-allow-121110201599_1.html Will refrain of apex bank and lenders resist such a move, says Hemant Kanoria The Kanorias, founders of SREI group, may look at
NCLT dismisses pleas for consolidated resolution of Regen Powertech – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/companies/nclt-dismisses-pleas-for-consolidated-resolution-of-regen-powertech/article37291652.ece The National Company Law Tribunal, Chennai, on Monday dismissed the petitions of 25 applicants seeking consolidation and simultaneous Corporate Insolvency Resolution Process in
‘Permissible unless prohibited’ is the position of the law – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/permissible-unless-prohibited-is-the-position-of-the-law/article36813086.ece National Company Law Tribunal allowing conversion of equity shares into preference shares is laudable Paving way for corporates to give structured exit to
No discrimination in PVS Memorial Hospital case, says Resolution Professional – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/no-discrimination-in-pvs-memorial-hospital-case-says-resolution-professional/article37238796.ece Resolution Plan challenged in Supreme Court A counter statement in insolvency proceedings of Kochi-based PVS Memorial Hospital does not find any alleged instance
Sebi imposes curbs on trading by employees, trustees and board members of mutual funds – BusinessToday
Clipped from: https://www.businesstoday.in/markets/top-story/story/sebi-introduces-rules-for-trading-by-employees-trustees-and-board-members-of-mutual-funds-310774-2021-10-28 As per the Sebi circular, to ensure they do not take undue advantage of any sensitive information they may have, a category of