Corporate India may not be too thrilled, but Sebi’s proposals on independent directors are good for India’s governance credentials The Securities and Exchange Board of
Category: IBC-SEBI
MCA eyes revamp of compliance regime – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/mca-eyes-revamp-of-compliance-regime/articleshow/82037786.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis A senior government official told ET that the new system with these features would be rolled out from October. It will significantly bring
Sebi’s delay makes RIL order absurd | Business Standard Column
Sebi’s delay makes RIL order absurd | Business Standard Column https://www.business-standard.com/article/opinion/sebi-s-delay-makes-ril-order-absurd-121041100918_1.html In January 2000, the promoters of Reliance Industries Ltd (RIL), and other entities acting
What is Rights Entitlement of shares? How investors can benefit or lose money; all you need to know – The Financial Express
Clipped from: https://www.financialexpress.com/market/what-is-rights-entitlement-of-shares-how-investors-can-benefit-or-lose-money-all-you-need-to-know/2230662/ Rights Entitlements of shares, the relatively new entrant in the Indian stock market, recently made news when India’s largest brokerage firm Zerodha reported
Tata-Mistry case: SC verdict puts spotlight on duties of nominee directors | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tata-mistry-case-sc-verdict-puts-spotlight-on-duties-of-nominee-directors-121040901446_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 The Supreme Court’s observations in the Tata-Mistry case has raised questions about the fiduciary duties of nominee directors In its observations, the court
IBC: Can pre-packaged insolvency resolution under IBC be helpful for MSMEs? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/legal/can-pre-packaged-insolvency-resolution-under-ibc-be-helpful-for-msmes/articleshow/81981074.cmsSynopsis The Code emphasizes on reorganization and insolvency resolution of the Corporate Debtor, while maximizing the value of assets of the CD and promoting
How to deal with related party transactions in unlisted firms? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/how-to-deal-with-related-party-transactions-in-unlisted-firms/articleshow/82012942.cmsSynopsis For larger economic stability, one cannot undermine the importance of sound governance in unlisted public companies for two reasons. Alby JosephIn the words
How to improve the quality of audit in Indian companies – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/services/consultancy-/-audit/how-to-improve-the-quality-of-audit-in-indian-companies/articleshow/82020322.cms Synopsis–‘Audit’ is derived from the Latin word ‘audire’, or ‘to hear’. Recently, it is not the hearing ability but the smell test and
The Principle Of “As Is Where Is” And “As Is What Is Basis” In Relation To Secured Assets Purchased In Public Auction Under Sarfaesi Act,2002-IndiaLaw LLP Blog–
Clipped from: https://www.indialaw.in/blog/blog/banking-and-finance/the-principle-of-as-is-where-is-and-as-is-what-is-basis-in-relation-to-secured-assets-purchased-in-public-auction-under-sarfaesi-act2002/ INTRODUCTION As the Legal frame work and mechanism for curtailing and controlling mounting Non- Performing Assets (“NPA”) has become inadequate and outdated which
Mr. Mandava Krishna Chaitanya vs Uco Bank, Asset Management Branch on 21 February, 2018–indian kanoon
Clipped from: https://indiankanoon.org/doc/52706974/Andhra High Court *THE HONBLE SRI JUSTICE SANJAY KUMAR AND THE HONBLE SRI JUSTICE P.KESHAVA RAO WRIT PETITION NO.39084 OF 2017 21-02-2018 Mr. Mandava
Royal Star Trading Company vs Ifci Limited & Anr on 10 September, 2014–indian kanoon
Clipped from: https://indiankanoon.org/doc/107658231/Delhi High Court THE HIGH COURT OF DELHI AT NEW DELHI % Judgment delivered on: 10.09.2014 + W.P.(C) 2005/2012 & CM No.16665/2013 ROYAL STAR
The Concept Of “As-Is Where-Is” And “As-Is What-Is” A Secured Creditor’s Point Of Responsibility? – Finance and Banking – India
Clipped from: https://www.mondaq.com/india/securitization-structured-finance/1044610/the-concept-of-as-is-where-is-and-as-is-what-is-a-secured-creditor39s-point-of-responsibility Introduction As the legal framework for curtailing and controlling mounting Non-Performing Assets (“NPA“) started becoming inadequate, there was a spike in the number
Termination Of Power Purchase Agreements Under IBC – Insolvency/Bankruptcy/Re-structuring – India–mondaq.com
Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/1049336/termination-of-power-purchase-agreements-under-ibc?type=popular Our viewpoint It is a well understood fact that a PPA is sine quo non for not only the functioning but the very existence of
What Is Pre-Pack Insolvency Or Bankruptcy? – Insolvency/Bankruptcy/Re-structuring – India–mondaq.com
Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/1023948/what-is-pre-pack-insolvency-or-bankruptcy?type=popular The Insolvency and Bankruptcy Code, 2016, has boosted the industry in terms of either reviving the company in question or faster liquidation of
Section 14 Of The Insolvency And Bankruptcy Code, 2016 Vis-à-vis Section 138 Of The Negotiable Instruments Act, 1881: What Prevails? – Insolvency/Bankruptcy/Re-structuring – India–mondaq.com
Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/1050172/section-14-of-the-insolvency-and-bankruptcy-code-2016-vis-vis-section-138-of-the-negotiable-instruments-act-1881-what-prevails?type=popular An order of moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016 shall cover proceedings under Sections 138 and 141 of
Time Is The Essence Of The Corporate Insolvency Resolution Process: Supreme Court Of India. – Insolvency/Bankruptcy/Re-structuring – India–mondaq.com
Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/1050184/time-is-the-essence-of-the-corporate-insolvency-resolution-process-supreme-court-of-india?type=popular The Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016 cannot be allowed to lapse into an indefinite delay defeating the
Operational Creditors In Insolvency: A Tale Of Disenfranchisement – Insolvency/Bankruptcy/Re-structuring – India–mondaq.com
Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/971940/operational-creditors-in-insolvency-a-tale-of-disenfranchisement?type=popular The Insolvency and Bankruptcy Code, 2016 (hereinafter “IBC”) was hailed as a major reform in the insolvency landscape in India. The IBC was
Liquidation Process Under The Insolvency And Bankruptcy Code, 2016 – An Overview – Insolvency/Bankruptcy/Re-structuring – India–mondaq.com
Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/987994/liquidation-process-under-the-insolvency-and-bankruptcy-code-2016–an-overview?type=popular&login=true Nearly all discussions and coverages on the Insolvency and Bankruptcy Code, 2016 (“Code“), highlight the process of Resolution of Corporate persons, which is
Supreme Court’s decision in Jaypee matter clarifies various aspects under IBC–mondaq.com
Clipped from: https://www.trilegal.com/index.php/publications/update/supreme-courts-decision-in-jaypee-matter-clarifies-various-aspects-under-ib?utm_source=Mondaq&utm_medium=syndication&utm_campaign=LinkedIn-integration In a landmark decision, the Supreme Court of India clarifies various facets of the Insolvency and Bankruptcy Code, 2016 while extending the corporate
The limits of “As-Is Where-Is” in SARFAESI auctions – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/the-limits-of-as-is-where-is-in-sarfaesi-auctions/article34124619.ece The SARFAESI Act of 2002 empowers a secured creditor—usually, a bank—to sell the pledged immovable property and recover his dues. Such sales are
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