In 2021, The Securities and Exchange Board of India (“SEBI”) came out with an alternative delisting route for the listed subsidiary. The circular takes the tedious process of delisting to be simplified at least for the...
IBBI likely to issue more regulations by August-end to streamline CIRP
The Insolvency & Bankruptcy Board of India (IBBI) said it will issue some more regulations after getting elaborate feedback from the public in the form of discussion papers floated recently. The new set of...
Pricing of shares in the case of preferential allotment: – Whether should be as per ICDR regulations?
In 2021, the Reserve Bank of India refused to give regulatory approval to Punjab National Bank to fund the PNB Housing Finance Limited (PNB Housing) on concerns of the lender’s financial health. Due to prohibition...
AMENDMENTS TO SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015, IN RELATION TO REGULATORY PROVISIONS ON RELATED PARTY TRANSACTIONS (RPT’S)
SEBI (Securities Exchange Board of India) in its Board meeting held on September 28, 2021, approved the amendments in RPT (Related Party Transactions) framework that were proposed by the Working Group1 ('WG') in January...
SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
Earlier there were two separate regulations, SEBI (Share Based Employee Benefits) Regulations, 2014 and SEBI (Issue of Sweat Equity Regulations), 2002 which provide a framework for issuance of employee share-based...
New SEBI Delisting Regulations Paves Way for A Fairer Method For All Stakeholders
The Securities Exchange Board of India (‘SEBI’) has issued the SEBI (Delisting of Equity Shares) Regulations, 2021 (New Delisting Regulations) on June 11, 2021, superseding the erstwhile SEBI (Delisting of Equity...
NCLT suggests IBBI to review insolvency code regulations to curb misuse
The National Company Law Tribunal (NCLT) has suggested to IBBI that there is a need to review the insolvency code regulations to ensure that they are not “misused or misinterpreted”. It also said that...
ECB’s Villeroy sees cross-border bank mergers after regulations settle
Europe’s banking sector will be ripe for consolidation once international bank regulations currently being thrashed out are finalised, ECB governing council member Francois Villeroy de Galhau in a newspaper...
SEBI Listing Regulations – Specified Securities
On 2nd September 2015, the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 was notified by SEBI. These compliances as mentioned below are only related to entities whose specified securities are...
Analysis of Regulation 31 & 31A of SEBI Regulations 2015
Analysis of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) related to:- Regulation 31 – Holding of specified securities and shareholding pattern. Regulation 31A...
SEBI NOTIFIES NEW LISTING REGULATIONS
On 2nd September 2015, Security Exchange Board of India (SEBI) has notified SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations). A time period of ninety days has been given for...
Alternative Investment Fund Regulations
What is an Alternative Investment Fund (AIF) AIF is an Alternative Investment Fund Regulations privately pooled investment vehicle which collects funds from investors, whether Indian or foreign, for investing it in...