Latest News And Blogs

Settlement with SEBI AND fine by the Exchange

The recent decision of the Securities Appellate Tribunal (“SAT”) in Hindustan Foods Limited…

Read More

InvIT Auditor Tenure: Five Years or a Shorter Term?

Introduction: The investment manager (“IM”) of ABC InvIT proposes to appoint a statutory…

Read More

Identification of Material Subsidiary where Subsidiaries / Consolidated Net Worth is Negative

Background The concept of “material subsidiary” under the SEBI Listing Obligations and Disclosure…

Read More

Issuance of NCDs by Private Companies: A Compliance Anomaly under the Companies Act, 2013

Background The Companies Act, 2013 (herein referred to as “the Act/Act”) has introduced…

Read More

The Oxford Comma: A Small Punctuation Mark with Big Legal Consequences

Introduction. As a students of English language, we have been learning various punctuation…

Read More

Restriction on Layers of Subsidiaries: Wholly Owned, Not Wholly Exempt

Introduction: Corporate groups often adopt multi-tier structures for operational efficiency, regulatory compliance, business…

Read More