SEBI’s 2025 amendment mandates that only independent registered valuers can conduct valuations in takeover and open-offer processes. The change aims to eliminate conflicts of interest and ensure transparent, credible pricing in acquisition transactions.
The company voluntarily disclosed non-compliance with private placement fund rules, but penalties were still imposed. The judgment shows that proactive disclosure does not eliminate liability under Section 42(10) of the Companies Act.
A delay of nearly eight years in meeting independent director and Audit Committee requirements resulted in fines totaling ₹6 lakh. The judgment reinforces the personal liability of officers for ongoing statutory defaults.
The MCA held the company and Managing Director liable for delayed appointment of a Company Secretary. The ruling reinforces personal liability of officers in default under Section 203(5).
Non-compliance with audit trail requirements led to penalties on both the company and its Managing Director. This ruling highlights personal liability of officers and the importance of updated software for statutory compliance.
SEBI allows SWAGAT-FIs to pay renewal fees every ten years and removes standard investment caps. The amendment is designed to encourage long-term foreign venture capital investment in India.
This title emphasizes the detailed rules governing standard and stressed loan transfers, including mandatory use of Swiss Challenge auctions. The framework ensures fair price discovery, clear responsibilities, and prevention of undue risk assumptions by SFBs.
The guidelines require banks to perform independent credit appraisal, enforce unsecured consumer credit limits, and verify promoter equity sources. By enhancing internal controls and scenario testing, the RBI aims to prevent adverse selection and credit concentration risks.
SEBI’s new IG Scheme expands eligibility for No-action and Interpretive Letters, providing clarity on regulatory compliance. Confidentiality and streamlined processing ensure timely guidance within 60 days.
The Directions overhaul capital adequacy, leverage limits, and governance standards for CICs. The key takeaway is stronger prudential oversight and enhanced Board accountability.
