Read the interpretative letter issued by the Securities and Exchange Board of India (SEBI) in response to Vidli Restaurants Limited’s request for informal guidance on Regulation 10 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The letter discusses the proposed transaction involving the transfer of shares and voting rights within the promoter group and provides clarification on open offer obligations and exemptions.
LODR Regulations take precedence over suggestions by the Institute of Company Secretaries of India (ICSI) and other authorities regarding related party transactions (RPTs).
SEBI) has issued an interpretative letter in response to a request for informal guidance from Nectar Lifesciences Limited. The letter addresses the applicability of Business Responsibility and Sustainability Reporting (BRSR) under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. SEBI clarifies that till the financial year 2021-2022 the top 1000 listed entities on the […]
SEBI Provides Informal Guidance to SpiceJet on Issuance of Preferential Equity Shares for Outstanding Lease Liabilities -The Securities and Exchange Board of India (SEBI) has issued an interpretive letter to SpiceJet Limited, a public limited company, regarding the issuance of preferential equity shares to aircraft lessors in order to restructure outstanding lease liabilities. SEBI clarified […]
GST Registration Advisory – New functionality to view Aadhaar authentication status, to view/ download e-KYC documents for new registration applications and to upload e-KYC documents in PV report-reg.
Indian Reporting Financial Institutions (RFIs) should ensure that the U.S. TIN is reported in respect of all U.S. Reportable accounts.
Large Corporate shall be interpreted as a listed entity having at least one credit rating of AA and above for any of its unsupported bank borrowing or plain vanilla bonds
Explore the latest advisory from the Ministry of Information & Broadcasting urging media entities to refrain from promoting illegal online betting platforms. Legal implications and potential actions disclosed.
In terms of Securities and Exchange Board of India (Informal Guidance) Scheme, 2003, informal guidance may be provided in respect of a specific provision of any Act, Rules, Regulations, Guidelines, Circulars or other legal provisions being administered by the SEBI. Since securities of private companies are not regulated by SEBI under the aforesaid legislative instruments, […]
An applicant desiring to promote or implement any innovation in insurance in India shall make an application to IRDAI in Form-RG-1 in any one or more of the categories given in Regulation 4 of IRDAI (Regulatory Sandbox) Regulations, 2019.
