New norms to widen promoter ambit for IPO-bound companies - The Hindu BusinessLine
The exchanges have expanded the promoter definition for companies tapping the market for an initial public offering
Source: thehindubusinessline.com
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Top News In Vinod Kothari Today - Breaking & Trending Today
Class Action Lawsuits Make a Beginning after 11 Years, but Significant Reforms Still Needed
In what appeared to be a landmark move, India introduced class action lawsuit through Section 245 of the Companies Act of 2013; but it has remained a purely theoretical concept for 11 long years. Are things beginning to change?
Source: moneylife.in
Wealth: Personal guarantors risk losing wealth
India Business News: The Supreme Court of India has upheld the validity of provisions in the Insolvency & Bankruptcy Code that allow action to be taken against personal gu
Source: indiatimes.com
stock: Demat securities made must for big unlisted private companies
"It is a matter of common knowledge that in the case of private companies, it is not rare that the shares of the company are registered in the name of persons who are not traceable, do not have valid PAN or similar identification numbers, or remain unidentified," said Payal Agarwal of Vinod Kothari Consultants. "Historically, dematerialisation of shares is looked upon by the government as a means to curb black money."
Source: indiatimes.com
Maharashtra: Rahul Narvekar Directs Police To Ensure Stringent Enforcement Of Cow Slaughter Ban
Maharashtra: Rahul Narvekar Directs Police To Ensure Stringent Enforcement Of Cow Slaughter Ban
Source: freepressjournal.in