New bill proposes multiple nominees for bank Fixed Deposits to ease fund distribution after death, ET LegalWorld
A crushing experience in the trail of destruction left by Covid was the inability of family members to freely withdraw and distribute money by breaking the bank fixed deposits (FDs) after the death of the prime earner, who, in many cases, was the sole account holder. The bill to change the law allowing banks to […]
SC junks plea for cases’ disposal within fixed time, says ‘not American Supreme Court’, ET LegalWorld
The Supreme Court on Friday said it was not the American Supreme Court as it dismissed a plea seeking directions for the disposal of cases pending before all the courts in the country within a fixed time frame. A bench of Chief Justice of India D Y Chandrachud, Justices J B Pardiwala and Manoj Misra […]
Sebi amends rules; introduces fixed price process for voluntary delisting, ET LegalWorld
Markets regulator Sebi has notified rules allowing companies to delist shares through a fixed price mechanism as an alternative to the reverse book building process, a move aimed at facilitating ease of doing business for listed firms. Under the Reverse Book Building (RBB) process, a firm planning to delist its shares from the stock exchange […]
Sebi amends rules; introduces fixed price process for voluntary delisting, ET LegalWorld
Markets regulator Sebi has notified rules allowing companies to delist shares through a fixed price mechanism as an alternative to the reverse book building process, a move aimed at facilitating ease of doing business for listed firms. Under the Reverse Book Building (RBB) process, a firm planning to delist its shares from the stock exchange […]