Legally Bharat

Sebi proposes online monitoring framework for stock brokers’ system audits, ET LegalWorld

Capital markets regulator Sebi on Tuesday proposed an online monitoring and supervision framework for system audits of stock brokers aimed to enhance the quality and accountability of audits. This online monitoring mechanism will enhance the reach of the exchanges to identify the deficiencies in the audit process before the completion of an audit and also […]

IBBI proposes mandatory monitoring committees for resolution plans, ET LegalWorld

The Insolvency and Bankruptcy Board of India (IBBI) has proposed monitoring committees for implementing resolution plans under the Insolvency and Bankruptcy Code (IBC) rules. These changes seek to address challenges in implementing resolution plans and bolster confidence in the insolvency resolution process. The move came after a Supreme Court judgement emphasising statutory recognition for such […]

CCI introduces independent monitoring agencies; move to strengthen enforcement say legal experts, ET LegalWorld

The Competition Commission of India’s (CCI) recent overhaul of its General Regulations marks a pivotal moment in the evolution of competition law enforcement in India. These comprehensive amendments aim to enhance the robustness, transparency, and accountability in the implementation of CCI’s orders. By refining procedures, the CCI is likely focusing on streamlining investigations, ensuring fairness […]