Under the proposed framework, such entities could be mandated to submit quarterly filings of financial statements with the MCA, among others, said the person, who did not wish to be identified. The proposal gained traction after the alleged corporate governance lapses at edtech firm Byju s this year. The person said once the Company Law Committee under MCA secretary Manoj Govil takes a final call on such a regulatory framework, it could classify large unlisted companies based on factors such as their revenue and turnover. "A final decision on this issue will be taken by the committee soon," he said.
On its 7th Foundation Day, the Investor Education and Protection Fund Authority (IEPFA), in collaboration with Institute of Company Secretaries in India (ICSI) and National Council of Applied Economic Research (NCAER), held a conference on “Understan
According to a PTI report, DLF will also launch one housing project each in the ongoing fiscal in the city’s Moti Nagar area, one in Chandigarh and one in Mumbai.
Market dislocations are generally difficult to identify with precision. However, it implies the existence of an event or circumstance where the whole banking, financial services and bond markets experience severe liquidity strain.