SC: Public Premises Act Prevails over State Rent Laws For Evicting Unauthorised Occupants || SC: Doctors Were Unwavering Heroes in COVID-19, and Their Sacrifice Remains Indelible || SC Sets Up Secondary Medical Board to Assess Passive Euthanasia Plea of Man in Vegetative State || NCLAT: Amounts Listed As ‘Other Advances’ in Company’s Balance Sheet aren’t Financial Debt under IBC || NCLT Ahmedabad: Objections to Coc Cannot Bar RP From Challenging Preferential Transactions || J&K&L HC: Courts Should Exercise Caution When Granting Interim Relief in Public Infrastructure Cases || Bombay HC: SARFAESI Sale Invalid if Sale Certificate is Not Issued Prior to IBC Moratorium || Supreme Court: Police May Freeze Bank Accounts under S.102 CrPC in Prevention of Corruption Cases || SC: Arbitrator’s Mandate Ends on Time Expiry; Substituted Arbitrator Must Continue After Extension || SC: Woman May Move Her Department’s ICC For Harassment by Employee of Another Workplace

Additional disclosures by NBFCs in public issue of debt securities- (Securities and Exchange Board of India) (15 Sep 2015)

MANU/SDIP/0001/2015

Capital Market

The Securities Exchange Board of India notified new disclosures to be made by Non-Banking Financial Corporations in offer documents for public issue of debt securities. These include providing information on loans, non-performing debt and ‘onward lending’ made to entities within the NBFC’s group. The new requirements will align disclosure requirements for NBFCs with those stipulated by the Reserve Bank of India.

Relevant : disclosures in the Prospectus for Public Issue of Debt securities MANU/SSMD/0036/2014

Tags : DISCLOSURE NBFC PUBLIC OFFER DEBT

Share :