Supreme Court: Wait-Listed Candidates Have No Vested Right After List Expiry || SC: Reserved Candidates Scoring Above General Cut-Off Must be Considered For Open Posts || SC: AICTE Regulations Do Not Govern Direct Recruitment of Engineering Professors by State PSCs || Supreme Court: High Courts To Decide Article 226(3) Applications Within Two Weeks || SC: State Agencies are Competent To Probe Corruption Cases Against Central Government Officers || Allahabad High Court: Wife May Claim Education Expenses; Adverse Inference If Husband Hides Income || Patna High Court: Cruelty Claims Against In-Laws are Unlikely Without Shared Residence or Interaction || Patna HC: Aadhaar and GPS-Based Attendance For Medical College Faculty Does Not Violate Privacy || Allahabad HC: Victim Compensation under POCSO Act Cannot be Withheld For Lack of Injury Report || MP HC: Diverting Goods From Delivery Point is Misappropriation under S.407 IPC

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 :