Vendor Due Diligence & Screening

Sanctions

[New Feature Alert!] Sanctions Checks & Statutory Compliance on SignalX

You asked, we created! SignalX has introduced Global Sanctions Checks & regional Statutory Compliance Checks to make your enhanced DD a one stop solution. Read on to see how you leverage the SignalX edge to see beyond what meets the eye.

Enhanced Due DIligence

International Sanctions & their Impact on Business

We often hear about Sanctions, read about them on the news. While we know countries that have Sanctions against them, how do Sanctions impact our day to day business affairs, and our economy? Read on.

Enhanced Due DIligence

5 Landmark Insolvency Cases Of 2020

With numerous companies facing the wrath of the COVID-19 pandemic and the resulting financial challenges, the Insolvency and Bankruptcy Code ("IBC"), still in its early stages, has sparked a lot of debate.

Enhanced Due DIligence

Protect your Investment: Siemens Gamesa fires Indian executive over lack of Due Diligence

Due diligence is important before investing in a company or a firm. Siemens Gamesa Renewable Energy's India Unit recently fired a top executive over lack of DD. Internal investigations found that he failed to conduct appropriate DD when engaging a consultancy with a political connection.

Section 29A (IBC) Due Diligence

Wilful Defaulters & their role in the Indian Context

Wilful defaulters are considered as entities that do not pay back money despite the ability to do so. The concept of 'Wilful Defaulter' has been explained by the Master Circular issued by RBI (under the Banking Regulation Act, 1949).

Enhanced Due DIligence

SEBI's stricter norms for Companies undergoing Insolvency

SEBI has recently tweaked the 25% Minimum Public Shareholding (MPS) requirement for companies undergoing insolvency process. It also segregated assets as well as liabilities of mutual funds & eased norms governing promoter participation in follow-on public offers.

Enhanced Due DIligence

Anti Money Laundering Legislation in India - The Price of PayPal’s Non-Compliance

PayPal has been hit by Rs. 96 Lakh penalty by the Financial Intelligence Unit (FIU) for alleged contravention of the anti-money laundering law and accused of 'concealing' suspect financial transactions and abetting "disintegration" of India's financial system.

Vendor Due Diligence

PUFE TRANSACTIONS UNDER IBC: A GUIDE TO BUYING DISTRESSED ASSETS

PUFE Transactions are covered under sections 43, 45, 66, and 50 of the Insolvency and Bankruptcy Code, 2016. It lists four types of vulnerable transactions, namely Preferential, Undervalued, Fraudulent, and Extortionate.

Enhanced Due DIligence

IBC Barred By Limitation Or Not?

Limitation Act, 1963 applies to the proceedings under the Insolvency and Bankruptcy Code, 2016 in the matters relating to the initiation of the corporate insolvency resolution process(CIRP) based on time-barred debt.