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The Reserve Bank of India (“RBI”) has released the Digital Lending Directions, 2025 (“DL Directions”), which overhaul and consolidate earlier guidelines on digital lending and introduce new me...
On February 14, 2025, the Securities and Exchange Board of India (SEBI) introduced the Industry Standards on ‘Minimum information to be provided for Review of the Audit Committee and Shareholders for Approval of Related Party Transaction’ (“Industry Standards”), which significantly revamps the nature and scale of information required to be provided to the audit committee and the shareholders to obtain their approval for undertaking an RPT. The Industry Standards will be effective from July 01, 2025.
In this article, INDUSLAW’s Shivani Singh, Prakhar Srivastava, and Harman Walia explain and analyse the revised scope of disclosures to be made by listed entities, and comment upon the efficacy of and challenges posed by the Industry Standards.
