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INSILYSIS – A STRUCTURED DIGITAL DATABASE

SEBI (Prohibition of Insider Trading) Regulation, 2015 (“SEBI (PIT) Regulations”) mandates that the Board of Directors of every listed Company / Company proposed to be listed shall ensure that they have a Structured Digital Database containing the names of such Persons / Entities with whom any Unpublished Price Sensitive Information (“UPSI”) is shared along with their Permanent Account Number (“PAN”) / or other identifier if PAN not available. The law also mandates that such Database shall have adequate internal controls and checks such as time stamping and audit trails to ensure non tampering of the database. Further, the Audit Committee is also divested with a responsibility to review and ensure, at least once in a financial year, the established system of Internal Controls are adequate and operating smoothly in compliance with SEBI (PIT) Regulations. Corporate Professionals is the destination for all your Insider Law compliance Digital Database related needs. Our so...

IMPLICATIONS OF COVID-19 ON COMMERCIAL CONTRACTS:

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With COVID-19 causing catastrophic disruptions to the Indian economy and the ongoing lockdown in the Nation, it’s difficult to ascertain how the things will unfold and the time it will take for the Economy to stabilize.    In such a scenario, the execution of Business & Commercial contracts have become a challenge resulting in:   ·         Delayed performance of Contract ·         Non-performance of whole or part of Contract ·         Rescindment of Contracts ·         Renegotiation of terms of Contract ·         Enforcement of force majeure clause We at Corporate Professionals , are available to assist you and advise you in every such situation by offering the following services: 1.   Legal Vetting of Contracts including assessing and analyzing the Client’s ...