Banking & Securities laws 7-11-2023.pptx

Banking & Securities laws 7-11-2023

1. 1 RRR CHAMBERS Email ID- [email protected] By BANKING AND SECURITIES LAWS RRR Chambers - [email protected]

2. INTRODUCTION 2

3. 3 BANKING AND SECURITIES LAWS For economic stability and growth. Orchestrators - guaranteeing equilibrium, equity and safety Integrity of financial system Protecting the interests of investors and depositors. RRR Chambers - [email protected]

4. 4 FINANCIAL AND NON FINANCIAL REGULATORY FRAME WORK AND RULES Reserve bank of India 1934 and Rules & Regulations Banking Regulations Act 1949 and Rules & Regulations Companies Act 2013 and Rules Insolvency and Bankruptcy Code 2016 and Rules & Regulations RRR Chambers - [email protected]

5. NCLT/NCLAT 5

6. NCLAT / NCLT are Quasi judicial bodies established on 1st June 2016 under companies Act 2013. IBC matters and Companies Act matters Companies Act matters – Mergers & Amalgamations, Oppression & Mismanagement, shareholders rights and grievances, fraud, striking off of companies and other related matters Penalties and fines of companies are deal in special courts, but NCALT/NCLT deals with compounding of offences and punishments for violation of NCLT Rules 6 NCLT/ NCLAT RRR Chambers - [email protected]

7. 7 NCLT/ NCLAT NCLT ( National company Law Tribunal) NCLAT ( National company Law Appellate Tribunal) Primary Jurisdiction Appellate Jurisdiction Accepts and analyzes the evidences from creditors/ debtors Accepts and analyzes the decisions made by NCLT Collects facts and evidences Analyzes facts and evidences RRR Chambers - [email protected]

8. MUTUAL FUNDS 8

9. 9 MUTUAL FUNDS Sponsor Trustees Asset Management company RRR Chambers - [email protected]

10. 10 MUTUAL FUNDS RRR Chambers - [email protected]

11. SECURITIES FRAUD AND INVESTOR PROTECTION 11

12. CS Dr AHALADA RAO VUMMENTHALA Securities fraud include Investor protection Measures Outright theft from investors Investor education and protection fund (IEPF) Stock manipulation Investor Awareness Program Misstatements on public company Eliminating false and unfair trading in the stock market Lying to corporate auditors Controlling mainstream self regulatory companies Inside trading Issue or guidelines Other illegal acts on the trading floor of a stock or commodity exchange Take over code 12 SECURITIES FRAUD AND INVESTOR PROTECTION RRR Chambers - [email protected]

13. Impact on Banking System Impact on Capital Market Burden on Judicial Process Recovery Mechanism Remedial Measures Resolution Process 13 LIQUIDATION AND RESTRUCTURING OF CORPORATE DEBTS RRR Chambers - [email protected]

14. 14 CORPORATE SOCIAL JUSTICE

15. Corporate Social Responsibility (CSR) - positive impact on society. CSR activities - areas of education, health, skill development and Sustainable livelihoods, environmental projects, rural development and any other activities that are in schedule VII of companies Act2013, EX : DCB bank took imitative related to water, waste management disaster relief etc. Sponsoring and supporting events Awareness Programs- Ex: KBC by RBI 15 CORPORATE AND SOCIAL JUSTICE RRR Chambers - [email protected]

16. 16 CORPORATE GOVERNANCE

17. Corporate Governance means ‘4Ps’ people ,purpose, process and performance. corporate Governance means corporate culture, BOD Employee performance & internal Audits. Establishing strategic objectives , clear lines of responsibility corporate reconstructing. investors protection , fund raising ability, maximise shareholders value integrating Indian banking system & Indian Capital market with the world economy. 17 CORPORATE GOVERNANCE RRR Chambers - [email protected]

18. Supporting board in the conduct of the affair of the company Understand corpora ting contract law, intellectual property and help how to apply legal principles to commercial transactions and develop skills in analyzing Conducting research and analyzing the gaps and giving suggestions Guidance to the directors Complex legal issues Ensuring and complying with corporate governance facilitate the convening of meetings 18 CORPORATE GOVERNANCE ACADAMICIANS LEGAL PROFESSIONALS RESEARCH SCHOLARS RRR Chambers - [email protected]

19. 19 CONCLUSION

20. In summary we can conclude that corporate law impacts business operations by providing legal framework that governs corporations formation & structure. It influences commercial transactions, employee relation, intimation trade and ethical practices. To thrive in this dynamic filed, understanding the complexities of corporate law enables companies to navigate the legal landscape effectively and faster sustainable growth. 20 CONCLUSION RRR Chambers - [email protected]

21. THANK YOU 21 RRR Chambers - [email protected]