At Volody, we build products as per the specific needs of customers and work with constantly evolving products to make manual processes automated smartly. As per a survey done by Volody with more than 120 companies, it was found that on average contract drafting, negotiation and execution take almost takes 2 months and increase sales cycle significantly resulting in revenue ...

As you know SEBI has been taking Insider Trading Compliance very very seriously and they have been coming up with various clarifications and FAQs to make sure corporate India understands the regulations well and in case there is non-compliance no one takes advantage of the confusion. SEBI has come out with FAQs around SEBI Prevention of Insider Trading regulations. Click here ...

SEBI as part of its regulations on Prohibition of Insider Trading has asked companies to maintain digital database for Unpublished Price Sensitive Information (UPSI) sharing and other information about connected persons and Designated Persons effective Apr 1, 2019.  SEBI (Prohibition of Insider Trading) Regulations, 2015 defines UPSI as: Any information, relating to a company or its securities, directly or indirectly, ...

Businesses are going through significant transformative effects of advanced technology, the legal community also has had a predictable action-packed 2019 – seeing developments in processes, regulation, and collaboration right away results of new business technologies. Similar to businesses of any nature and professionals across sectors, general counsels & lawyers have had to adapt so as to survive in their new ...

On Sep 23, 2019, SEBI passed an order, imposing a penalty of Rs. 22.7 crore on Aurobindo Pharma and its promoters for Insider Trading Compliance violation. While the violation happened in 2008 – 2009 but SEBI kept on investigating and finally, SEBI concluded with a penalty of 22.7 crores and the issue remains misuse of Unpublished Price Sensitive Information (UPSI) ...

In December 2018, SEBI came up with new sets of regulations requiring all listed companies to maintain digital database of Unpublished Price Sensitive Information sharing. In addition, there were lots of new compliance requirements came up and the responsibility is on Board of Directors to ensure complete compliance. Here is link to SEBI updated regulations SEBI (Prohibition of Insider Trading) ...

Innovative technology has made inroads into almost every aspect of corporate governance. The objective is to provide ease, safe & secure governance compliances, digitization to reduce physial paper flow / storage and provide technology platform accessible from anywhere. SEBI also recently cameout with requirement of Digital Database for all listed companies for Insider Trading Compliance, Legal function is adopting to ...

It’s been more than 120 days since maintaining of Digital Database for Insider Trading Compliance has become mandatory, SEBI in order to standardize the process for compliance violation reporting and to respond to various queries raised by corporate India, SEBI has come out with standard format for reporting of Insider Trading Compliance violations. The form clearly suggest that the Insider ...

Disruptive and innovative technology has made inroads into almost every dimension of corporate  governance. The emergence of board meeting software has as resulted in a paradigm shift in the way board meetings are conducted and run. Nowadays board meetings are carried out, literally at one’s fingertips through iPADs and mobile technologies that facilitates anytime and anywhere participation in board meetings, ...

Unpublished Price-Sensitive Information (UPSIs) are truly confidential and any leakage to unauthorized people can create big reputational, financial and governance loss to listed companies in India. Data on shared cloud is not in control of company and prone to hack, un-intentional sharing and may give access to many unauthorized people. This can lead to non-compliance. In December 2018, SEBI came ...