Corporate Law notification

Revised user charges for SEZ-Online services effective from 15.11.2021

Circulars No. K-43014(22)/32/2020-SEZ 02/12/2021

Revised user charges for SEZ-Online services will be as under and would be effective from 15.11.2021 No. K-43014(22)/32/2020-SEZ Government of India Ministry of Commerce & Industry Department of Commerce SEZ Division *** Udyog Bhawan New Delhi, Dated the 2nd December, 2021 CIRCULAR Department of Commerce (DoC) had received various req...

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Advisory for rigorous screening & testing of all international arrivals

Order No. 40-3/2020-DM-I(A) 30/11/2021

Further the contacts of these international travelers must also be closely tracked and tested as per MoHFW guidelines and the samples of travelers turning positive are sent to the designated INSACOG Genome Sequencing Laboratories (IGSLs) promptly, as per the Indian SARS-CoV-2 Genomics Consortium (INSACOG) Guidance Document....

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Limited Insolvency Examination w.e.f 1st March 2022

Press Release No. IBBI/PR/2021/33 30/11/2021

The Insolvency and Bankruptcy Board of India hereby publishes the syllabus and details of the Limited Insolvency Examination (Examination) under regulation 3 (3) of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 for the examination to be conducted from 1st March 2022....

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Lok Sabha Passes Farm Laws Repeal Bill, 2021

Bill No. 143-C of 2021 29/11/2021

AS PASSED BY LOK SABHA ON 29-11-2021 Bill No. 143-C of 2021 THE FARM LAWS REPEAL BILL, 2021 A BILL to repeal the Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Act, 2020, the Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, 2020, the Essential Commodities (Amendment) Act, 202...

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Govt issued advisory to States in view of new Covid variant Omicron

Notification No. DO No. Z.28015/185/2021-DMCell 27/11/2021

As a proactive step, Government has already placed countries where this VoC has been found in the category of 'At-Risk' countries for additional follow up measures of international travelers coming into India from these countries....

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Maharashtra govt issues fresh Covid-19 guidelines

No. DMU/2020/CR.92/DisM-1 27/11/2021

As per new Travellers Covid-19 guidelines coming to Maharashtra state from any international destination shall be governed by directions of govt of India in this respect. Domestic travellers coming to Maharashtra shall either be fully vaccinated or carry RT-PCR test valid for 72 hrs. GOVERNMENT OF MAHARASHTRA Department of Revenue and For...

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No violation by IP if he appoints internal auditor for ensuring transparency

Order No. IBBI/DC/78/2021 25/11/2021

The DC notes the submission of Mr. Garg as to the allegation of charging the fee of the independent auditors to CIRP cost that there was a complete mistrust between the allottees & the Corporate Debtor. To bridge that mistrust between the Corporate Debtor & the allottees and for ensuring disclosure and greater transparency in [&he...

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Filing of list of creditors under IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016

Circular No. IBBI/CIRP/47/2021 24/11/2021

IBBI issued the Circular No. IBBI/CIRP/36/2020 dated 27th November, 2020 directing the IP to file the list of creditors and modification thereof in the stipulated format on electronic platform viz.

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A person cannot register as valuer if serious criminal proceeding pending against him

NA 24/11/2021

Pendency of the serious criminal proceeding against the applicant, as noted above, adversely impacts his reputation and makes him a person who is not ‘fit and proper’ to be eligible as a registered valuer. INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (Authority specified by the Central Government under section 458 of the Companies Act, 20...

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Filing of list of stakeholders under IBBI (Liquidation Process) Regulations, 2016

Circular No. IBBI/LIQ/46/2021 24/11/2021

IBBI clarifies on issues in Filing of list of stakeholders under clause (d) of sub-regulation (5) of regulation 31 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016. Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, New Delhi – 110001 CIRCULAR No. IBBI/LIQ/46/2021 24...

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December 2021