Corporate Law notification

Government Reduces Rate of ESI Contribution from 6.5% to 4%

G.S.R. 423(E) (13/06/2019)

The Government of India has taken a historic decision to reduce the rate of contribution under the ESI Act from 6.5% to 4%(employers’ contribution being reduced from 4.75% to 3.25% and employees’ contribution being reduced from 1.75% to 0.75%). Reduced rates will be effective from 01.07.2019.This would benefit 3.6 crore employees and ...

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Understanding Insolvency and Bankruptcy Code, 2016

Press Release No. IBBI/PR/2019/16 (09/06/2019)

Hon’ble Mr. Justice M. M. Kumar, President, National Company Law Tribunal (NCLT) released a publication titled ‘Understanding the Insolvency and Bankruptcy Code, 2016: Analysing developments in jurisprudence’, jointly prepared by the Insolvency and Bankruptcy Board of India and Vidhi Centre for Legal Policy....

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FCRA registered associations to intimate online of change in their office bearers/key functionaries

F.No. II/21022/36(0207)/2015-FCRA-II (07/06/2019)

ll associations/persons who have been granted a certificate of registration and who have effected any change/modification in the details of their office bearers/key functionaries after their registration are hereby called upon to submit online application for additions/deletion/change of details in the statutory FORM FC-6E  about such of...

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 Provision of e-Nomination at Member Interface at Unified EPFO Portal

No NDC/2017/UAN/Pt./3143 (06/06/2019)

A facility for filing of online e-nomination is available at Member Interface of Unified Portal. In order to make this functionality compatible with online Form 10D claim to be filed by members and online composite claim Form 10D/20/5IF to be filed by nominees, some modifications have been incorporated in consultation with the ...

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MahaRERA: Procedure for transferring or assigning promoter’s rights and liabilities to a third party

Circular No:  24/2019  (04/06/2019)

Whereas, in accordance with Section 15 of the Real Estate (Regulation and Development) Act, 2016, the promoter shall not transfer or assign his majority rights and liabilities in respect of a real estate project to a third party without obtaining prior written consent from two-third allottees, except the promoter, and without the prior wr...

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Draft Patents (Amendment) Rules 2019

G.S.R.396(E) (31/05/2019)

DRAFT RULES 1) These rules may be called the Patents (Amendment) Rules, 2019. 2) In rule 21 of the Patents Rules, 2003 (hereinafter referred to as the principal rules), for sub-rule (2) and (3), the following sub-rules shall be substituted, namely:‑...

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Draft Copyright (Amendment) Rules, 2019

G.S.R. 393(E). (30/05/2019)

The following draft of certain rules to amend Copyright Rules, 2013 is hereby given and the draft will be taken into consideration after the expiry of a period of thirty days after 30th May, 2019. Objections or suggestion, if any, may be sent to the Joint Secretary to the Government of India, Ministry of Commerce […]...

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List of candidate won in recent Lok Sabha Election

O.N. 136(E) (25/05/2019)

Partywise, Statewise and Constituency list of candidate won in recent Lok Sabha Election ELECTION COMMISSION OF INDIA NOTIFICATION New Delhi, the 25th May, 2019 .—Whereas, in pursuance of the Notifications No. H.11024(1)/2019-Leg-II, issued by the President of India on 18th March 2019, 19th March 2019, 28th March 2019, 2nd April, 20...

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IBBI reject application for registration as IP as applicant was not having requisite experience in managerial capacity

As per regulation 5 (c) (iii) of the Regulations, an individual is eligible for registration as an IP, if he has fifteen years of experience in management, after receiving a bachelor’s degree from a university established or recognised by law. After seeking and considering the details of employment of the applicant, the Board felt that ...

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SEZ: Management &Business Consultant services is authorized service

Instruction No. 94 (08/05/2019)

The representations from stakeholders have been received in this Department for inclusion of Management and Business Consultant Services in the list of default authorized services. The matter was deliberated upon by the Board of Approval in its 85th meeting held and it was decided that Management and Business Consultant Services may be in...

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