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Discussion Paper on 3 ‘S’ of Climate changes released

Ministry of Finance releases Discussion Paper entitled 3 Essential S of Climate Finance - Scope, Scale and Speed: A Reflection on the sidelines of COP 24 in Katowice, Poland ...

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Posted Under: Corporate Law |

Insolvency Professionals to act as Interim Resolution Professionals and Liquidators (Recommendation) (Second) Guidelines, 2018

Section 16(3)(a) of the Insolvency and Bankruptcy Code, 2016 (Code) requires the Adjudicating Authority (AA) to make a reference to the Insolvency and Bankruptcy Board of India (Board) for recommendation of an insolvency professional (IP) who may act as an interim resolution professional (IRP) in case an operational creditor has made an a...

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Posted Under: Corporate Law |

Analysis of top 100 bank frauds by central vigilance commission

The rising trend in Bank frauds has been a cause of concern at all levels. In view of the alarming rise in Bank frauds, the Central Vigilance Commission has undertaken a review and analysis of top 100 Banks Frauds, as on 31.03.2017....

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Posted Under: Corporate Law |

Cabinet approves Allied and Healthcare Professions Bill, 2018

Cabinet approves the Allied and Healthcare Professions Bill, 2018 for regulation and standardisation of education and services by allied and healthcare professionals...

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Posted Under: Corporate Law |

Extension of Norms for Mandatory Packaging in Jute Materials 

The CCEA approved that 100% of the food grains and 20% of the sugar shall be mandatorily packed in diversified jute bags. The decision to pack sugar in diversified jute bags will give an impetus to the diversification of the jute industry....

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Posted Under: Corporate Law |

MCA Invites public comments on Competition Act, 2002

The Ministry of Corporate Affairs (MCA) constituted a Competition Law Review Committee to review the competition Act/Rules/Regulations in view of changing business environment and bring necessary changes, if required....

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Posted Under: Corporate Law |

Maternity Leave Incentive Scheme is not yet notified

There are some media reports that this Maternity Leave Incentive Scheme has been approved/notified. However, it is clarified that Ministry of Labour & Employment is in the process of obtaining necessary budgetary grant and approvals of Competent Authorities. ...

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Posted Under: Corporate Law |

RERA is bringing positive transformative changes in the industry

As we are in the 2nd year of the implementation of RERA, I am happy to note all the States/UTs have notified Rules under RERA except for 6 North Eastern States and the state of West Bengal...

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Posted Under: Corporate Law |

Liberalization of visa regime of India during the last one year 

India has a robust visa regime to facilitate smooth entry, stay and movement of foreigners in India for legitimate purposes while ensuring the security of the country. During the last one year, the MHA has taken a series of steps to liberalize the visa process in India. ...

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Posted Under: Corporate Law |

Cabinet approves Laying down mechanism for sale of enemy shares

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the mechanism and procedure for sale of the enemy shares. Details are as follows: i. ‘In principle’ approval has been accorded for sale of enemy shares under the Custody of Ministry of Home Affairs/ Custodian of Enemy Property of India (CEPI), as per sub-sect...

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Posted Under: Corporate Law |

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