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10 Basic Legal & Regulatory Registrations for Every Business in India

Are you all set to dive right into your Start-up? Or are you already running a successful business but still not, sure if you have obtained all regulatory registrations? Here is a list of 10 essentials business registrations that your business will need to keep your legal and regulatory compliance on point! 1. PAN (Permanent […]...

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Posted Under: Corporate Law |

How to get Pollution License/Certificate for business in India?

If you are planning on starting any business which could potentially generate pollutants such as chemical waste, detergent washing, fly ashes, smoke emissions (including cooking smoke), medical waste to name a few – also referred to as trade effluents, then you will need to make an application to the respective State Pollution Control B...

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Posted Under: Corporate Law |

Cabinet approves IBC (Second Amendment) Bill, 2019

Union Cabinet approved the proposal to make amendments in the Insolvency and Bankruptcy Code, 2016, through the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019.  ...

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Posted Under: Corporate Law |

MOS Finance: DRI must employ new-age technology to fight smuggling networks

Ministry of Finance MOS Finance: DRI must employ new-age technology to fight smuggling networks Posted On: 04 DEC 2019 Shri Anurag Thakur, Minister of State for Finance & Corporate Affairs, said that sharing information, using data analytics and usage of non-intrusive technologies should be harnessed to effectively battle the modus op...

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Posted Under: Corporate Law |

18,782 cases filed under Insolvency & Bankruptcy Code

Ministry of Corporate Affairs 18,782 cases filed under Insolvency & Bankruptcy Code Posted On: 03 DEC 2019 4:20PM by PIB Delhi As on 30th June, 2019, a total of 18,782 cases have been filed under Insolvency and Bankruptcy Code (IBC), 2016, of which 2,173 cases have been admitted under IBC. Out of 2,173 admitted cases, 1,274 […...

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Posted Under: Corporate Law |

Bill to Ban use of Electronic Cigarettes Introduced in Lok Sabha

http://164.100.47.4/BillsTexts/LSBillTexts/PassedLoksabha/342-C_2019_LS_Eng.pdf...

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Posted Under: Corporate Law |

IRDAI Exposure Draft – Revisiting product structure for Motor Own Damage

Currently, the wordings, terms and conditions in respect of the basic policy for Motor Own Damage cover are driven by the erstwhile India Motor Tariff, 2000. However, insurers have been permitted to sell add-ons to the basic cover within the framework provided under the extant Product Filing Guidelines for General Insurance....

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Posted Under: Corporate Law |

Several measures taken to ensure timely payments to MSMEs

Union Government is aware that MSMEs are facing challenges in getting due payments on time from large corporations. In order to ensure timely payments and to prevent their accounts from being treated as Non-Performing Assets (NPAs), Government has taken following steps:...

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Posted Under: Corporate Law |

Cabinet approves reduction of GOI equity in select CPSEs below 51%

Cabinet approves reduction of Government of India (GOI) equity shareholding in select CPSEs below 51% by retaining management control The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi has accorded ‘in-principle’ approval for enabling reductionof Government of India paid-up share capital be...

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Posted Under: Corporate Law |

Cabinet approves proposal to Mitigate financial stress of Telecom Services Sector

Department of Telecommunication will give an option to the Telecom Service Providers (TSPs) to defer payment of the spectrum auction instalments due for 2020-21 & 2021-22, either for one or both years.  These deferred amounts bill be spread equally in the remaining instalments to be paid by TSPs. Interest as stipulated while auctioning o...

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Posted Under: Corporate Law |