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RTIs related to J&K UT Administration to come under CIC jurisdiction

Applications filed under the Right to Information (RTI) Act related to Offices in Jammu and Kashmir under the Union Territory Administration will soon come under the jurisdiction of the Central Information Commission CIC). ...

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Posted Under: Corporate Law |

Draft Guidelines on Standardization of General Clauses in Health Insurance Policy Contracts

The Objective of Guidelines on Standardization of General Clauses in Health Insurance Policy Contracts s is to standardize the common general clauses incorporated in indemnity based Health Insurance [excluding Personal Accident (hereinafter called as PA) and Domestic / Overseas Travel] products covering Hospitalization, Domiciliary hospit...

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Posted Under: Corporate Law |

Market Study on E-commerce in India: Key Findings

The Market Study on E-commerce in India (‘the study’) was initiated by the CCI in April 2019 with a view to better understand the functioning of e-commerce in India and its implications for markets and competition....

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Posted Under: Corporate Law |

MSME Samadhaan portal integrated with IU of NESL to help MSEs

For the convenience of Micro & Small Enterprises (MSEs), we have now integrated the `MSME Samadhaan’ portal with the `Information Utility (IU)’ of National e-Governance Services Ltd. (NeSL) enabling following steps....

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Posted Under: Corporate Law |

No Change in Threshold of 20 or more Employees under EPF & MP Act

Ministry of Labour and Employment denies the media reports published in some newspapers today that the applicability threshold has been brought down from present establishment with 20 or more employees to 10 or more employees for the purpose of application of Employees Provident Fund and Miscellaneous Provisions Act 1952 (EPF & MP Act)....

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Posted Under: Corporate Law |

10 Legal Licenses Required to Start a Food Business in India

Food Business in India is one of the most lucrative and trending businesses right now. In this digital era, anyone can order food anytime anywhere. People are enjoying their meal at doorstep using online food portals. This is how the food sector has experienced tremendous growth in the past couple of years with the introduction […]...

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Posted Under: Corporate Law |

Cabinet approves Promulgation of IBC (Amendment) Ordinance, 2019

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi approved a proposal to promulgate an Ordinance and to amend the Insolvency and Bankruptcy Code, 2016....

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Posted Under: Corporate Law |

Industry must Reduce Dependence on Imported Goods: Piyush Goyal

Piyush Goyal,Minister for Commerce and Industry and Railways, addressed the inaugural sessionat the Exports Summit 2019 organised by the Confederation of Indian Industry (CII) in New Delhi today. He emphasized that Indian industry must be enabled and empowered to take advantage of global value chains....

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Posted Under: Corporate Law |

Amendments approved in interest subvention scheme for MSMEs

1. Settlement of claims based on internal / concurrent auditor certificate and submission of  statutory auditor’s certificate once by June 30, 2020; 2. Acceptance of claims in multiple lots for a given half year by eligible institutions;...

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Posted Under: Corporate Law |

Year End Review -2019 of Ministry of Corporate Affairs

A number of steps to provide Ease of Doing Business to law abiding corporates have been implemented by the Ministry in the recent past, which are as follows : codeIntegrated Incorporation Form - Simplified Proforma for Incorporating Company Electronically (SPICe) introduced which extends 8 services (CIN, PAN, TIN, DIN, Name, EPFO, ESIC an...

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Posted Under: Corporate Law |