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Vivad Se Vishwas I – Relief for MSMEs

  06 Feb 2023   0 comment
No.F.1/1/2023-PPD (06/02/2023)  
Government provides a big relief to MSMEs for COVID-19 period; fulfils promise announced in Union Budget 2023-24 95% of bid or performance security forfeited for failure to execute contracts to be refunded; No interest shall be paid on such refunded amount Relief provided in all contracts for procurement of Goods and Services, entered int...
Posted Under: Corporate Law |

More Than 5 Crore Indian Citizen Subscribed to Atal Pension Yojana (APY)

  01 Feb 2023   0 comment
APY, the flagship social security scheme of the Government of India, which was launched on 9th May 2015, with the objective to provide old age income security to all Citizens of India, particularly to the people working in the unorganised sectors, has recently crossed the landmark of 5 crore enrolments. The scheme has done very […]...
Posted Under: Corporate Law |

Key To Budget Documents Budget 2023-2024

  01 Feb 2023   0 comment
List of Budget documents presented to Parliament includes Budget 2023 Speech, Annual Financial Statement, Demands for Grants, Finance Bill...
Posted Under: Corporate Law |

3 Grievance Appellate Committees Notified on recently amended IT Rules 2021

  29 Jan 2023   0 comment
Centre today established three Grievance Appellate Committees based on the recently amended Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021...
Posted Under: Corporate Law |

Large Companies must take responsibility to handhold MSMEs

  24 Jan 2023   0 comment
Large Companies must take responsibility to handhold MSMEs, help them adapt best practices and integrate them into the supply chain ecosystem: Shri Goyal at Fourth Plenary session of B20 India Inception Meeting To become a trusted and resilient partner in global value chains, Government is focusing on creating an enabling ecosystem, that ...
Posted Under: Corporate Law |

Obtain residents’ informed consent before conducting Aadhaar authentication

  24 Jan 2023   0 comment
Obtain residents’ informed consent before conducting Aadhaar authentication: UIDAI to Requesting Entities Entities are required to obtain residents’ informed consent either on paper or electronically before carrying out Aadhaar authentications, the Unique Identification Authority of India (UIDAI) has highlighted in its new guidelines ...
Posted Under: Corporate Law |

Centre releases endorsement guidelines for Celebs & Social Media Influencers

  21 Jan 2023   0 comment
Centre releases endorsement guidelines for Celebs and Social Media Influencers Disclosures must be prominently and clearly displayed in the endorsement Use terms ‘advertisement’, ‘sponsored’ or ‘paid promotion’ for endorsements: Guidelines The Department of Consumer Affairs under Ministry of Consumer Affairs, Food and Public D...
Posted Under: Corporate Law |

Invitation of comments from public on changes being considered to IBC, 2016

  21 Jan 2023   0 comment
To strengthen functioning of IBC, changes to Code are being considered in relation to admission of corporate insolvency resolution process (CHIP) applications, streamlining the insolvency resolution process, recasting the liquidation process, and role of service providers under Code....
Posted Under: Corporate Law |

Report of Cross-Border Insolvency Rules/Regulation Committee-II on Group Insolvency

  21 Jan 2023   0 comment
A group insolvency framework that is voluntary, flexible and enabling in nature should be provided under the Code. Such a framework may be introduced in phases. In the first phase, only provisions governing domestic group insolvency may be enacted....
Posted Under: Corporate Law |

Launch of electronic version of Supreme Court of Report (e-SCR) by SC of India

  17 Jan 2023   0 comment
As directed by Hon'ble the Chief Justice, this is to convey for benefit of all the stakeholders that, Hon'ble the Supreme Court of India has launched a digital version of judgments of the Supreme Court of India as reported in 'Supreme Court Reports'....
Posted Under: Corporate Law |

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