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Notifications/Circulars

Pilot scheme for Offline Retail Payments using Cards/ Wallets/Mobile Devices

August 6, 2020 735 Views 0 comment Print

Under the pilot scheme, payment system operators (PSO) – banks and non-banks – may offer digital payments offline, i.e., payments that do not require internet connectivity to take effect. The payment solutions provided to users shall be subject to the following terms and conditions :-

RBI: Online Dispute Resolution (ODR) System for Digital Payments

August 6, 2020 3015 Views 0 comment Print

The Payment System Vision-2021 of Reserve Bank highlights the need for technology-driven, rule-based, customer-friendly and transparent dispute redressal systems. As a step in this direction, authorised Payment System Operators (PSOs) – banks and non-banks – and their participants are hereby advised to put in place system/s for ODR for resolving disputes and grievances of customers.

CBIC notifies Rate of Exchange of Foreign Currencies wef 6.8.2020

August 6, 2020 1281 Views 0 comment Print

CBIC notifies Rate of Exchange of Foreign Currencies against India Rupees wef 07.08.2020 vide Notification No. 69/2020-Customs (N.T.), Dated: 6th August, 2020. Government Of India Ministry Of Finance (Department Of Revenue) (Central Board Of Indirect Taxes And Customs) ***** Notification No. 69/2020 – Customs (N.T.) New Delhi, dated the 6th August, 2020 In exercise of […]

Tariff Notification No. 68/2020-Customs (N.T.), Dated 06.08.2020

August 6, 2020 855 Views 0 comment Print

Tariff Notification No. 68/2020-Customs (N.T.), Dated : 06.08.2020 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 68/2020-Customs (N.T.) New Delhi, the 6th August, 2020 S.O. 2645(E). In exercise […]

Clarification on existing EM Part-II/ UAM/New Udyam Registration-reg.

August 6, 2020 14046 Views 2 comments Print

MSME Clarification on existing Entrepreneurs Memorandum (EM) Part-II/Udyog Aadhaar Memorandum (UAM)/New Udyam Registration dated 6th  August, 2020 No. 2/1(5)/2019- P&G/Policy (pt. IV) Ministry  of MSME Office of the Development  Commissioner(MSME) Ministry of Micro, Small & Medium Enterprises (MSME Policy Division) ****** Dated: 6th  August, 2020 Nirman Bhavan, New Delhi OFFICE MEMORANDUM Subject: Clarification on existing […]

Sunset Review Investigation of ADD imposed on imports of Phosphoric Acid

August 6, 2020 609 Views 0 comment Print

Sunset Review Investigation of Anti-Dumping duty imposed on imports of Phosphoric Acid of all grades and all concentrations (excluding Agriculture/Fertilizer Grade) originating in or exported from Korea RP

Important Judgment and Orders related to Liquidation Process

August 5, 2020 26262 Views 1 comment Print

The Adjudicating Authority (AA), the National Company Law Appellate Tribunal (NCLAT), and High Courts, through their orders and judgements, have guided liquidators in the conduct of liquidation process. This communication presents a few significant directions and observations from these orders and judgements, which an IP may find useful. These are presented under the following six broad categories:

Govt notifies Aadhaar Authentication Rules for Good Governance

August 5, 2020 1350 Views 0 comment Print

Central Government may allow Aadhaar authentication by requesting entities in the interest of good governance, preventing leakage of public funds, promoting ease of living of residents and enabling better access to services for them, for the following purposes, namely:–

SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2020

August 5, 2020 2337 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2020. 2. They shall come into force on the date of their publication in the Official Gazette.

IBBI (Liquidation Process) (Third Amendment) Regulations, 2020

August 5, 2020 990 Views 0 comment Print

The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India (Liquidation Process) (Third Amendment) Regulations, 2020 today.

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