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Notifications/Circulars

IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations 2020

April 20, 2020 1248 Views 0 comment Print

These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2020. They shall be deemed to have come into force from the 29th March, 2020.

IBBI (Insolvency Professionals) (Amendment) Regulations, 2020 notified

April 20, 2020 1137 Views 0 comment Print

These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, 2020. They shall be deemed to have come into force from the 28th March, 2020.

Supply of non-essential goods by E-commerce companies prohibited

April 19, 2020 780 Views 0 comment Print

It has been clarified by Ministry of Home Affairs that supply of non-essential goods by e-commerce companies will remain prohibited during lockdown. Text of the relevant MHA Order is as follows:- No. 40-3/2020-DM-I(A) Government of India Ministry of Home Affairs North Block, New Delhi-110001 Dated 19th April, 2020 ORDER In continuation of Ministry of Home […]

CBDT revising Income Tax return forms due to Covid-19

April 19, 2020 7704 Views 1 comment Print

In order to enable income taxpayers to avail full benefits of various timeline extensions granted by the Government of India due to Covid-19 pandemic situations, the CBDT is revising the return forms for FY 2019-20 (Assessment Year 2020-21) which shall be notified by the end of this month.

SOP for movement of stranded labour within the State and UT

April 19, 2020 909 Views 0 comment Print

Due to the spread of COVID-19 virus, workers employed in industry, agriculture, construction and other sectors have moved from their respective places of work, and are housed in relief/ shelter camps being run by State/ UT Governments. Since additional new activities, outside the containment zones, have been permitted in the consolidated revised guidelines with effect […]

Norms on settlement of health insurance claims

April 18, 2020 1299 Views 0 comment Print

Decision on authorization for cashless treatment shall be communicated to the network provider (hospital) within two hours from the time of receipt of authorization request and last necessary requirement from the hospital either to the insurer or to the TPA whichever is earlier.

Additional relaxation in compliance with SEBI LODR Regulations, 2015

April 17, 2020 5298 Views 0 comment Print

Additional Relaxations/Clarifications in Relation to Compliance With Certain Provisions of The SEBI LODR Regulations, 2015 Due to The COVID –19 Pandemic: SEBI vide its circular dated April 17, 2020, in continuation with its circular dated March 19, 2020 and March 26, 2020, has decided to grant the following further additional relaxations regarding provisions of the […]

SEBI LODR Relaxations due to Lockdown 2.0

April 17, 2020 4611 Views 0 comment Print

SEBI vide Circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/63 dated 17th April, 2020, published Additional relaxations / clarifications in relation to compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘LODR’) due to the COVID – 19 pandemic Relaxations are given under: Regulation 29 (2) of LODR Regulations Regulation 39 (3) of LODR Regulations […]

Procedure for allocation of quota for import of Calcined Pet Coke & Raw Pet Coke

April 17, 2020 1440 Views 0 comment Print

Procedure for allocation of quota for import of (i) Calcined Pet Coke for use as Calcined Pet coke (CPC) in Aluminium Industry and (ii) Raw Pet Coke for CPC manufacturing industry for the year 2020-2021 is notified. Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Public Notice  […]

Govt restricts FDI from Countries with which India share Land Border

April 17, 2020 9627 Views 0 comment Print

A non-resident entity can invest in India, subject to the FDI Policy except in those sectors/activities which are prohibited. However, an entity of a country, which shares land border with India or where the beneficial owner of an investment into India is situated in or is a citizen of any such country, can invest only under the Government route. Further, a citizen of Pakistan or an entity incorporated in Pakistan can invest, only under the Government route, in sectors/activities other than defence, space, atomic energy and sectors/activities prohibited for foreign investment.

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