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Notifications/Circulars

Lockdown period shall not be counted for CIRP Activities: IBBI

March 29, 2020 1839 Views 0 comment Print

1) These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2020. (2) They shall come into force on the 29th March, 2020.

Consolidated Lockdown guidelines and migrant labourers

March 29, 2020 13971 Views 0 comment Print

Ajay Bhalla, IAS Home Secretary Government of India North Block, New Delhi DO No. 40-3/2020-DM-I(A) Date : 29th March, 2020 Dear Kindly refer to my DO letter of even no 24th March 2020 wherein an Order dated 24.03.2020 under Section 10(2)(1) of the Disaster Management Act, 2005 along with lockdown measures to be taken by […]

Contribution to PM CARES Fund shall qualify as CSR expenditure

March 28, 2020 12087 Views 1 comment Print

The PM-CARES Fund has been set up to provide relief to those affected by any kind of emergency or distress situation. Accordingly, it is clarified that any contribution made to the PM CARES Fund shall qualify as CSR expenditure under the Companies Act 2013.

Changes in Branch Names of Merged PSU Banks from April 1, 2020

March 28, 2020 4749 Views 1 comment Print

RBI issues Press Rleases on 28.03.2020 specifying that Branches of Allahabad Bank to operate as branches of Indian Bank from April 1, 2020, Branches of Andhra Bank and Corporation Bank to operate as branches of Union Bank of India from April 1, 2020, Branches of Oriental Bank of Commerce and United Bank of India to […]

Advance to EPF members in crisis situation emerging due to COVID-19 pandemic

March 28, 2020 3081 Views 2 comments Print

The Covid-19 has been declared a Pandemic by Government of India for the entire country and therefore the members of the EPF have become eligible for the benefits of non-refundable advance under the sub-para 68(3)(L) which has come into force vide Ministry of Labour, Govt of India Notification GSR 225 (E) dated 27.03.2020 as published in the Gazette of India (Extraordinary) Part II- Section 3-sub section (1) on 28.03.2020.

DRAFT IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2020

March 28, 2020 741 Views 0 comment Print

(1) These regulations may be called the Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2020. (2) They shall come into force on the 28th March, 2020.

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

March 28, 2020 786 Views 0 comment Print

1. (1) These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, 2020. (2) They shall come into force on the 28th March, 2020.

Govt notifies annual quota for fiscal year 2020–21 for Peas, Moong, Tur

March 28, 2020 2337 Views 0 comment Print

Central Government hereby notifies the annual quota for the fiscal year 2020–21 for Yellow Peas, Grean Peas, Moong (Beans of the SPP Vigna Radiata (L.) Wilczek) and Tur/Pigeon peas (Cajanus cajan). MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) NOTIFICATION New Delhi, the 28th March, 2020 S.O. 1225(E).—In exercise of powers conferred by section 3 […]

Retrospective issuance of Certificates of Origin under India’s Trade Agreements

March 28, 2020 7398 Views 0 comment Print

On account of the lockdown/curfew in India due to the COVID-19 pandemic, the Indian agencies authorised, in accordance with Para 2.103 of Handbook of Procedure, 2015-2020, to issue the certificate of origin under India’s free trade agreements (FTAs), comprehensive economic cooperation agreements (CECA), comprehensive economic partnership agreements (CEPA) and preferential trade agreements (PTAs) are temporarily closed and unable to issue the certificate of origin.

Advisory on Functioning of Bank Branches & Banking Correspondents

March 27, 2020 975 Views 0 comment Print

This is with reference to the lockdown which is in effect across the country on account of the Corona Virus (COVID-19) pandemic. The Department of Financial Services (DFS) has been monitoring the status of functioning of bank branches and banking correspondents from day to day.

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