IBBI revises liquidation regulations, introducing compliance updates, filing requirements, and due diligence for bidders under the Insolvency and Bankruptcy Code.
IBBI amends Voluntary Liquidation Process Regulations, 2025, introducing new filing timelines, form submissions, and compliance requirements for liquidators.
IBBI revises grievance handling rules, changing complaint timelines to start after all legal proceedings are closed. Effective upon Gazette publication.
IBBI amends Inspection and Investigation Regulations 2017, clarifying the term “associated” in the context of investigation and inspection activities.
IBBI notifies amendments to Model Bye-Laws and Governing Board of Insolvency Professional Agencies Regulations, extending specific timelines for compliance.
Shri Chaitanya Health and Care Trust’s Bhaktivedanta Hospital approved for scientific research under Section 35(1)(ii) of the Income-Tax Act for AY 2025-26 to 2029-30.
CBDT amends Income-Tax Rules, 1962, defining conditions for venture funds, finance companies, and retail schemes in IFSCs under Sections 10 and 94B of the IT Act.
Unified Pension Scheme under NPS offers assured payouts to Central Government employees, effective April 1, 2025, with flexible contributions and family benefits.
India updates Glufosinate import rules, restricting imports below Rs. 1289/kg and allowing free imports above this value. Effective until January 2026.
Amendment to NDPS Order 2013 includes new substances in Schedules B & C for stricter regulation under the NDPS Act, 1985. Effective January 23, 2025.
