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Legislation Updates

Legislation UpdatesNotifications

RBI extends regulatory restrictions on PMC Bank for a further period of 3 months

Punjab and Maharashtra Cooperative Bank Limited, Mumbai, Maharashtra, a Multi-State Urban Cooperative Bank was placed under All-Inclusive Directions under sub-section (1) of

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Published on March 23, 2020March 22, 2020By Bhumika Indulia
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Legislation UpdatesNotifications

Amendments made in Constitution (Scheduled Tribes) Order, 1950 — List of Scheduled Tribes modified

An Act further to amend the Constitution (Scheduled Tribes) Order, 1950 to modify the list of the Scheduled Tribes in the State

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Published on March 22, 2020By Bhumika Indulia
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Legislation UpdatesNotifications

Corona Virus | MoHFW notifies the guidelines for testing of COVID-19 in private laboratories

The guidelines laid down by Indian Council of Medical Research for COVID-19 testing in private laboratories in India is notified vide Clause

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Published on March 22, 2020April 1, 2020By Bhumika Indulia
1 Comment1751 views
Legislation UpdatesNotifications

Regulatory measures taken by SEBI in view of ongoing market volatility owing to concerns with regard to — COVID-19

1. In the recent past, world over, the stock markets have been quite volatile owing to concerns relating to COVID-19 pandemic and

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Published on March 21, 2020March 21, 2020By Bhumika Indulia
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Legislation UpdatesNotifications

SEBI relaxes compliance of certain provisions of — SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 due to CoVID -19 virus pandemic

Considering the CoVID 19 pandemic, SEBI vide Circular dated March 19, 2020 has decided to grant temporary relaxations from certain compliance stipulations specified

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Published on March 21, 2020April 1, 2020By Bhumika Indulia
Leave a comment1567 views
Legislation UpdatesStatutes/Bills/Ordinances

Lok Sabha passes Indian Institutes of Information Technology Laws (Amendment) Bill, 2020

Lok Sabha passed the Indian Institutes of Information Technology Laws (Amendment) Bill, 2020 in New Delhi. The Indian Institutes of Information Technology

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Published on March 21, 2020March 21, 2020By Bhumika Indulia
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Legislation UpdatesNotifications

Export of  Masks, Ventilators and textile raw material for masks and coveralls prohibited

The export of Ventilators, Surgical/ Disposable Masks  (2/3 ply) and Textile raw material used for masks and coveralls  has been prohibited with

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Published on March 21, 2020April 1, 2020By Bhumika Indulia
Leave a comment2460 views
Legislation UpdatesRules & Regulations

Ministry of Finance notifies — Securities Contracts (Regulation) (Amendment) Rules, 2020

G.S.R. 189(E).—In exercise of the powers conferred by section 30 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956), the Central

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Published on March 20, 2020March 20, 2020By Bhumika Indulia
Leave a comment3145 views
Legislation UpdatesNotifications

COVID-19| Prices of Alcohols used in manufacturing hand sanitizers capped under Essential Commodities Act, 1955

In view the ongoing outbreak of COVID-19 (Corona Virus) and concern of the logistics for COVID 19 management particularly during last couple

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Published on March 20, 2020April 1, 2020By Bhumika Indulia
5 Comments2750 views
Legislation UpdatesStatutes/Bills/Ordinances

Aircraft (Amendment) Bill, 2020 — Passed by Lok Sabha; Aircraft Accidents Investigation Bureau to be constituted to investigate aircraft accidents

Lok Sabha passed the Aircraft ( Amendment) Bill, 2020 on 17-03-2020. A Bill further to amend the Aircraft Act, 1934. This Act

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Published on March 18, 2020March 18, 2020By Bhumika Indulia
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Legislation UpdatesStatutes/Bills/Ordinances

The Medical Termination of Pregnancy (Amendment) Bill, 2020 passed by Lok Sabha; Enhancing upper gestation limit from 20 to 24 weeks

With the passage of time and advancement of medical technology for safe abortion, there is a scope for increasing upper gestational limit

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Published on March 18, 2020March 19, 2020By Bhumika Indulia
Leave a comment3826 views
Legislation UpdatesNotifications

Exemption Notification | Banking Co. exempted from application of Ss. 5 & 6 of Competition Act, 2002 for a period of 5 years

In exercise of the powers conferred by clause (a) of section 54 of the Competition Act, 2002 (12 of 2003), the Central

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Published on March 18, 2020March 18, 2020By Bhumika Indulia
Leave a comment2184 views
Legislation UpdatesRules & Regulations

The Companies (Incorporation) Second Amendment Rules, 2020

G.S.R. 169(E).—In exercise of the powers conferred by section 3, sub-section (1) of section 7 and sub-sections (1) and (2) of section

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Published on March 18, 2020March 18, 2020By Bhumika Indulia
Leave a comment2186 views
Legislation UpdatesStatutes/Bills/Ordinances

President gives assent to — The Direct Tax Vivad se Vishwas Act, 2020; Act to provide resolution of disputed tax

The Direct Tax Vivad se Vishwas Act, 2020 is an Act of Parliament that received assent of President on 17-03-2020. It is

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Published on March 17, 2020March 17, 2020By Bhumika Indulia
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Legislation UpdatesStatutes/Bills/Ordinances

Companies Amendment Bill, 2020 introduced in Lok Sabha — To decriminalise certain offences

Companies Amendment Bill, 2020 introduced in Lok Sabha on 17-03-2020. In view of constant endeavour of the Government to facilitate greater ease

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Published on March 17, 2020March 18, 2020By Bhumika Indulia
Leave a comment3665 views
Legislation UpdatesNotifications

Advisory on Social Distancing Measure in view of spread of COVID-19 disease

Ministry of Health and Family Welfare notifies — Advisory on Social Distancing Measure in view of spread of COVID-19 disease. Social distancing

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Published on March 17, 2020April 1, 2020By Bhumika Indulia
1 Comment2602 views
Legislation UpdatesStatutes/Bills/Ordinances

Central Sanskrit Universities Bill, 2020 has been passed by the Parliament

The Central Sanskrit Universities Bill, 2020 has been passed by the Parliament. The Lok Sabha had already passed the Bill on 12th

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Published on March 17, 2020March 16, 2020By Bhumika Indulia
Leave a comment3437 views
Legislation UpdatesNotifications

Breaking | President nominates Ranjan Gogoi, Former Chief Justice of India to Rajya Sabha

S.O. 1091(E).—In exercise of the powers conferred by sub-clause (a) of clause (1) of article 80 of the Constitution of India, read

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Published on March 16, 2020March 17, 2020By Bhumika Indulia
Leave a comment1714 views
Legislation UpdatesStatutes/Bills/Ordinances

Governor of Uttar Pradesh has promulgated ‘Uttar Pradesh Public and Private Property Damage Recovery Ordinance, 2020’

Uttar Pradesh Public and Private Property Damage Recovery Ordinance, 2020 It is an Ordinance to deal with all such acts of violence

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Published on March 16, 2020March 16, 2020By Bhumika Indulia
Leave a comment3139 views
Legislation UpdatesNotifications

Central Government constitutes — National Company Law Appellate Tribunal (NCLAT) at Chennai

S.O. 1060(E).—In exercise of the powers conferred by section 410 of the Companies Act, 2013 (18 of 2013), the Central Government hereby

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Published on March 14, 2020By Bhumika Indulia
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