SEBI notifies Securities and Exchange Board of India (Employees’ Service) (Second Amendment) Regulations, 2024
The Board made the regulations to amend the Securities and Exchange Board of India (Employees’ Service) Regulations, 2001
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Foreign Exchange Management (Deposit) (Fourth Amendment) Regulations, 2024
The Foreign Exchange Management (Deposit) Regulations, 2016 has been amended by the Reserve Bank of India by Foreign Exchange Management (Deposit) (Fourth Amendment) Regulations, 2024.
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New rules relating to destruction of records retained in electronic form, introduced in the Delhi High Court Rules
DHC amends Chapter 16 of Volume IV of the Delhi High Court Rules and Order.
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Reserve Bank of India takes Supervisory Action against Kotak Mahindra Limited u/s 35-A of Banking Regulation Act, 1949
RBI directed Kotak Mahindra Bank to “cease and desist” the onboarding of new customers through its online and banking channels
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Delhi High Court issues “e-True Copy Rules of the High Court of Delhi, 2024”
Delhi High Court issues rule applicable to electronic applications made for obtaining e-True copy.
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IRDAI (Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024
The regulations apply to insurers including those engaged in reinsurance business.
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Toshakhana Rules 2024, notified; Applicable on the gifts received by the Government functionaries from foreign sources
The gifts received by Government functionaries from foreign sources will be kept in Toshakhana.
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IRDAI (Insurance Products) Regulations, 2024
These regulations protect the interest of policyholders by enabling insurers to adopt good governance while designing and pricing the products.
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Chapter relating to Adjudication of Penalties and Appeals introduced vide Patents (Second Amendment) Rules, 2024
Communications done under this Chapter should be in electronic form only.
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MOEF revises provisions relating to plastic packaging and commodities made from compostable plastics or biodegradable plastics
Definitions of “importer”, “manufacturer” and “producer” revised.
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Provision for Grace Period and Certificate of Inventorship introduced vide Patent (Amendment) Rules, 2024
Duplicate certificate of inventorship can be issued by Controller on conditions.
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SEBI introduces Small and Medium REITS vide SEBI (REIT) (Amendment) Regulations, 2024
SEBI increases the ambit of the definition of REIT.
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SEBI mandates Registration of Index Providers vide SEBI (Index Providers) Regulations, 2024
Certificate of Registration will be unless cancelled or suspended by the Board.
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Citizenship (Amendment) Rules, 2024, notified
The Citizenship (Amendment) Act, 2019 (‘CAA’) received the President’s assent on 12-12-2019 and came into force on 10-01-2020.
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CCI notifies Competition Commission of India (Determination of Monetary Penalty) Guidelines, 2024
CCI issues guidelines to bring transparency in method of calculating penalties.
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PFRDA decreases turnaround time for grievance redressal to 21 days
On expiration of turnaround time, complainant can file appeal with the Ombudsman.
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Ministry of Power reduces maximum time limit for granting new connections and modifying existing connections
Separate connection can be provided by Distribution Licensee for charging of Electric Vehicles.
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Labour Ministry increases Expenditure limit of contracts which need prior sanction of Standing Commitee to Rs. 25 crores
Ministry of Labour and Employment notified the Employees’ State Insurance (Central) Amendment Rules, 2024.
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MoHFW allows One Donor Gamete for undergoing Surrogacy subject to medical conditions prescribed by District Medical Board
MoHFW notifies Surrogacy (Regulation) Amendment Rules, 2024 allowing one donor gamete in certain circumstances.
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CCI introduces provision for Lesser Penalty Plus vide CCI (Lesser Penalty) Regulations, 2024
CCI notifies the Competition Commission of India (Lesser Penalty) Regulations, 2024.
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