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Legislation Updates

Legislation UpdatesRules & Regulations

The Banning of Unregulated Deposit Schemes Rules, 2020 — Notified by Centre

Central Government makes the Banning of Unregulated Deposit Schemes Rules, 2020  — in the exercise of the powers conferred by it under

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Published on February 13, 2020February 13, 2020By Bhumika Indulia
Leave a comment4203 views
Legislation UpdatesRules & Regulations

Ministry of Law and Justice issues — Draft New Delhi International Arbitration Centre (NDIAC) Rules

The New Delhi International Arbitration Centre (NDIAC), Act 2019 was enacted with a view to provide for the establishment and incorporation of

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Published on February 13, 2020February 13, 2020By Bhumika Indulia
Leave a comment2866 views
Cabinet DecisionsLegislation Updates

Cabinet approves — Protocol amending Agreement between India & Sri Lanka for avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income

The Union Cabinet has approved the Signing and Ratification of the Protocol amending the Agreement between India and Sri Lanka for the

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Published on February 13, 2020February 12, 2020By Bhumika Indulia
Leave a comment1808 views
Legislation UpdatesRules & Regulations

Draft Arbitration Council of India (ACI) Rules issued for public consultation

The Arbitration and Conciliation Act, 1996, was amended by the Arbitration and Conciliation (Amendment) Act, 2015 in order to make arbitration process

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Published on February 12, 2020February 12, 2020By Bhumika Indulia
Leave a comment2866 views
Cabinet DecisionsLegislation Updates

Cabinet approves proposal for capital infusion for OICL, NICL and UIICL

Union Cabinet has given its in-principle approval for capital infusion for three Public Sector General Insurance Companies, namely, Oriental Insurance Company Limited

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Published on February 12, 2020February 12, 2020By Bhumika Indulia
Leave a comment1856 views
Legislation UpdatesStatutes/Bills/Ordinances

The Constitution (Amendment) Bill, 2020 — Private Member’s Bill introduced in Rajya Sabha to encourage — “two child policy”

The Constitution (Amendment) Bill, 2020 as introduced in Rajya Sabha on 07-02-2020 is a bill to further amend the Constitution of India.

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Published on February 11, 2020February 14, 2020By Bhumika Indulia
12 Comments15281 views
Legislation UpdatesStatutes/Bills/Ordinances

The Direct Tax Vivad se Vishwas Bill, 2020 — introduced in Lok Sabha

The Direct Tax Vivad se Vishwas Bill, 2020 was introduced in Lok Sabha by the Finance Minister Nirmala Sitharam on 05-02-2020. A

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Published on February 11, 2020February 25, 2020By Bhumika Indulia
Leave a comment2265 views
Legislation UpdatesRules & Regulations

The Companies (Incorporation) Amendment Rules, 2020 — Notified

Central Government makes the following rules further to amend the Companies (Incorporation of Rules, 2014, namely: The Companies (Incorporation) Amendment Rules, 2020

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Published on February 10, 2020February 11, 2020By Bhumika Indulia
Leave a comment3166 views
Legislation UpdatesRules & Regulations

CCI notifies — Competition Commission of India (General) Amendment Regulations, 2020

No. L-3(2)/Regln-Gen. (Amdt.)/2020/CCI— In exercise of the powers conferred by Section  64 of the Competition Act, 2002 (12 of 2003), the Competition

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Published on February 10, 2020February 10, 2020By Bhumika Indulia
Leave a comment3094 views
Legislation UpdatesStatutes/Bills/Ordinances

The Aircraft (Amendment) Bill, 2020 — introduced in Lok Sabha

The Aircraft (Amendment) Bill, 2020 was introduced in Lok Sabha on 04-02-2020. A Bill further to amend the Aircraft Act, 1934. This

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Published on February 7, 2020February 7, 2020By Bhumika Indulia
Leave a comment2481 views
Cabinet DecisionsLegislation Updates

Cabinet gives in-principle approval for setting up a new Major Port at Vadhavan in Maharashtra

The Union Cabinet has given its ‘in-principle’ approval for setting up a Major Port at Vadhavan near Dahanu in Maharashtra. The total

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Published on February 6, 2020February 6, 2020By Bhumika Indulia
Leave a comment2670 views
Cabinet DecisionsLegislation Updates

Cabinet approves — Indian Institutes of Information Technology Laws (Amendment) Bill, 2020

The Union Cabinet has approved the following: – Introduction of the Indian Institutes of Information Technology Laws (Amendment) Bill, 2020 Ex-post facto

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Published on February 5, 2020February 5, 2020By Bhumika Indulia
Leave a comment2679 views
National Company Law Tribunal
Legislation UpdatesRules & Regulations

NCLT (Amendment) Rules, 2020 — Notified by MCA

The Central Government makes the following rules further to amend the National Company Law Tribunal Rules, 2016: The National Company Law Tribunal

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Published on February 5, 2020February 4, 2020By Bhumika Indulia
2 Comments5797 views
Legislation UpdatesRules & Regulations

Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2020

Ministry of Corporate Affairs notifies the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2020 to amend the Companies (Compromises, Arrangements and Amalgamations) Rules,

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Published on February 5, 2020February 7, 2020By Bhumika Indulia
1 Comment3679 views
Legislation UpdatesNotifications

CBDT issues clarification on — applicability of TDS provisions on Mutual Fund dividend

The Finance Bill, 2020 proposed to remove Dividend Distribution Tax (DDT) at the level of Company/ Mutual Fund and proposed to tax

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Published on February 4, 2020February 6, 2020By Bhumika Indulia
Leave a comment2376 views
Legislation UpdatesRules & Regulations

MCA notifies — Draft Company Secretaries (Amendment) Regulations, 2020

To amend the Company Secretaries Regulations, 1982, the following regulations have been made: Company Secretaries (Amendment) Regulations, 2020 Excerpt of the regulations

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Published on February 4, 2020February 5, 2020By Bhumika Indulia
Leave a comment2471 views
Legislation UpdatesRules & Regulations

Companies (Winding Up) Rules, 2020 — Notified by Ministry of Corporate Affairs [Read Notification]

Ministry of Corporate Affairs notifies — Companies (Winding-Up) Rules, 2020 through Notification No. G.S.R. 46(E). The notification has been divided into 6

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Published on February 3, 2020February 7, 2020By Bhumika Indulia
Leave a comment4256 views
Legislation UpdatesNotifications

Personal Data Protection Bill, 2019 — Suggestions invited by Joint Parliamentary Committee of both Houses

The Personal Data Protection Bill, 2019 as introduced in Lok Sabha has been referred to a Joint Parliamentary Committee of both the

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Published on February 3, 2020February 3, 2020By Bhumika Indulia
Leave a comment2542 views
Legislation UpdatesNotifications

MCA notifies — Section 460 of Companies Act — shall apply to Limited Liability Partnership

In exercise of the powers conferred by sub-section (1) of section 67 of the Limited liability Partnership Act, 2008 (6 of 2009),

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Published on February 1, 2020February 1, 2020By Bhumika Indulia
Leave a comment3549 views
Legislation UpdatesNotifications

Centre notifies — Jurisdiction of State of M.P. to be exercised by NCLT, Ahemdabad till operationalization of — NCLT, Indore

S.O. 484(E).—In exercise of the powers conferred by sub-section (1) of section 419 of the Companies Act, 2013 (18 of 2013), and

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Published on February 1, 2020February 1, 2020By Bhumika Indulia
Leave a comment4090 views

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