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Partner in Your 19-Sep, 2023
Both the houses of the Parliament of India have passed the Bill that aims to halve the maximum time for completing mediation proceedings from the present 360 days to 180 days. The Bill also provides provisions for setting up of the Mediation Council of India. The other salient features of the ...
10-Aug, 2023
The RBI has issued a draft circular for public comments wherein they have pro-posed Banks to have no exclusive agreement with the card networks; Credit, Debit and Prepaid cards to be issued across more than 1 card network and the customers to be given a choice to choose their card network. ...
17-Jul, 2023
MCA has notified the Companies (Accounts) Second Amendment Rules, 2023 that amends the provisions of the Companies (Accounts) Rules, 2014, wherein companies who are required to file e-form for return on Corporate Social Responsibility, has to file such e-form separately, for the financial ...
07-Jun, 2023
MCA has notified the Companies (Removal of Name of Companies from the Registrar of Companies) Second Amendment Rules, 2023 that further amends the provisions of the Companies (Removal of Name of Companies from the Registrar of Companies) Rules, 2016. Now companies cannot file ...
09-May, 2023
The Ministry of Electronics and Information Technology has notified the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Amendment Rules, 2023 (“Amendment”) to amend the previous rules of 2021. The most notable addition through the Amendment is ...
12-Apr, 2023
The key features of Foreign Trade Policy 2023-28 include shifting of approach from incentives to a remission and entitlement-based regime; streamline SCOM-ET (Special Chemicals, Organisms, Materials, Equipment and Technologies) poli-cy; Districts as Export Hubs (DEH) initiative; Four new towns ...
11-Mar, 2023
MCA has advised the director(s) including new directors who will be signing the e-form(s) for undertaking filings on behalf of a company as signatories on V3 portal are to register themselves(s) as a Business User by creating Business User login on V3 portal and link their Digital Signature Certificate, ...
09-Feb, 2023
MCA has notified Companies (Registration Offices and Fees) Amendment Rules, 2023 that amend the provisions of Companies (Registration Offices and Fees) Rules, 2014, wherein any e-form to be filed with Registrar of Companies (“ROC”) by a company (under insolvency or liquidation), shall be signed ...
11-Jan, 2023
MCA has launched a new service, E-Sahaj Sewa, an online security clearance portal for individuals who are citizens of countries sharing land borders with India and intend to secure the mandatory security clearance from Ministry of Home Affairs for issuance of Director Identification Number ...
12-Dec, 2022
IBBI has issued a circular under which a revised format of Annual Compliance Certificate for Insolvency Professional Agencies (‘IPA’) has been introduced which has to be submitted by all registered IPA to the IBBI within 45 days from the closure of the financial year. ...
07-Nov, 2022
The Registrar of Companies, NCT Of Delhi & Haryana (“ROC, Delhi”) has penalised a company for non-compliance of the relevant CSR provision under the Companies Act, 2013 (“Act”) for not transferring the unspent CSR amount to any of the specified Funds within a period of 6 (six) months from the ...
11-Oct, 2022
Ministry of Corporate Affairs (“MCA”) has notified Companies (Specification of definition details) Amendment Rules, 2022 to further amend Companies (Specification of definition details) Rules, 2014 wherein definition of a small company stands amended. Now the threshold limit ...
07-Sep, 2022
The provisions relating to Companies (Acceptance of Deposits) Rules, 2014 were amended by Companies (Acceptance of Deposits) Amendment Rules, 2022. Every company which is required to file relevant form - for return of deposits ...
17-Aug, 2022
The MCA has vide general circular clarified that the funds spent by Companies towards the activities undertaken for the “Har Ghar Tiranga” campaign of Azadi Ka Amrit Mahotsav pertaining to production and supply of the Indian National Flag, outreach and amplification efforts and other related ...
18-Jul, 2022
The Central Consumer Protection Authority has issued guidelines for the prevention of false or misleading advertisements and making endorsements relating thereto. Amongst other features, guidelines apply to all the advertisements regardless of form, format or medium. ...
13-Jun, 2022
The Ministry of Electronics and Information Technology has released the revised NDGFP for public consultation. The policy proposes the creation of an India Data Management Office (IDMO) responsible for framing, managing and periodically reviewing and revising this Policy ...
23-May, 2022
MCA has notified the Companies (Management and Administration) Amendment Rules, 2022 (“Amendment Rules”) amending provisions of the Companies (Management and Administration) Rules, 2014... ...
15-Apr, 2022
The MCA has notified the Companies (Accounts) Second Amendment Rules, 2022 (“Amendment Rules”) to amend provisions of Companies (Accounts) Rules, 2014 pertaining to audit trail software requirement... ...
09-Mar, 2022
The MCA has issued a circular granting relaxation on levy of additional fees on filing of financial statements and annual return for the financial year that ended on 31 March 2021. With the new circular, companies may now ... ...
22-Feb, 2022
The MCA has issued a notification stating that 1 July 2022 shall be the effective date for provisions of the Companies (Amendment Act), 2020, and the Companies (Amendment) Act, 2017 relating to additional fees for delay in ... ...
14-Jan, 2022
The Labour Department of Delhi has notified the Delhi Shops and Establishment (Amendment) Rules, 2021 (“Amendment Rules”) amending the Delhi Shops and Establishment Rules, 1954. Major amendments introduced by the ... ...
11-Dec, 2021
Department of Consumer Affairs under Ministry of Consumer Affairs, Food and Public Distribution has notified Legal Metrology (Packaged Commodities) Amendment Rules, 2021 (“Rules”). The Rules mandate declaration of maximum ... ...