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Notifications

Notifications issued by various government departments, government bodies etc.

rbi
Legislation UpdatesNotifications

RBI notifies RBI (Government Securities Lending) Directions, 2023 enabling lending and borrowing of Government Securities

On 27-12-2023, the Reserve Bank of India (‘RBI’) notified the RBI (Government Securities Lending) Directions, 2023 applicable to all Government securities lending

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Published on December 31, 2023December 31, 2023By Kriti
Leave a comment2290 views
rbi
Legislation UpdatesNotifications

RBI notifies FEM (Manner of Receipt and Payment) Regulations, 2023 mandating permission from RBI for Trade outside India

On 21-12-2023, the Reserve Bank of India (‘RBI’) notified the Foreign Exchange Management (Manner of Receipt and Payment) Regulations, 2023 mandating permission

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Published on December 30, 2023December 30, 2023By Kriti
1 Comment4675 views
ministry of law and justice
Legislation UpdatesNotifications

Age of appointment of President, Judicial Member & Technical Member increased vide CGST (Second Amendment) Act, 2023

CGST (Second Amendment) Act, 2023 mandates 10 years of substantial experience in litigation for appointment of Judicial Member of GST Appellate Tribunal

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Published on December 29, 2023December 29, 2023By Kriti
Leave a comment2337 views
ministry of law and justice
Legislation UpdatesNotifications

Govt introduces provision relating to power to frame and publish the list of touts vide Advocates (Amendment) Act, 2023

On 8-12-2023, the Ministry of Law and Justice notified the Advocates (Amendment) Act, 2023 to amend the Advocates Act, 1961. Key Points:

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Published on December 12, 2023December 12, 2023By Kriti
Leave a comment3002 views
Dark Pattern Guidelines
Legislation UpdatesNotifications

CCPA notifies Guidelines for Prevention and Regulation of Dark Patterns, 2023 to prevent unfair trade practice

On 30-11-2023, the Central Consumer Protection Authority notified the Guidelines for Prevention and Regulation of Dark Patterns, 2023. The provisions came into

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Published on December 4, 2023December 4, 2023By Kriti
Leave a comment3983 views
Government of NCT Delhi
Legislation UpdatesNotifications

Delhi Government notifies Scheme for Premium Buses

On 20-11-2023, the Delhi Government notified the Delhi Motor Vehicles Licensing of Aggregator (Premium Buses) Scheme, 2023 applicable to all premium buses

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Published on November 21, 2023November 21, 2023By Kriti
1 Comment1666 views
ministry of corporate affairs
Legislation UpdatesNotifications

MCA notifies Rules for Significant Beneficial Owners & their Declaration to reporting LLPs

On 9-11-2023, the Ministry of Corporate Affairs notified the Limited Liability Partnership (Significant Beneficial Owners) Rules, 2023 mandating every Limited Liability Partnership

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Published on November 15, 2023November 15, 2023By Kriti
Leave a comment5047 views
SEBI
Legislation UpdatesNotifications

SEBI introduces “Most Important Terms and Conditions” to formalize broker-client relationship

On 13-11-2023, the Securities and Exchange Board of India (‘SEBI’) revised the Master Circular dated 17-5-2023 introducing a standard “Most Important Terms

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Published on November 14, 2023November 14, 2023By Kriti
Leave a comment2138 views
Ministry of Road Transport and Highways
Legislation UpdatesNotifications

Govt notifies CMV (Ninth Amendment) Rules, 2023 categorizing vehicles which will comply with requirements of Rule 124

On 7-11-2023, the Ministry of Road Transport and Highways notified the Central Motor Vehicles (Ninth Amendment) Rules, 2023 to amend the Central

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Published on November 10, 2023November 14, 2023By Kriti
Leave a comment2712 views
Government of NCT Delhi
Legislation UpdatesNotifications

Delhi Govt orders to invoke all actions envisaged under Stage-III of GRAP ‘Severe’ Air Quality with immediate effect

On 2-11-2023, the Government of NCT Delhi, Transport Department ordered to invoke all actions envisaged under Stage-III of the Graded Response Action

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Published on November 4, 2023November 4, 2023By Kriti
2 Comments2585 views
ministry of corporate affairs
Legislation UpdatesNotifications

MCA mandates every company to designate a person to be responsible to Registrar

On 27-10-2023, the Ministry of Corporate Affairs notified the Companies (Management and Administration) Second Amendment Rules, 2023 to amend the Companies (Management

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Published on November 1, 2023November 1, 2023By Kriti
1 Comment8959 views
ministry of environment, forest and climate change
Legislation UpdatesNotifications

MoEF revises definition of ‘Carry Bags’ to include Biodegradable Plastic bags

On 30-10-2023, the Ministry of Environment, Forest and Climate Change notified the Plastic Waste Management (Second Amendment) Rules, 2023 to amend the

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Published on November 1, 2023November 1, 2023By Kriti
Leave a comment3761 views
ministry of corporate affairs
Legislation UpdatesNotifications

Private companies excluding small companies to issue securities only in dematerialised form

On 27-10-2023, the Ministry of Corporate Affairs notified the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023 to amend the

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Published on October 30, 2023October 30, 2023By Kriti
Leave a comment4587 views
rbi
Legislation UpdatesNotifications

Banks are required to have at least 2 Whole Time Directors on Board: RBI

On 25-10-2023, the Reserve Bank of India (‘RBI’) directed all the Private Sector Banks and Wholly Owned Subsidiaries of Foreign Banks to

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Published on October 26, 2023October 26, 2023By Kriti
1 Comment1826 views
SEBI
Legislation UpdatesNotifications

SEBI enhances scope of Utilisation of Investor Protection and Education Fund

On 20-10-2023, Securities and Exchange Board of India (‘SEBI’) notified the SEBI (Investor Protection and Education Fund) (Second Amendment) Regulations, 2023 to

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Published on October 26, 2023October 26, 2023By Kriti
Leave a comment2038 views
ministry of corporate affairs
Legislation UpdatesNotifications

MCA allows Shifting of Registered Office under certain circumstances

On 20-10-2023, the Ministry of Corporate Affairs notified the Companies (Incorporation) Third Amendment Rules, 2023 to amend the Companies (Incorporation) Rules, 2014.

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Published on October 24, 2023October 24, 2023By Kriti
Leave a comment2480 views
4% hike DA and DR
Legislation UpdatesNotifications

Cabinet approves 4% hike in DA and DR w.e.f. from 1-7-2023

On 18-10-2023, the Union Cabinet has approved a 4% hike in Dearness Allowance (‘DA’) for Central Government employees and Dearness Relief (‘DR’)

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Published on October 19, 2023October 19, 2023By Kriti
Leave a comment1440 views
ministry of corporate affairs
Legislation UpdatesNotifications

Section 14 of IBC, 2016 will not apply to Transactions, Arrangements or Agreements

On 3-10-2023, the Ministry of Corporate Affairs notified that the provisions of Section 14 (1), relating to “Moratorium”, of the Insolvency and

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Published on October 11, 2023October 11, 2023By Kriti
Leave a comment2266 views
ministry of law and justice
Legislation UpdatesNotifications

Provisions of Mediation Act, 2023 come into force wef 1-9-2023

The Ministry of Law and Justice notified, 9-10-2023, as the date on which certain provisions of the Mediation Act, 2023 came into

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Published on October 10, 2023October 10, 2023By Kriti
Leave a comment11344 views
gst
Legislation UpdatesNotifications

[52nd GST Council Meeting] Recommends Amnesty Scheme for Taxpayers

On 7-10-2023, the Goods and Services Tax Council held its 52nd Meeting under the Chairpersonship of Union Minister for Finance and Corporate

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Published on October 9, 2023October 30, 2023By Kriti
Leave a comment1924 views

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