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Notifications

Notifications issued by various government departments, government bodies etc.

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 comment2090 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 comment2620 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 Comments2549 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 Comment8862 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 comment3698 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 comment4518 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 Comment1783 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 comment1958 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 comment2440 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 comment1408 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 comment2218 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 comment11166 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 comment1890 views
rbi
Legislation UpdatesNotifications

RBI extends last date of exchange of Rs. 2000 banknotes until 7-10-2023

On 30-9-2023, the Reserve Bank of India (‘RBI’) announced that with effect from 8-10-2023, the deposit or exchange of Rs. 2000 banknotes

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Published on October 4, 2023October 4, 2023By Kriti
Leave a comment1924 views
constitution (one hundred and sixth amendment) act 2023
Legislation UpdatesNotifications

106th Constitutional Amendment Act 2023 paves the way for Women Lawmakers

On 28-9-2023, the Ministry of Law and Justice notified the Constitution (One Hundred and Sixth Amendment) Act, 2023 to further amend the Constitution of India.

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Published on September 29, 2023December 25, 2023By Kriti
Leave a comment24411 views
ministry of finance
Legislation UpdatesNotifications

MoF increases Gratuity Limit and Term Insurance Cover for LIC agents

On 18-9-2023, the Ministry of Finance approved a series of welfare measures for the benefit of Life Insurance Corporation of India (‘LIC’)

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Published on September 19, 2023September 19, 2023By Kriti
Leave a comment1668 views
mediation act 2023
Legislation UpdatesNotifications

Mediation Bill 2023 receives President’s assent

On 15-9-2023, the Ministry of Law and Justice notified the Mediation Act, 2023 to especially promote institutional mediation for resolution of disputes,

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Published on September 16, 2023September 19, 2023By Kriti
Leave a comment5977 views
central government
Legislation UpdatesNotifications

Government constitutes State Benches of GST Appellate Tribunal with effect from 14-9-2023

On 14-9-2023, the Central Government, on recommendations of the Goods and Services Tax (‘GST’) Council, constitutes the State Benches of the Goods

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Published on September 16, 2023September 16, 2023By Kriti
Leave a comment2985 views
rbi
Legislation UpdatesNotifications

RBI issues Master Directions on Classification, Valuation and Operation of Investment Portfolio of Commercial Banks excluding RRBs

On 12-9-2023, the Reserve Bank of India (‘RBI’) notified the Classification, Valuation and Operation of Investment Portfolio of Commercial Banks, Directions, 2023

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Published on September 15, 2023September 15, 2023By Kriti
Leave a comment2703 views
rbi
Legislation UpdatesNotifications

RBI asks lenders to maintain additional daily balance to keep liquidity tight

On 8-9-2023, the Reserve Bank of India (‘RBI’) decides to discontinue the Incremental Cash Reserve Ration (‘I-CRR’) in a phased manner and

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Published on September 13, 2023September 14, 2023By Kriti
Leave a comment1461 views

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