Ministry of Corporate Affairs (MCA) vide its notification dated 28 August 2020 has notified section 23(ii) of the Companies Amendment Act 2017 i.e. Section 92 of Companies Act 2013 which requires Companies to place its annual return on their website,
The department of FSSAI on 24th August 2020 has decided not to count the period of 22nd March 2020 to 31st December 2020 for collection of penalties under clause 2.1.13 (3) of FSS (Licensing and Registration of Food Business) Regulation,
The Department of FSSAI on 21st August 2020 has released a draft regulation for Food Safety and Standards (Food Products Standards and Food Additives) Amendments Regulations, 2020 framed under FSS Act, 2006. These regulations are not yet notified and are
In pursuant to Ref. No: IRDAI/F&I/CIR/INV/216/08/2020, the IRDAI in exercise of the powers conferred under Regulation 14(2) of the IRDAI (Investments) Regulations, 2016 after taking into account the representations made by Life and General Insurance Councils, allowed the insurers to
The Ministry of Information and Broadcasting has released SOP for Media Production. The ministry with the consultation from the Ministry of Health & Family Welfare, has prepared the Guiding Principles and Standard Operating Procedures (SOPs) on preventive measures for Media
The Central Board of Indirect Taxes and Customs, in exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962) determined that the rate of exchange of conversion of each of the foreign currencies into
The Competition Commission of India has approved the proposed acquisition of C&S Electric Limited by Siemens Limited. The proposed combination envisages acquisition of 100% of the share capital of C&S Electric Limited (C&S) by Siemens Limited (Siemens India). A detailed
The Department of Industry Promotion and Internal Trade (DPIIT) has released a format for registration of bidders from countries which share land borders with India. The registration granted by this Department shall be only for the purpose of bid participation
Securities and Exchange Board of India (“SEBI”) vide its circular dated 21 August 2020, incorporated a new clause 8 (3) in SEBI (International Financial Services Centers ) Guidelines, 2015, stating that an entity whether based in India or outside India,
RBI vide its notification dated 21 August 2020, has issued certain instructions and guidelines to all the banks to be followed while governing the process of ad hoc/short review/renewal of the credit policy which are as follows: Banks, Scheduled Commercial
In view of the Gazette notification dated June 26, 2020 on new criteria for classifying the enterprises as micro, small and medium enterprises, Reserve Bank of India (RBI) vide its notification dated 21 August 2020, has clarified the following: All
Ministry of Corporate Affairs (“MCA”) vide its notification number G.S.R. 526(E) dated 24 August 2020 has notified Companies (Corporate Social Responsibility Policy) Amendment Rules, 2020 (the “Amended Rules”) in order to keep Companies (Corporate Social Responsibility Policy) Rules, 2014 (the
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