Ministry of Corporate Affairs (“MCA”) vide Gazette Notification No. G.S.R. 857 (E) dated 18 November 2019, amended Rule 15(3)(a) of the Companies (Meetings of Board and its Powers) Rules, 2014 per below table: Previous Position Present Position Board approval for
Insolvency and Bankruptcy Board of India (“IBBI”) vide Gazette Notification dated November 20, 2019, notified the Insolvency and Bankruptcy Board of India (Insolvency Process for Personal Guarantors to Corporate Debtors) Regulations, 2019, inter-alia, providing below compliance: Appointment of resolution profession
Insolvency and Bankruptcy Board of India (“IBBI”) vide Gazette Notification dated November 20, 2019, notified the Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019, inter-alia, providing below compliance: Appointment of insolvency professional
Maharashtra Labour Department vide Notification dated October 1, 2019 has notified the Maharashtra Factories (Amendment) Rules, 2019 by addition of two clauses in Rule 45 of the Maharashtra Factories Rules, 1963, mandating employers to maintain adequate quantity of sanitary napkins
The Karnataka Government vide Gazette Notification dated September 5, 2019, notified the Karnataka State Rights of Persons with Disabilities Rules, 2019 framed under the Rights of Persons with Disabilities Act, 2016, by repealing the Persons with Disabilities (Equal Opportunities, Protection
Ministry of Commerce and Industry vide Gazette Notification No.G.S.R. 645(E) dated September 12, 2019, notified the draft Geographical Indications of Goods (Registration and Protection) (Amendment) Rules, 2019, inviting objections from public. Inter-alia, the amendment proposes to shorten the procedure of
Ministry of Commerce and Industry vide Gazette Notification No.G.S.R. 663(E) dated September 17, 2019, notified the Patents (Amendment) Rules, 2019, effective from the date of notification in the gazette. Inter-alia, the amendment abolishes the requirement of filing original documents after
Ministry of Skill Development and Entrepreneurship vide Gazette Notification No.G.S.R.686 (E) dated September 25, 2019, notified the Apprenticeship (Amendment) Rules, 2019 with, inter-alia, below changes: 7 (seven) definition clauses are inserted, which includes ‘degree apprentice’, and 'fresher apprentice’ The period
Foreign Direct Investment (FDI) is major driver of growth and development of the economy of the country. With this intent, the Government of India has time and again come up with investor friendly reforms under FDI regulations to have more
Government of Telangana vide Government Order (G.O.) No.24 dated July 25, 2019[1], extended the permissions to all Shops and Establishments to keep open on all days of the year for a period of three (3) years till June 15, 2022
Karnataka State Government vide Gazette Notification No.LD 127 LET 2018 dated August 8 2019, notified the Karnataka Maternity Benefit (Amendment) Rules, 2019 (“Karnataka Creche Rules”), wherein new rules relating to crèche facilities is inserted in the Karnataka Maternity Benefit Rules,
Reserve Bank of India (“RBI”) vide its notification on August 21 2019 has permitted the processing of e-mandate on cards for recurring transactions (“Notification”). RBI has put in place various safety measures for card payments including the requirement of additional
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