IRDAI proposes new Guidelines on Remuneration of Non-Executive Directors and MD/CEO/Whole-time Directors of Insurance companies; comments invited by 19th January, 2022
In order to ensure sound remuneration or compensation practices and avoid situations resulting from excessive risk-taking behaviour due to inappropriate compensation structures […]
Tamil Nadu Govt. notifies extension to the State-wide COVID-19 restrictions along with additional guidelines for implementation till 10th January, 2021; mandates vaccination for employees and owners of commercial establishments
The Government of Tamil Nadu has notified an extension to the existing lockdown restrictions along with further instructions, to be followed till […]
IRDAI clarifies that health insurance policies will cover the costs of treatments for infections occuring due to Omicron variant of COVID-19
The Insurance Regulatory and Development Authority of India has clarified that all health insurance policies issued by all general and health insurance […]
FSSAI notifies the Food Safety and Standards (Food Products Standards and Food Additives) Sixth Amendment Regulations, 2021, FBOs to comply by 1st July 2022
The Food Safety and Standards Authority of India (“FSSAI”) has notified the Food Safety and Standards (Food Products Standards and Food Additives) […]
Labour Department of Kerala issues Draft Occupational Safety, Health and Working Conditions Rules, 2021; invites objections and suggestions by 31st January 2022
The Labour and Skills Department of Kerala has issued the Draft Occupational Safety, Health and Working Conditions (Kerala) Rules, 2021 and has […]
Office of the District Magistrate of Chandigarh issues order imposing ban on sale and production of Bottled Correcting fluids from 6th January 2022 to 6th March 2022
The Office of the District Magistrate of Chandigarh has issued an order imposing a ban on the sale and production of Bottled […]
RBI fixes the applicable average base rate to be charged by NBFC– Micro Finance Institutions (NBFC-MFIs) to their borrowers for the quarter starting January 1, 2022
In a Press Release dated 31st December, 2021, the Reserve Bank of India has communicated that the applicable average base rate to […]
RBI releases Framework for facilitating Small Value Digital Payments in offline mode; effective immediately
The Reserve Bank of India has now introduced the ‘Framework for facilitating small value digital payments in offline mode’ for the Authorised […]
West Bengal Govt. issues additional restrictions to be followed in the State till 15th January, 2022; private offices and establishments to function with 50% of employees at a time; effective since 03.01.2022
In continuation to earlier COVID-19 Orders (please refer to the trailing e-mails), the Government of West Bengal has notified the following additional […]
MCA amends Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016; effective immediately
The Ministry of Corporate Affairs has issued the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund), Third Amendment, Rules, […]
SEBI lists updated penalty for non-compliances with continuous disclosure requirements by issuers of listed Non-Convertible Securities & Commercial Papers; applicable for the due dates of compliances falling on or after February 01, 2022
The Securities and Exchange Board of India (“SEBI”) has, through a Circular dated 29th December, 2021, updated the structure for levying fines […]
Police Commissioner of Greater Mumbai notifies additional restrictions in view of the emergence of Omicron variant of COVID-19; effective till 15.01.2022
With a view to prevent the spread of Covid-19 Omicron virus, the Police Commissioner of Greater Mumbai has notified Covid-19 restrictions which […]