Regulations pertaining to Portfolio Managers amended to include disclosures on related party investment and diversification policy
Securities and Exchange Board of India (“SEBI”) amends Securities and Exchange Board of India (Portfolio Managers) Regulations, 2020 to regulate portfolio manager’s […]
Garments / hosiery products sold in loose or open form are exempted from compliances under Legal Metrology (Packaged Commodities) Rules subject to declaring manufacturer address, MRP, size, country of origin etc. effective from 1st January, 2
The Ministry of Consumer Affairs has notified further amendments to the Legal Metrology (Packaged Commodities) Rules, 2011. The amended Rules are called […]
The E-commerce Entities cannot be made liable for sale of fake products by third parties if ‘due diligence’ requirements are duly observed: Delhi High Court
Very recently, in a case involving sale of fake products through online platforms, the High Court of Delhi (“HC”) has held that, […]
Key highlights of the Overseas Investments Directions, Rules, Regulations and Reporting Requirements issued by RBI
Reserve Bank of India (RBI) has issued Circular No. 12 dated 22nd August, 2022 to introduce the Foreign Exchange Management (Overseas Investment) […]
MCA21 V3 portal will not be available from 27th August’22 ( 12AM) to 28th August’22 ( 11.59PM) , V2 portal will remain operational
In view of the upcoming launch of the following company forms in MCA21 V3 portal , LLP V3 portal will not be […]
Public comments invited by the Shipping Ministry on the Indian Ports Bill 2022 till 30th August, 2022
The Ministry of Ports, Shipping and Waterways (“Ministry”) has issued a proposal for introduction of the Indian Ports Bill 2022 (“Bill”) with […]
Himachal Pradesh Govt. revises conditions for employing women during night shifts (between 7:00 pm and 6:00 am) in factories
The Government of Himachal Pradesh has revised the conditions prescribed in respect of safety and security measures for factories intending to apply […]
IRDAI launches Single Window NOC portal for insurers
The Insurance Regulatory and Development Authority of India ( “IRDAI”) has launched a Single Window NOC Portal (www.noc.irdai.gov.in) with the intention to […]
Public comments invited on proposed requirement to declare composition of two or more prime constituents of commodity with the Brand Name/ Logo on front side of package: applicable to commodities containing more than one constituent
Public comments are invited by the Legal Metrology Division in the matter of declaring two or more prime constituents of the commodity […]
SEBI rolls out Guidelines for overseas investment by AIFs / VCFs, additionally requires AIFs/VCFs to report all overseas investments sold or divested till date by 17.09.2022
Guidelines have been issued by Securities and Exchange Board of India (“SEBI”) for overseas investment by Alternative Investment Funds (AIFs) and Venture […]
Electricity (Amendment) Bill, 2022 introduced in Lok Sabha; proposes to introduce provision in respect of management of power agreement, cross subsidy, etc.
With a view to amend the Electricity Act, 2003 (“Principal Act”), the Electricity (Amendment) Bill, 2022 (“Bill”) has been introduced in the […]
Ministry of Commerce issues standard operating procedure (SOP) for SEZ Units to obtain permission for permitting employees to work from home or any place outside the Special Economic Zones
The Ministry of Commerce has notified Standard Operating Procedure (“SOP”) for Work From Home (“WFH”), permission for implementation of Rule 43A of […]