Reserve Bank of India rolls out regulatory framework for microfinance loans; applicable to all NBFCs including Microfinance Institutions and Housing Finance Companies; gains immediate effect
The Reserve Bank of India (“RBI”) has issued the Reserve Bank of India (Regulatory Framework for Microfinance Loans) Directions, 2022 (“Master Direction”). […]
Punjab PCB disables provision for updation of profile from the industries account in Online Consent Management and Monitoring System (OCMMS) to resolve issues such as unattended applications, missing data, mismatched details etc.
With a view to resolve issues faced while receiving the applications in Online Consent Management and Monitoring System (“OCMMS”) through the Business […]
Home Secretary, GOI writes to Chief Secretaries of States and Administrators on discontinuation of invocation of Disaster Management Act, 2005; wearing of face mask and hand hygiene to continue
The Home Secretary, Government of India has, in separate letters to Chief Secretaries of States and Administrators of Union Territories notified that […]
Jammu and Kashmir Govt. extends the COVID-19 containment measures till further Orders; offices required to regulate attendance of employees in a manner to ensure social distancing norms
Government of Jammu and Kashmir (“J&K”) has extended the Covid-19 containment measures till further Orders are notified. Key Highlights: • All offices […]
Restaurants and eating houses in Madhya Pradesh get conditional exemption from opening and closing hours prescribed under the Madhya Pradesh Shops and Establishments Act
Government of Madhya Pradesh has clarified that opening and closing hours prescribed under Section *14 (1) of the Madhya Pradesh Shops and […]
Health Ministry notifies the Drugs (3rd Amendment) Rules, 2022; introduces new colour ‘Allura Red’ to list of colours permitted to be used in drugs
In continuation to what we reported earlier (please refer to trailing e-mail), the Health Ministry has issued the Drugs (3rd Amendment) Rules, […]
Labour Ministry further extends the public utility service status granted to industries engaged in food stuffs as public utility services till 28th August, 2022
In furtherance to earlier Notification dated 27th August, 2021, the Ministry of Labour and Employment has declared that the services of industries […]
Andhra Pradesh Govt. notifies amendments to the Andhra Pradesh Factories Rules, 1950; effective immediately
The Government of Andhra Pradesh has notified amendments to the Andhra Pradesh Factories Rules, 1950, effective immediately. Please refer to the attached […]
Jammu and Kashmir Govt. issues Excise Policy 2022-2023; effective from 1st April, 2022 till 31st March, 2023
Finance Department, Jammu and Kashmir (“J&K”) has issued an Excise Policy (“Policy”) for the year 2022-2023, with effect from 1st April, 2022 […]
MCA issues LLP(Second Amendment) Rules, 2022 amending Forms such as RUN LLP, FiLLiP and others; yet to be published in the official gazette
The Ministry of Corporate Affairs (MCA) with the aim to facilitate ease of doing business has issued the Limited Liability Partnership (Second […]
SEBI issues Circular on Automation of disclosure requirements under SEBI (SAST) Regulations, 2011-System Driven Disclosures – Ease of doing business; effective 1st July, 2022
The Securities and Exchange Board of India (“SEBI”) has issued a Circular on “Automation of disclosure requirements under SEBI (Substantial Acquisition of […]
Punjab Labour Department notifies terms for grant of exemption to shops and establishments in the State from ‘conditions for employment of women’ under the Punjab Shops and Commercial Establishments Act
The Department of Labour in Punjab has formulated a Scheme which allows exemption to shops and establishments in the State from the […]