Unlisted public companies too may issue equity shares for the purposes of listing on a stock exchange in permissible jurisdiction; Companies (Listing of equity shares in permissible jurisdictions) Rules, 2024 stands notified
The Ministry of Corporate Affairs (“Ministry”) has notified the Companies (Listing of equity shares in permissible jurisdictions) Rules, 2024 (“2024 Rules”). The […]
SEBI further extends timeline for listed companies to mandatorily verify, confirm, deny or clarify market rumours; Top 100 listed entities to now comply by 1.06.24 and Top 250 listed entities by 1.12.24
The Securities and Exchange Board of India (“SEBI”) has, in a recent circular, further extended the timeline for listed companies to mandatorily […]
Key Highlights for Interim Budget 2024
Non-Tax Initiatives Proposals Expand and strengthen the electric vehicle (e-vehicle) ecosystem by supporting manufacturing and charging infrastructure. Investment in post-harvest activities including […]
The Biological Diversity (Amendment) Act, 2023 to be effective from 1st April, 2024
The Central Government has appointed 1st April, 2024 as the date on which the Biological Diversity (Amendment) Act, 2023 (“Amendment Act”) shall […]
CPCB lays down SOP for importing and recycling of Lead Scrap/ Used Lead Acid Batteries
The Central Pollution Control Board (CPCB) has issued the Standard Operating Procedure (SOP) for RecycIing of Lead Scrap/ Used Lead Acid Batteries. […]
ASCI issues Guidelines to ensure Honest Environmental Claims in Advertisements
The Advertising Standards Council of India (“ASCI”) has issued “Guidelines for Advertisements Making Environmental/ Green Claims”, to prevent false pro-environment claims, also […]
Central Motor Vehicle Rules amended to revise the Emission Standards and introduce provisions regarding device for indirect vision
Ministry of Road Transport and Highways has amended the Central Motor Vehicle Rules, 1989 (“Principal Rules”) through Central Motor Vehicles (First Amendment) […]
Public comments invited on proposed amendments to First and Second Schedule of the Drugs and Cosmetics Act till 12th April, 2023
The Ministry of Ayush has invited objections and suggestions on proposed amendments to Schedule I and II of the Drugs and Cosmetics […]
FBOs allowed to update / revise their Annual Return post submission in the FoSCoS portal to rectify inadvertent mistakes, subject to prescribed conditions and fees
The Food Safety and Standards Authority of India (“FSSAI”) has introduced the provision for Food Business Operators (“FBOs”) to update / revise […]
Import Restrictions Not to Extend to other goods, such as Desktop Computers, falling under tariff head 8471
restrictions pertaining to import of laptops, tablets, personal computers etc. (please check e-mail in trail for details), the Directorate General of Foreign […]
Centre issues fresh advisory to intermediaries directing compliance with existing Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021
Ministry of Electronics and Information Technology (MeitY) has in an Advisory addressed to all intermediaries directed them to comply with the provisions […]
CAQM revokes Stage III of GRAP Actions with immediate effect; Stage I and II GRAP actions to continue
The Commission for Air Quality and Management (“CAQM”) has immediately revoked implementation of actions under Stage III (‘Severe’ Air Quality) of the […]