In light of significant decline in COVID-19 cases, Centre directs States and UTs to implement risk assessment-based approach on re-opening economic activities as per Advisory issued by Health Ministry; effective till 31st March, 2022
The Ministry of Home Affairs (“MHA”) has issued an Order directing the States and Union Territories to implement a risk assessment-based approach […]
Ministry of Civil Aviation notifies the Drone (Amendment) Rules, 2022; date for registration of unmanned aircraft systems extended till 31st March, 2022
The Ministry of Civil Aviation has notified further amendments to the Drone Rules, 2021. The amendments have been effective since 11th February […]
Public comments invited on draft CERC Regulations on renewable energy certificates; prescribes terms for Renewable energy generating stations, captive power projects, DISCOMs and open access consumers to issue renewable energy certificate
With a view to issue regulations for the development of market in power from renewable energy sources through renewable energy certificates, the […]
MCA cautions stakeholders against communications received without Service Request Number (SRN) ; classifies such communications as unauthorized
Going forward, the Ministry of Corporate Affairs ( “MCA”) have cautioned all the stakeholders not to entertain any form of communication against […]
SEBI invites comments on provisions relating to disclosures for ‘Basis of Issue Price’ section in offer document under the ICDR Regulations ; till March 05, 2022
The Securities Exchange Board of India ( “SEBI”) has issued a consultation paper on “Disclosures for Basis of Issue Price section in […]
Public comments invited on draft Central Motor Vehicles (…. Amendment) Rules, 2022 by 17th March; proposes vehicle tracking system device (‘Automotive Industry Standard 140’) in goods carriage transporting dangerous/ hazardous goods
The Ministry of Transport has issued the Draft Central Motor Vehicles (…Amendment) Rules 2022 with a view to further to amend the […]
RBI rolls out implementation plan of ‘Core Financial Services Solution’ by NBFCs in advance ; fallout of the Scale Based Regulation (SBR)
Further to the Scale Based Regulation (“SBR” ) rolled out by the Reserve Bank of India (“RBI”) in October, 2021 about the […]
IRDAI publishes the draft IRDAI (Health Insurance) (Amendment) Regulations, 2022; public comments / suggestion invited till 6th March 2022
With a view to provide operational freedom to both insurers and TPAs while protecting the interests of policyholders, Insurance Regulatory and Development […]
RBI amends Payment and Settlement Systems Regs.; Now, System Participants also required to comply with payment instructions and other matters.; removes submitting various returns/documents to Bank
By way of the Payment and Settlement Systems (Amendment) Regulations, 2022, Now, system participants* which include service providers will also be required […]
Public comments invited on the draft “Environment (Protection) first Amendment Rules, 2022”; proposes new emission norms for DG sets and its engine technologies used for generating power
The Environment Ministry has proposed a draft of the “Environment (Protection) first Amendment Rules, 2022”. Objections or suggestions to the draft Notification, […]
Inland Vessels Act, 2021 (Provisions of Sections 1 and 106) notified; effective since 16th February, 2022
Pursuant to what we reported earlier (please refer to e-mails in trail for details), the Centre has notified 16th February 2022 as […]
NOC issued under ‘FSS (Import) Regulations, 2017’ has validity of 300 days for imported consignments of alcoholic beverages (without an expiry dates) containing more than 10 percent alcohol
With a view to further facilitate trade and Ease Of Doing Business (“EODB”) reforms, the Food Safety and Standards Authority of India […]