Environment Ministry invites public comment on the Draft Environment Audit Notification
The Ministry of Environment, Forest and Climate Change (“MoEFCC”) has proposed to issue Draft Environment Audit Notification (“Draft notification”). The Draft Notification […]
Payment Banks and Ways to Steer Clear from RBI’s Wrath – The Regulatory Regime
Reams have already been written on the RBI’s recent decision to impose stringent strictures on Paytm Payments Bank (‘Paytm’), virtually signalling its […]
Labour Ministry issues Advisory to drive gender equality and women’s participation in the workforce
Ministry of Labour and Employment (“Ministry”) has issued an Advisory for employers, aimed at fostering gender equality and increasing participation of women […]
Water (Prevention and Control of Pollution) Amendment Bill introduced in Rajya Sabha; aiming to rationalize criminal provision
The Water (Prevention and Control of Pollution) Amendment Bill, 2024 (“Bill”) has been introduced by Ministry of Environment, Forest and Climate Change […]
Health Ministry permits the sale of Oseltamivir Phosphate and Zanamivir akin to Schedule H1 drugs, with restrictions on sale and export regulated by the Government and DCGI
Ministry of Health and Family Welfare has issued a Notification dated February 5, 2024, revoking an earlier Notification dated February 17, 2017 […]
NBFCs to implement technology-driven compliance solution by October 31st 2024: RBI
If you are a upper or middle layer[1] Non-Banking Financial Company (“NBFC”) or a part of other Regulated Entities (“RE”)[2] such as […]
Environment Ministry amends the Environment (Protection) Rules, 1986 related to effluent standards for ‘Man-made Fibre Industry’
The Ministry of Environment, Forest and Climate Change (“MoEFCC”) has issued Environment (Protection) Amendment Rules, 2024 (“Amendment Rules”). The Amendment Rules seeks […]
Karnataka State Pollution Control Board includes new industrial sectors under orange category
The Karnataka State Pollution Control Board (“KSPCB”) has revised the categories of industries/organizations/activities under the consent mechanism to obtain Consent for Establishment […]
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 […]