Key outcomes at 47th Session of the UN Human Rights Council
The UN Human Rights Council (HRC) conducted its 47th session, June 21 – July 14, and pushed forward on priority issues as
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UK | Ban on knives, firearms and offensive weapons comes into force
The UK Government has announced ban on knives, firearms and offensive weapons vide press release dated July 14, 2021. The provisions are
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Period for registration of name of child at birth amended under Delhi Registration of Births and Deaths (Amendment) Rules, 2021
The Delhi Government has notified Delhi Registration of Births and Deaths (Amendment) Rules, 2021 on July 09, 2021. The Delhi Registration of
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Manner of furnishing of return or details of outward supplies by short messaging service facility notified under Delhi Goods and Services Tax (Eighth Amendment) Rules, 2020
The Delhi Government has notified Delhi Goods and Services (Eighth Amendment) Rules, 2020 on July 07, 2021, effective from July 01, 2021.
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EU | Guidance on Due Diligence for EU Businesses to address the risk of forced labour in their operations and supply chains
The European Commission has released a guidance dated July 12, 2021 on “Due Diligence for EU Businesses to Address the Risk of
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USA| Colorado Privacy Act passed in Colorado
The Government of Colorado has passed the Colorado Privacy Act (“CPA”) on July 7th, 2021. The State of Colorado has joined California
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Mandatory compliances introduced for registration of an Indian Insurance Company having foreign investment
The Insurance Regulatory and Development Authority of India (IRDAI) has passed Insurance Regulatory and Development Authority of India (Indian Insurance Companies) (Amendment)
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Hong Kong | New guidance on ESG fund disclosures, published
The Securities and Futures Commission (SFC), Hong Kong has published circular dated June 29, 2021 on enhanced disclosures for authorised funds which
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New York | Bill for public officials to disclose their crypto holdings annually, introduced
New York Government has proposed a law in New York on July 02, 2021, which would, if approved, require public officials in
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New rules regarding procedure for making regulations under the International Financial Services Centres Authority, introduced
The International Financial Services Centres Authority has notified the International Financial Services Centres Authority (Procedure for making Regulations) Regulations, 2021 vide notification
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Explained: Does Limitation Act, 1963 apply to arbitration proceedings under Section 18(3) of Micro, Small and Medium Enterprises Development Act, 2006
Supreme Court: The bench of Ashok Bhushan and R. Subhash Reddy*, JJ has held that the Limitation Act, 1963 is applicable to
Continue readingUK | MHRA releases guidance to improve patient safety in clinical trials through improving quality of Development Safety Update Reports
The UK Government has announced vide press release dated July 06, 2021 that the Medicines and Healthcare products Regulatory Agency (MHRA) and
Continue readingSEBI issues Master Circular for Stock Exchange and Clearing Corporations
The Securities and Exchange Board of India has issued Master Circular No. SEBI/HO/MRD2/MRD2_DCAP/P/CIR/2021/0000000591 dated July 05, 2021, for Stock Exchanges and Clearing
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Explained: Maintainability of counter claims in arbitration proceedings under Section 18(3) of the Micro, Small and Medium Enterprises Development Act, 2006
Supreme Court: The bench of Ashok Bhushan and R. Subhash Reddy*, JJ has held that the Micro, Small and Medium Enterprises Development
Continue readingSEBI issues circular clarifying procedure in case of delisting of a subsidiary company through a Scheme of Arrangement wherein listed parent company and listed subsidiary are in the same line of business
SEBI has issued a circular dated July 06, 2021, providing a standard operative procedure and clarifying the purpose of defining “same line
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Singapore| SAPI Code revised, effective August 01, 2021
The Singapore Association of Pharmaceutical Industries Code of Conduct (“SAPI Code”) has been revised to provide distinct standards on the provision of
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Sending accused to jail 26 years after the incident of rash driving, harsh: Supreme Court
Supreme Court: In a case dating back to the year 1995 where a bus driver had caused an accident, thereby injuring a
Continue readingSEBI issues circular resolving issue of No Objection Certificate for release of 1% of Issue amount
The Securities and Exchange Board of India has issued a circular dated 05.07.2021 reducing the time-period for processing of NOC applications to
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Rajasthan Government amends Amnesty Scheme 2021 notification
The Finance Department of Rajasthan on July 01, 2021 has issued a notification to amend a previous notification with notification no. F.
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Arizona | Governor signs budget for Fiscal Year 2022
Arizona Government has passed Arizona’s fiscally conservative budget for Fiscal Year 2022, which cuts taxes for all taxpayers while investing in education, transportation,
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