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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Income tax Amendment (18th Amendment), Rules, 2021
The Central Board of Direct Taxes has notified Income Tax Amendment (18th Amendment), Rules, 2021 on July 2, 2021. It further amends
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Govt must reserve posts for promotions for persons with disabilities even under 1995 PwD Act; explore other methods to avoid stagnation: Supreme Court
“… sometimes it is easier to bring a legislation into force but far more difficult to change the social mind set which would endeavour to find ways and means to defeat the intent of the Act enacted… .”
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Retail and Wholesale trades included under MSMEs
The Minister of MSME and Road Transport and Highways has announced revised guidelines for MSMEs vide press release dated July 02, 2021.
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UK | New Online safety guidance for tech companies to protect people online
UK Government has issued New Online Safety guidance dated June 29, 2021 to help tech companies better protect users online was published
Continue readingSEBI issues Master Circular for Commodity Derivatives Market
The Securities and Exchange Board of India has issued Master Circular No. SEBI/HO/CDMRD/DMP/P/CIR/2021/589 dated July 01, 2021, for commodity derivatives market. This
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UK | New Graduate immigration route for international students announced
On July 01, 2021, the UK Government announced ‘The Graduate Route’. Salient features of the Guidance are as follows: The Graduate route
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Supreme Court Monthly Roundup – June 2021
A comprehensive roundup of all the important Supreme Court judgments/orders from the month of June, 2021.
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No conviction under Section 364A IPC if kidnapper treats victim in “a good manner”: Supreme Court
Supreme Court has laid down the essential ingredients required to be proved by prosecution to convict an accused under Section 364A IPC i.e. kidnapping for ransom.
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