Prachi Bhardwaj, Author at SCC Times

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

Foreign Legislation Legislation Updates

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

Legislation Updates Rules & Regulations

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)

Hot Off The Press News

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

Foreign Legislation Legislation Updates

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

Legislation Updates Rules & Regulations

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

Case Briefs Supreme Court

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

Hot Off The Press News

UK | 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

Legislation Updates Notifications

SEBI 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

Case Briefs Supreme Court

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

Legislation Updates Notifications

SEBI 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

Foreign Legislation Legislation Updates

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

Case Briefs Supreme Court

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

Legislation Updates Notifications

SEBI 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

Legislation Updates Notifications

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.

Legislation Updates Notifications

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,

Legislation Updates Rules & Regulations

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

Case Briefs Supreme Court

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… .”