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“A legislature is deemed to be the main protagonist of the public interest at large. For, the legislature is the bulwark of a democratic polity.”
Continue readingThe Ministry of Finance has notified Tribunal, Appellate Tribunal and other Authorities (Qualifications, Experience and other Conditions of Service of Members) (Amendment)
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European Commission has adopted two adequacy decisions for United Kingdom with respect to data protection on June 28, 2021. This was announced
Continue readingThe Securities and Exchange Board of India has issued circular dated 30.06.2021 vide which the timelines for various regulatory compliances by the
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The Union Cabinet vide Press Release dated June 30,2021 has announced the approval of Loan Guarantee Scheme for Covid Affected Sectors (LGSCAS)
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Supreme Court: After the Court was approached seeking direction to the Government to provide notified ex-gratia monitory compensation of Rs.4,00,000/- to the
Continue readingThe Central Government in exercise of the powers conferred by section 218A read with section 457 of the Merchant Shipping Act, 1958
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New York City had passed Biometric Identifier Information Law which comes into effect on July 9, 2021. Key features of the law
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The minimum wages across the world are mentioned below: S.no. Countries Minimum Wages 1 United Kingdom Age 23 and over –
Continue readingThe Reserve Bank of India has issued circular dated June 24, 2021 prescribing the guidelines on distribution of dividend by NBFC’s. The
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The Scottish Sentencing Council (“SSC”) has announced new guidelines setting out the process for all sentencing decisions in Scotland. The guidelines are
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“When the migrant labourers form more than 1/4th population of the country, all Governments/authorities have to take special care regarding welfare of these migrant workers/labourers.”
Continue readingThe Securities and Exchange Board of India issued a circular on prudential norms for liquidity risk management for open ended debt schemes
Continue readingUS lawmakers have introduced Facial Recognition and Biometric Technology Moratorium Act of 2020 in the Senate on June 25, 2021. It has
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The Connecticut General Assembly passed several laws during the 2021 regular session regulating labor and the workplace. The few laws passed by
Continue readingThe Securities and Exchange Board of India has amended the SEBI (Alternative Investment Funds) Regulations, 2012 (“AIF Regulations”), which were notified on
Continue readingSEBI has issued clarification regarding settlement of running account of client’s funds lying with Trading Member (TM) vide circular dated June 16,
Continue readingThe Securities and Exchange Board of India prescribes the framework for administration and supervision of Investment Advisers under the SEBI (Investment Advisers)
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Supreme Court: Hearing a series of petitions filed by Class XII students of various Boards, the bench of AM Khanwilkar and Dinesh
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The Ministry of Corporate Affairs has notified the Companies (Accounting Standards) Rules, 2021 on June 23, 2021. The Accounting Standards shall come
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