SEBI 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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Supreme Court upholds 2019 Act validating Tamil Nadu Land Acquisition Laws; Explains legislative competence to pass a retrospective validating Act
“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 readingTribunal, Appellate Tribunal and other Authorities (Qualifications, Experience and other Conditions of Service of Members) (Amendment) Rules, 2021
The 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 adopts two adequacy decisions pertaining to data protection for the UK
European Commission has adopted two adequacy decisions for United Kingdom with respect to data protection on June 28, 2021. This was announced
Continue readingSEBI notifies relaxation in timelines for compliance with regulatory requirements
The 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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Covid 19 | Cabinet approves Loan Guarantee and Emergency Credit Line Schemes for Covid Affected sectors
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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COVID-19| NDMA to come up with uniform guidelines for ex gratia assistance on account of lives lost due to Covid-19 within 6 weeks [Read SC directions]
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 readingMerchant Shipping (Maritime Labour) Amendment Rules, 2021
The 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 | Biometric Law to come into force in July
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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Labour Law | Minimum Wages across the World
The minimum wages across the world are mentioned below: S.no. Countries Minimum Wages 1 United Kingdom Age 23 and over –
Continue readingRBI issues guidelines on declaration of dividends by NBFCs
The 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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Scotland | New sentencing guidelines introduced
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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Migrant Labourers| ‘One Nation One Ration Card’ Scheme to be a reality in all States by July 31st! Read Supreme Court directions
“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 readingSEBI | Circular on Prudential norms for liquidity risk management for open ended debt schemes
The Securities and Exchange Board of India issued a circular on prudential norms for liquidity risk management for open ended debt schemes
Continue readingUS | Facial Recognition and Biometric Technology Moratorium Act, 2020
US 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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Connecticut | New laws on Labour and Workplace
The Connecticut General Assembly passed several laws during the 2021 regular session regulating labor and the workplace. The few laws passed by
Continue readingAmendment to SEBI (Alternative Investment Funds) Regulations, 2012
The Securities and Exchange Board of India has amended the SEBI (Alternative Investment Funds) Regulations, 2012 (“AIF Regulations”), which were notified on
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