Amendments to Schedule V of the Companies Act, 2013
The Ministry of Corporate Affairs (MCA) notifies amendments to Schedule V of the Companies Act, 2013 vide Notification dated 18.03.2021[1]. The amendments
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USA | American Rescue Plan Act (ARPA), 2021
On 11th March, 2021, the US President, Joe Biden has signed the American Rescue Plan Act[1] (ARPA), 2021. The ARPA Act is
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Short delay in filing appeals under section 37 of the Arbitration Act can be condoned in exceptional cases. Here’s why Supreme Court overruled N.V. International verdict
Supreme Court: The 3-judge bench of RF Nariman, BR Gavai and Hrishikesh Roy, JJ has held that given the object of speedy
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Pre-litigation mediation| SC admits application seeking creation of committee of experts to guide on the implementation of Section 12A of Commercial Courts Act, 2015
Supreme Court: In the petition seeking for standard operating procedures for implementation of pre-litigation mediation under Section 12A of Commercial Courts Act,
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Singapore | Electronic Transactions (Amendment) Act 2021
Singapore has passed the Electronics Transactions (Amendment) Act, 2021 on 25th Feb, 2021 and it shall come into operation on 19th March,
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Insurance (Amendment) Bill, 2021 passed by Rajya Sabha
On 18th March, 2021, Rajya Sabha has passed the Insurance (Amendment) Bill, 2021. The Bill amends the Insurance Act, 1938. The Act
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South Australia | Termination of Pregnancy Act, 2021, passed
The Government of South Australia has passed the Termination of Pregnancy Act, 2021 on 11th March, 2021. The Act has been passed
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Saudi Arabia | New 90-days temporary work visa announced
Saudi Arabia has announced 90-days temporary work visa for foreign nationals to work in Saudi Arabia. The key features are: The new
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Written intimation of hearing just before commencement of video conference hearing by Advisory Board leads to SC quashing detention of man in a gold smuggling case
Supreme Court: In the case where the State Advisory Board had heard a detenu on video conference, without any sufficient prior intimation
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No more asking sexual offence survivor to tie Rakhi or get married to the accused; Supreme Court calls for gender sensitisation of judges and lawyers [Read Directions]
“Judges play – at all levels – a vital role as teachers and thought leaders. It is their role to be impartial in words and action, at all times. If they falter, especially in gender related crimes, they imperil fairness and inflict great cruelty in the casual blindness to the despair of the survivors.”
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Residential status of certain individuals under Income-tax Act, 1961, relaxation provided against double taxation
The Ministry of Finance has issued a Circular[1] dated 03.03.2021 providing relaxation to certain individuals with respect to their residential status under
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Proceedings instituted under Consumer Protection Act, 1986 not to be transferred to fora created under 2019 Act with newly prescribed pecuniary limits: Supreme Court
“One can imagine the serious hardship that would be caused to the consumers, if cases which have been already instituted before the NCDRC were required to be transferred to the SCDRCs as a result of the alteration of pecuniary limits by the Act of 2019.”
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Rajya Sabha passes Medical Termination of Pregnancy (Amendment) Bill, 2021
The Rajya Sabha has passed the Medical Termination of Pregnancy (Amendment) Bill, 2021 to amend the Medical Termination of Pregnancy Act, 1971
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Securities and Exchange Board of India (Annual Report) Rules, 2021
On March 12, 2021, the Ministry of Finance has notified SEBI (Annual Report) Rules, 2021. Under the Rules, the Securities and Exchange
Continue readingAll India Tourist Vehicles (Authorisation or Permit) Rules, 2021
On 10th March, 2021, the Ministry of Road Transport and Highways has notified the All India Tourist Vehicles (Authorisation or Permit) Rules,
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UP Police Constables appointments| Shifting of candidates selected against posts meant for reserved categories, to open category as per Court directions hence valid: Supreme Court
“With the availability of 3295 additional posts, in the re-working exercise, if the candidates who were already selected against reserved posts were entitled to be considered against open category posts, that exercise cannot be termed as illegal or invalid on any count.”
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Ineligible promoters under Section 29A IBC can’t propose compromise or arrangement schemes under Section 230 of the Companies Act, 2013: Supreme Court
“The purpose of the ineligibility under Section 29A is to achieve a sustainable revival and to ensure that a person who is the cause of the problem either by a design or a default cannot be a part of the process of solution.”
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Arbitration and Conciliation (Amendment) Act, 2021
On 11th March, 2021, the Central Government has notified the ‘The Arbitration and Conciliation (Amendment) Act, 2021’. The Amendment Act is deemed
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ICDR | International Dispute Resolution Procedures, modified
The International Centre for Dispute Resolution (ICDR) issued a revised set of rules to the ICDR Dispute Resolution Procedures (including the Mediation
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Section 195(1)(b)(i) CrPC doesn’t bar prosecution by Investigation Agency against persons producing false evidence at the stage of investigation: Supreme Court
“Just like a private party who has been a victim of forgery committed outside the precincts of the Court, the investigative agency should not be left remediless against persons producing false evidence for the purpose of interfering with the investigation process.”
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