Government restricts import of laptops, tablets with effect from November 1, 2023
On 3-8-2023, the Directorate General of Foreign Trade restricted the import of Laptops, Tablets, All in one Personal Computers and Ultra small
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Rajya Sabha passes Mediation Bill, 2021
‘If you don’t want to go to litigation, the answer is mediation’, says Sudhanshu Trivedi.
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SEBI introduces Online Dispute Resolution Portal to harness disputes arising in Indian Securities Market
On 31-7-2023, the Securities and Exchange Board of India (‘SEBI') introduced a common Online Dispute Resolution Portal (‘ODR Portal') which will harness
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Legislation July Roundup 2023: 15+ Stories on Changes in GST Rates on Casino, Online Gaming etc; Introduction of IFSC Banking Company and Unit; SEBI Circulars; and more
LOK SABHA Lok Sabha passes Repealing and Amending Bill 2022 to repeal 76 obsolete laws The Repealing and Amending Bill, 2022 was
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Lok Sabha passes Jan Vishwas (Amendment of Provisions) Bill, 2022 to amend 42 Laws and decriminalize 3400 provisions
In 2022, the Jan Vishwas (Amendment of Provisions) Bill, 2022 was introduced in Lok Sabha proposing to introduce the burden of compliance
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Lok Sabha passes Repealing and Amending Bill 2022 to repeal 76 obsolete laws
The Repealing and Amending Bill, 2022 was introduced in the Lok Sabha by the then Union Law Minister, Kiren Rijiju on 19-12-2022
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Responsibilities of Manufacturer/ Refurbisher/ Recycler revised vide E-Waste (Management) Second Amendment Rules, 2023
On 25-7-2023, the Ministry of Environment, Forest and Climate Change notified the E-Waste (Management) Second Amendment Rules, 2023 to amend the E-Waste
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SEBI revises SEBI Stock Brokers Regulations 1992 exempting separate registration for participating in the tri-party repo segment
On 24-7-2023, the Securities and Exchange Board of India (‘SEBI’) notified the Securities and Exchange Board of India (Stock Brokers) (Second Amendment)
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Press Council takes suo motu cognizance against Dainik Bhaskar, Delhi Edition for publishing misleading, obscene and vulgar advertisements
On 20-7-2023, Justice Ranjana Prakash Desai, Chairperson, Press Council of India took suo motu cognizance against Dainik Bhaskar, Delhi Edition for publishing
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Section 12 of Competition (Amendment) Act, 2023 comes into force with effect from 18-7-2023
On 18-7-2023, the Ministry of Corporate Affairs appointed 18-7-2023 as the date on which the provision of Section 12 of the Competition
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Govt regularizes incineration of Wild Animals Articles, trophy, uncured trophy and meat derived
On 12-7-2023, the Ministry of Environment, Forest and Climate Change notified the Wild Life Disposal of Wild Animal Article Rules, 2023 to
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[GST Council 50th Meeting] Uniform 28% GST levied on Casino, Race Course and Online Gaming
On 11-7-2023, the Goods and Services Tax (‘GST’) Council in its 50th Meeting recommended changing GST tax rates, discussed measures for facilitation
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IFSC introduces definitions of IFSC Banking Company and IFSC Banking Unit
On 7-7-2023, the International Financial Services Centres Authority (‘IFSCA’) notified the International Financial Services Centres Authority (Banking) (Amendment) Regulations, 2023 to amend
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[Adani-Hindenburg Report] SEBI expert committee submits a 41 page-affidavit before the Supreme Court
The Supreme Court asks the chairperson and capital market regulator of the SEBI to thoroughly and specifically investigate any violation.
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SEBI amends Guidelines on “Pricing of Units” for Preferential Issue & Institutional Placement by REIT and InvIT
On 5-7-2023, the Securities and Exchange of India (‘SEBI') notified amendments to Guidelines for Preferential Issue and Institutional Placement of Units by
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Govt lays down various Procedures relating to import/ export/ procurement of Domestic Tariff Area of Ship by a Unit in IFSC
On 5-7-2023, the Ministry of Commerce and Industry notified the Special Economic Zones (Third Amendment) Rules, 2023 to amend the Special Economic
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Mah Govt announces additional Allowances and Post-Retirement Benefits to Retired Bombay High Court Judges
On 4-7-2023, the Maharashtra Government announced post- retirement benefits and allowances for housekeeping, chauffeur and telephone expenses to the retired Bombay High
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MoP streamlines Requirements of Captive Generating Plant vide Electricity (Amendment) Rules, 2023
On 30-6-2023, the Ministry of Power notified the Electricity (Amendment) Rules, 2023 to amend the Electricity Rules, 2005. The provisions came into
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MoF mandates prior approval of RBI to Use International Credit Card overseas for making transactions covered under Schedule III
On 30-6-2023, the Ministry of Finance further amended the Foreign Exchange Management (Current Account Transactions) Rules, 2000. It will be deemed to
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LEGISLATION JUNE 2023 ROUNDUP: 20+ Stories on Law Commission Report on Sedition Law and Adverse Possession; Females enrolling under Agniveer Scheme; and more
This roundup contains stories on Law Commission Report on Sedition Law and Adverse Possession; Females enrolling under Agniveer Scheme; e-Appeals Scheme; revised forms relating to Advanced Rulings; Penalty on Axis bank and many more.
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