Provision for Grace Period and Certificate of Inventorship introduced vide Patent (Amendment) Rules, 2024
Duplicate certificate of inventorship can be issued by Controller on conditions.
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SEBI introduces Small and Medium REITS vide SEBI (REIT) (Amendment) Regulations, 2024
SEBI increases the ambit of the definition of REIT.
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CBDT exempts TDS for IFSC Units
The provisions will come into force on 1-4-2024.
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Committee Report recommends Digital Competition Act with ex-ante measures
The Committee compared traditional markets with digital markets to hint towards the threshold for intervention, and also looked into prevailing trends in other countries.
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SEBI mandates Registration of Index Providers vide SEBI (Index Providers) Regulations, 2024
Certificate of Registration will be unless cancelled or suspended by the Board.
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MCA enhances existing threshold value of assets and turnover for purpose of combination filing
Value of assets and turnover increased by 150% based on the wholesale price index.
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Citizenship (Amendment) Rules, 2024, notified
The Citizenship (Amendment) Act, 2019 (‘CAA’) received the President’s assent on 12-12-2019 and came into force on 10-01-2020.
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CCI notifies Competition Commission of India (Determination of Monetary Penalty) Guidelines, 2024
CCI issues guidelines to bring transparency in method of calculating penalties.
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MeitY issues advisory on Misinformation and Deepfake mandating unique metadata
Advisory mandates to label a permanent unique metadata on every work to identify the source and creator in case of misinformation and deepfake.
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Right to Abortion | French Senate votes in favour of enshrining Freedom of Women to Voluntarily Terminate Pregnancy in the French Constitution
The aim to enshrine the right to abortion in the French Constitution which gained impetus after SCOTUS overruled Roe v. Wade in 2022 was finally fulfilled with 780 MPs favouring the inclusion.
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PFRDA decreases turnaround time for grievance redressal to 21 days
On expiration of turnaround time, complainant can file appeal with the Ombudsman.
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Ministry of Power reduces maximum time limit for granting new connections and modifying existing connections
Separate connection can be provided by Distribution Licensee for charging of Electric Vehicles.
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Labour Ministry increases Expenditure limit of contracts which need prior sanction of Standing Commitee to Rs. 25 crores
Ministry of Labour and Employment notified the Employees’ State Insurance (Central) Amendment Rules, 2024.
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New Criminal Laws notified: Will be effective from July 1, 2024
Centre notifies new Criminal laws on 23-2-2024.
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RBI advises NPCI to examine request of One97 Communication Ltd to become a Third-Party Application Provider
RBI lays down additional steps to be followed by Paytm Payments Bank Ltd.
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MoHFW allows One Donor Gamete for undergoing Surrogacy subject to medical conditions prescribed by District Medical Board
MoHFW notifies Surrogacy (Regulation) Amendment Rules, 2024 allowing one donor gamete in certain circumstances.
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CCI introduces provision for Lesser Penalty Plus vide CCI (Lesser Penalty) Regulations, 2024
CCI notifies the Competition Commission of India (Lesser Penalty) Regulations, 2024.
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IBBI introduces Monitoring Committe for streamlining implementation of Resolution Plan
IBBI notifies Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2024.
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IBBI excludes assets in a real estate project that have been handed over to the allottee from liquidation process of the company
IBBI notifies Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2024.
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Governance and operational standards of Central Recordkeeping Agencies enhanced vide PFRDA (Central Recordkeeping Agency) (Amendment) Regulations, 2023
On 9-2-2024, the Pension Fund Regulatory and Development Authority (‘PFRDA’) notified the Pension Fund Regulatory and Development Authority (Central Recordkeeping Agency) (Amendment)
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