Legislation Updates Archives

SEBI issues clarification on discontinuation of usage of pool accounts for transactions in units of MFs

On March 15, 2022, the Securities and Exchange Board of India (SEBI) has issued clarification on discontinuation of usage of pool accounts

Legislation Updates Notifications

Path-breaking step in the large scale Battery Energy Storage System (BESS)

On 10th March, 2022, Ministry of Power has issued guidelines for the procurement of Battery Energy Storage Systems (BESS) in the generation,

Legislation Updates Rules & Regulations

RBI issues Regulatory Framework for Microfinance Loans

The Reserve Bank has issued Reserve Bank of India (Regulatory Framework for Microfinance Loans) Directions, 2022 for regulating microfinance loans. The Directions

Foreign Legislation Legislation Updates

USA- Indiana | Private Employer prohibited from mandating Covid-19 vaccine

On March 3, 2022, Governor Holcomb has signed House Bill 1001 into law, which prohibits private employers from mandating the COVID-19 vaccine

Legislation Updates Rules & Regulations

Karnataka Stamp (Amendment) Act, 2022

On March 04, 2022, the State Government of Karnataka published the Karnataka Stamp (Amendment) Act, 2022 to amend the Karnataka Stamp Act,

Legislation Updates Rules & Regulations

Provisions on Bachelors degree for Siddha System of medicine notified vide National Commission for Indian System of Medicine (Minimum Standard of Undergraduate Siddha Education) Regulations, 2022

On 9th March, 2022, the National Commission for Indian System of Medicine notified National Commission for Indian System of Medicine (Minimum Standard

Legislation Updates Statutes/Bills/Ordinances

Requirement of holding a valid passport while living in India, introduced vide Foreigners (Amendment) Order, 2022

On March 08, 2022, the Central Government has made the Foreigners (Amendment) Order, 2022 to amend the Foreigners Order, 1948. Key points:

Cabinet Decisions Legislation Updates

Cabinet approves MoU signed between Indian Council of Medical Research, India and Deutsche Forschungsgemeinschaft e.V. (DFG), Germany

The Union Cabinet has approved Memorandum of Understanding signed between the Indian Council of Medical Research, India and Deutsche Forschungsgemeinschaft e.V. (DFG),

Legislation Updates Rules & Regulations

ESIC eases conditions for women to claim sickness benefits vide Employees’ State Insurance (Central) Amendment Rules, 2022

The Central Government, after consultation with the Employees’ State Insurance Corporation, notifies Employees’ State Insurance (Central) Amendment Rules, 2022 to amend the Employees’

Legislation Updates Notifications

Ministry of Commerce extends last date for submission of applications under certain Scrip based Schemes

On March 7, 2022, the Ministry of Commerce has issued a notification for extending last date for submission of applications under certain

Legislation Updates Notifications

SEBI issues revision to operational circular for increasing limit for investment through UPI mechanism to Rs. 5 lakh

On August 10, 2021, SEBI has issued an Operational Circular no. SEBI/HO/DDHS/P/CIR/2021/613 which provided an option to investors to apply in public

Legislation Updates Rules & Regulations

Dealer and manufacturer to be made party for filing case where samples were drawn from dealers out of original sound bags and found to be non-standard

On March 07, 2022, the Central Government made Fertiliser (Inorganic, Organic or Mixed) (Control) Amendment Order, 2022 Order further to amend the

Legislation Updates Notifications

SEBI issues circular on automation of disclosure requirements under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

SEBI has issued a circular on Automation of disclosure requirements under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in order

Legislation Updates Statutes/Bills/Ordinances

Draft Motor Vehicles (Registration and Functions of Vehicle Scrapping Facility Amendment) Rules, 2022

On March 04, 2022, the Ministry of Road Transports and Highways (MoRTH) has issued the draft Motor Vehicles (Registration and Functions of

Legislation Updates Rules & Regulations

Application for allotment of DPIN not to be made by more than five individuals in Form FiLLiP vide Limited Liability Partnership (Second Amendment) Rules, 2022

On March 04, 2022, the Ministry of Corporate Affairs (MCA) has notified Limited Liability Partnership (Second Amendment) Rules, 2022 to amend Limited

Legislation Updates Rules & Regulations

Provision on cases requiring deactivation of Aadhaar Number, modified vide Aadhaar (Enrolment and Update) (Ninth Amendment) Regulations, 2022

On March 03, 2022, the Unique Identification Authority of India has issued the Aadhaar (Enrolment and Update) (Ninth Amendment) Regulations, 2022 to

Legislation Updates Rules & Regulations

Provisions for conducting general meetings through audio-visual means introduced vide Life Insurance Corporation of India General (Amendment) Rules, 2022

The Central Government notifies Life Insurance Corporation of India General (Amendment) Rules, 2022 in order to amend the Life Insurance Corporation of