Legislation Updates Archives

Board may grant reward in case of total reward payable is less than or equal to Rs. one crore upon the issuance of the final order

On August 05, 2021, the Securities Exchange Board of India makes Securities and Exchange Board of India (Prohibition of Insider Trading) (Second

Foreign Legislation Legislation Updates

USA | USCIS issues guidance to eliminate barriers to U.S. Citizenship for Children Born Abroad Through Assisted Reproductive Technology

On August 5, 2021, U.S. Citizenship and Immigration Services (USCIS) has released an updated policy guidance for determining whether children born through

Legislation Updates Statutes/Bills/Ordinances

Airports Economic Regulatory Authority of India Bill 2021 passed in Parliament

On August 04, 2021, the Airports Economic Regulatory Authority of India Bill, 2021 passed in Parliament in order to develop not only

Legislation Updates Rules & Regulations

Asset Management Company to evaluate schemes based on risks, before investing, notified vide SEBI (Mutual Funds) (Second Amendment) Regulations, 2021

The Securities and Exchange Board of India has notified SEBI (Mutual Funds) (Second Amendment) Regulations, 2021 on August 5, 2021. They shall

Legislation Updates Rules & Regulations

Electronic based offering of securities not to be construed as electronic mode under Rule 2(1)(h) of Companies (Specification of definitions details) Third Amendment Rules, 2014

The Ministry of Corporate Affairs has notified Companies (Specification of definitions details) Third Amendment Rules, 2021 on August 5, 2021. The

Legislation Updates Notifications

Foreign companies and companies incorporated outside India exempted from purview of sections 387 to 392 to the extent they relate to offering for subscription in the securities and requirements related to prospectus

On August 05, 2021, the Ministry of Corporate Affairs has issued a notification to exempt foreign companies and companies incorporated or to

Legislation Updates Statutes/Bills/Ordinances

Forms for registration, license and issuance of certificate revised vide Tea (Marketing) Control (Amendment) Order, 2021

The Ministry of Commerce and Industry has notified the Tea (Marketing) Control (Amendment) Order, 2021 on July 30, 2021. The amendment makes

Legislation Updates

Credit rating agency shall only rate securities that are listed or proposed to be listed on a stock exchange, stated vide SEBI (Credit Rating Agencies) (Amendment) Regulations, 2021

The Securities and Exchange Board of India has notified the SEBI (Credit Rating Agencies) (Amendment) Regulations, 2021 on August 3, 2021. The

Legislation Updates Rules & Regulations

Only Independent Directors to approve related party transactions vide SEBI (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2021

The Securities and Exchange Board of India has passed SEBI (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2021 on August 3,

Legislation Updates Statutes/Bills/Ordinances

Draft Scheme for Compensation to victims of Hit & Run Accidents, 2021

On August 02, 2021, the Ministry of Road Transport and Highways has issued the Draft Scheme for Compensation to victims of Hit

Cabinet Decisions Legislation Updates

Cabinet approves continuation of Centrally Sponsored Scheme for Fast Track Special Courts for further 2 years

The Union Cabinet has approved the continuation of 1023 Fast Track Special Court (FTSCs) including 389 exclusive POCSO Courts as a Centrally

Legislation Updates Rules & Regulations

SEBI | NRI or OCI could be constituents of applicant under SEBI (Foreign Portfolio Investors) (Amendment) Regulations, 2021

SEBI has issued Securities and Exchange Board of India (Foreign Portfolio Investors) Amendment Regulations, 2021 on August 3, 2021. The amendment makes

Legislation Updates Rules & Regulations

Battery-operated vehicles exempted from RC issue, renewal fees vide Central Motor Vehicles (Sixteenth Amendment) Rules, 2021

The Ministry of Road Transport and Highways has amended the Central Motor Vehicles Rules, 1989, notifying the Central Motor Vehicles (Sixteenth Amendment)

Foreign Legislation Legislation Updates

SCC Times

Legislation Updates

Board may grant reward in case of total reward payable is less than or equal to Rs. one crore upon the issuance of the final order

USA | USCIS issues guidance to eliminate barriers to U.S. Citizenship for Children Born Abroad Through Assisted Reproductive Technology

Airports Economic Regulatory Authority of India Bill 2021 passed in Parliament

Asset Management Company to evaluate schemes based on risks, before investing, notified vide SEBI (Mutual Funds) (Second Amendment) Regulations, 2021

Electronic based offering of securities not to be construed as electronic mode under Rule 2(1)(h) of Companies (Specification of definitions details) Third Amendment Rules, 2014

Foreign companies and companies incorporated outside India exempted from purview of sections 387 to 392 to the extent they relate to offering for subscription in the securities and requirements related to prospectus

Forms for registration, license and issuance of certificate revised vide Tea (Marketing) Control (Amendment) Order, 2021

Credit rating agency shall only rate securities that are listed or proposed to be listed on a stock exchange, stated vide SEBI (Credit Rating Agencies) (Amendment) Regulations, 2021

Only Independent Directors to approve related party transactions vide SEBI (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2021

Draft Scheme for Compensation to victims of Hit & Run Accidents, 2021

Cabinet approves continuation of Centrally Sponsored Scheme for Fast Track Special Courts for further 2 years

SEBI | NRI or OCI could be constituents of applicant under SEBI (Foreign Portfolio Investors) (Amendment) Regulations, 2021

Battery-operated vehicles exempted from RC issue, renewal fees vide Central Motor Vehicles (Sixteenth Amendment) Rules, 2021

UK | European Convention on Human Rights protocol comes into force

SEBI issues circular for permitting non-scheduled Payments Banks to register as Bankers to an Issue

CBDT extends due dates for electronic filing of various Forms under the Income-tax Act, 1961

New Zealand | New legislation banning conversion therapy for LGBTQ, introduced in parliament

Pittsburgh, Pennsylvania enacts another temporary COVID-19 paid sick leave Ordinance

Marine Aids to Navigation Act, 2021 comes into force, rescinding 90-year-old Lighthouse Act, 1927

Parliament passes ‘Inland Vessels Bill, 2021’ to repeal and replace the existing Inland Vessels Act, 1917