BANKRUPTCY CODE: A PROGRESSIVE BILL AND A NEED OF THE HOUR
INTRODUCTION: Law as an instrument is the best tool as well as the worst disability. It can enable you, and at the same time varied interpretation of the same law may disable your process. It is, therefore, of central importance that law should enable business or what in better way is known as enable “ease… Read More
Government Approves Seven (07) Proposals of Foreign Direct Investment (FDI)
Government Approves Seven (07) Proposals of Foreign Direct Investment (FDI) Amounting to Rs. 517.57 crore Approximately Based on the recommendations of Foreign Investment Promotion Board in its 233rd meeting held on 8th April 2016, the Government has approved seven FDI proposals involving FDI of Rs. 517.57 crore, which includes post facto amount of Rs. 18.46… Read More
Winding up of National Manufacturing Competitiveness Council
MINISTRY OF COMMERCE AND INDUSTRY (Department of Industrial Policy and Promotion) NOTIFICATION New Delhi, the 11th March, 2016 S.O. 1100(E)----In pursuance of the decision taken by the Cabinet Committee of Economic Affairs(CCEA) in its meeting on 2nd March, 2016, the Central Government hereby notifies the winding up of National Manufacturing Competitiveness Council with immediate effect.… Read More
Ease of doing construction business in Delhi and Mumbai
Progress on ease of doing construction business in Delhi and Mumbai reviewed DIPP lauds 4-page Common Application Form introduced by MCDs Substantial progress in integration of approvals by different agencies in Delhi The three Municipal Corporations of Delhi have reported substantial progress in respect of ensuring single window clearences for construction projects in the stipulated… Read More
Foreign Direct Investment in Limited Liability Partnerships
Limited Liability Partnership [hereinafter, LLP] has been recognized as a premium vehicle for business administration of service providers on account of its perpetual succession, restricted liability and efficient structure. The principal Act, i.e., the Limited Liability Partnership Act, 2008 [hereinafter, LLP Act], whose primary object is to enable professional expertise and entrepreneurial initiative, was widely… Read More
Clarifications on Guidelines on Cross Border Reinsurers
Guidelines on Cross Border Reinsurers Ref: IRDAI/NL/GDL/RIN/017/01/2016 Date: 19-01-2016 1. Introduction The Authority had vide Circular ref IRDA/NL/GDL/RIN/015/01/2012 dated 06- 01-2012 issued Guidelines on submission of information on Cross Border Reinsurers not having any physical presence in India and do reinsurance business with Indian insurance companies. The above guidelines are revised herewith in order to… Read More
Corrigendum – II for Creative agency for Startup India
No. 6(7)/2016-BE.I Government of India Ministry of Commerce and Industry Department of Industrial Policy and Promotion BE-I Section ... New Delhi, the 6th April, 2016 CORRIGENDUM This is with reference to RFP document for proposal (Rfp) document for selection of Creative Agency for Startup India for Department of Industrial Policy and Promotion uploaded on the… Read More
Winding up of National Manufacturing Competitiveness Council
MINISTRY OF COMMERCE AND INDUSTRY (Department of Industrial Policy and Promotion) NOTIFICATION New Delhi, the 11th March, 2016 S.O. 1100(E).- In pursuance of the decision taken by the Cabinet Committee of Economic Affairs(CCEA) in its meeting on 2nd March, 2016, the Central Government hereby notifies the winding up of National Manufacturing Competitiveness Council with immediate effect.… Read More
Extension for uploading of status of KYC related details for Insurance Policies on Insurance Transactions Exchange (iTrex)
Ref:IRDA/INT/CIR/INSRE/066/04/2016 Date:06-04-2016 Extension for uploading of status of KYC related details for Insurance Policies on Insurance Transactions Exchange (iTrex). This refers to the Authority’s circular ref: IRDA/INT/CIR/INSRE/032/02/2016 dated 20th February, 2016 and a letter (Ref: IRDA/INT/2015/6) dated 29th March, 2016 requesting uploading the status of KYC related details for Insurance Policies up to 31st December,… Read More
Implementation of One Rank One Pension
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval for implementation of One Rank One Pension (OROP). The details are as follows: 1. The benefit will be given with effect from 1st July, 2014. 2. Pension will be re-fixed for pre 1.7.2014 pensioners retiring in the same… Read More
Cabinet approves recommendations of 14th Finance Commission on fiscal deficit targets and additional fiscal deficit to States during 2015-20
The Union Cabinet chaired by the Hon’ble Prime Minister has today given its approval to Recommendations on Fiscal Deficit Targets and Additional Fiscal Deficit to States during Fourteenth Finance Commission (FFC) award period 2015-20 under the two flexibility options recommended in para 14.64 to 14.67 of its Report (volume – I). FFC has adopted the… Read More
Notice for abandonment of Trademark Applications by Trademarks Authority
GOVERNMENT OF INDIA Ministry of Commerce & Industries Office of the Controller General Patents, Designs and Trademarks Boudhik Sampada Bhawan, S. M. Road, Antop Hill, Mumbai 400037 CG Office/TMR/Public Notice/2016 dated: 04/04/2016 Public Notice This office has taken steps to treat the applications as abandoned in which no reply to examination report containing office objections to… Read More
Mediation in cases pending before Registrar of Trade Marks, at the Trade Marks Registry Delhi
GOVERNMENT OF INDIA Ministry of Commerce & Industries Office of the Controller General Patents, Designs and Trademarks Boudhik Sampada Bhawan, S. M. Road, Antop Hill, Mumbai 400037 No. CG/TMR Del/DSLSA/ Dated: 31.03.2016 PUBLIC-NOTICE Mediation in cases pending before Registrar of Trade Marks, at the Trade Marks Registry Delhi In view of the pendency of Opposition/Rectification… Read More
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