Legal Updates - Corporate Law Reporter

Govt. amends Regional Rural Banks (Appointment of Officers and Employees) Rules

MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 23rd August, 2017 S.O. 2743(E).— In exercise of the powers conferred by section 29 read with section 17 of the Regional Rural Banks Act, 1976 (21 of 1976), the Central Government, after consultation with the National Bank and the Sponsor Banks, hereby makes the… Read More

DGFT notifies MEIS schedule for the remaining goods

Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan Public Notice No. 17/2015-2020 New Delhi, dated the 22 August, 2017 Subject: Harmonising MEIS Schedule in the Appendix 3B (Table-2) with ITC (HS), 2017. The Directorate General of Foreign Trade had notified the Harmonized MEIS Schedule in… Read More

Supreme Court landmark Judgement-Right to Privacy

The Supreme Court today pronounced a landmark Judgement on individual privacy as a fundamental right protected by the Constitution. This ruling was delivered by a nine-judge bench headed by Chief Justice of India J S Khehar, comprises Justices J Chelameswar, S A Bobde, R K Agrawal, R F Nariman, A M Sapre, D Y Chandrachud,… Read More

Haryana to unveil startup policy in September

The state government of Haryana will be announcing its startup policy at the Digital Haryana Summit next month, in an attempt to make it easier for entrepreneurs to launch and run businesses in the state. The state government has worked on the policy for over two years. It will be finally be launched in the presence of chief minister Manohar Lal… Read More

EPFO revises Composite Claim Form for Death Cases

Employees’ Provident Fund Organisation (Ministry of Labour & Employment , govt. of India) Head Office Bhavishya Nidhi Bhavan, 14- Bhikhaji Cama Place, New Delhi -110066 No. manual/Amendment/2011/Pt/9536 Date: 21 August 2017 To All addl.CPFC(HQ/Zones), Regional P.F. Commissioners-Inchangeof Regional Officers Sub: Composite Claim Form For Death Case to replace erstwhile Form No. 20,10-D& 5-IF –… Read More

Prevention of Money-laundering (Maintenance of Records) Third Amendment Rules, 2017

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 21st August, 2017 G.S.R. 1038(E).—In exercise of the powers conferred by sub-section (1) read with clause (h), clause (i), clause (j) and clause (k) of sub-section (2) of section 73 of the Prevention of Money-laundering Act, 2002 (15 of 2003), the Central Government hereby makes… Read More

Competition Commission of India amends Lesser Penalty Regulation

THE COMPETITION COMMISSION OF INDIA NOTIFICATION The Competition Commission of India (Lesser Penalty) Amendment Regulations, 2017 (No. 1 of 2017) New Delhi, the 8th August, 2017 No. L-3(4)/Reg-L.P./2017-18/CCI.—In exercise of the powers conferred by section 64, read with section 46 and clause (b) of section 27 of the Competition Act, 2002 (12 of 2003), the… Read More

EPFO releases Form for authorisation for repayment of housing loan out of PF account

For Web Circulation Only Employees’ Provident Fund Organization (Ministry of Labour & Employment, Govt. of India) No: WSU/39(1)2017/Housing Scheme/10420 Dated: 18 AUG 2017 To All Addl. CPFC (HQ/Zone), Regional P.F. Commissioners-in charge of Regional Offices. Sub: Withdrawal under paragraph 68-BD of EPF Scheme, 1952 to facilitate housing needs of the PF members – Regarding … Read More

Import policy of Urad/Moong dal revised from ‘free’ to ‘restricted’

To be published in the Gazette of India Extraordinary Part-II , Section -3 Sub –Section(ii) Government of India Ministry of commerce and Industry Department Commerce Directorate General of Foreign Trade Notification No. 22/2015-2020 New Delhi, dated 21 August , 2017 Subject : Amendment in import policy of Beans of the species Vigna mungo (L.) Hepper… Read More

Govt. simplifies procedure of handling over of PPO to retiring emloyee

No. 1/27/2011-P&PW(E) Government of India Ministry of Personnel, P.G.& Pensions Department of Pension & Pensioners’ Welfare 3Rd Floor,Lok Nayak Bhavan, Khan Market, new Delhi, The 1st August , 2017 Office Memorandum Sub: Simplification of pension procedure- Handling over of PPO to the retiring employee by the Head of Office before retirement and Submission of undertaking… Read More

ICSI withdraws Secretarial Standards- 1& 2 w.e.f 30th September, 2017

THE INSTITUTE OF COMPANY SECRETARIES OF INDIA (Statutory Body under an Act of Parliament) NOTIFICATION New Delhi, the 16th August, 2017 F. No. ICSI/6/2017.—The Notification ICSI No.1 (SS) of 2015 dated 23rd April, 2015, published in the Gazette of India, Part III, Section 4, with regard to (i) SS-1: Secretarial Standard on Meetings of the… Read More

SEBI issues circular on Curbing misuse of bulk SMS in the Securities Market

PR No.: 54/2017 … Read More

CBEC reduces IGST rate on specified parts of tractors from 28% to 18 %

[TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY] GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No.19/2017- Integrated Tax (Rate) New Delhi, the 18th August, 2017 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 5 of the Integrated Goods and… Read More