Mid-Quarter Monetary Policy Review: September 2013
Click here to Download the Report Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: reduce the marginal standing facility (MSF) rate by 75 basis points from 10.25 per cent to 9.5 per cent with immediate effect; reduce the minimum daily maintenance… Read More
The Pension Fund Regulatory and Development Authority bill, 2013
The Pension Fund Regulatory and Development Authority Bill, 2013 has received the assent of the President of India. It has now been published in the Gazette of India, Extraordinary, Part-II, Section-1, dated the 19th September 2013 as Act No. 23 of 2013. Read More
The Rajiv Gandhi National Aviation University Bill, 2013
The Rajiv Gandhi National Aviation University Bill, 2013 has received the assent of the President of India. It has now been published in the Gazette of India, Extraordinary, Part-II, Section-1, dated the 19th September 2013 as Act No. 26 of 2013. Read More
Food Security Act Readiness Review
In the wake of the just-enacted National Food Security Act, the Union Minister for Food and Public Distribution, Prof. K V Thomas, today reviewed the operations of Food Corporation of India (FCI), especially from the point of view of its preparedness for implementing the law. Shri Sudhir Kumar, Secretary (Food and Public Distribution), was also… Read More
The Constitution (Scheduled Tribes) Order (Amendment) Bill, 2013
The Constitution (Scheduled Tribes) Order (Amendment) Bill, 2013 has received the assent of the President of India. It has now been published in the Gazette of India, Extraordinary, Part-II, Section-1, dated the 19th September 2013 as Act No. 24 of 2013. Read More
Removal of controls imposed under the Essential Commodities Act, 1955
Removal of controls imposed under the Essential Commodities Act, 1955; Extension of the validity of Central Orders dated 27.09.2012 in respect of pulses, edible oils and edible oilseeds beyond 30.09.2013 The Union Cabinet today approved the proposal for extending the validity of the Central Order of 27.09.2012 issued in respect of pulses, edible oils and edible… Read More
Clarifications Seeking the Levy of Service Tax on Certain Services Relating to the Education Sector issued
Various representations have been received seeking clarifications regarding the levy of service tax on certain services relating to the education sector. Following are the representations received in this regard: Private Schools Correspondents Confederation, Madurai. Tamil Nadu Nursery, Primary, matriculation and Higher Secondary Schools Association, Chennai. Punjab Association, Chennai. Association of Self financing Universities of Rajasthan… Read More
Promulgation of the Securities Laws (Amendment) Second Ordinance 2013
The President was pleased to promulgate the Securities Laws (Amendment) Second Ordinance, 2013 (No. of 2013) under clause (1) of the Article 123 of the Constitution on September 16, 2013. This was consequent to the approval of the Cabinet, which met on September 12, 2013, to keep in force the amendments to the Securities and… Read More
Draft Rules under Companies Act 2013 :: XXVII :: National Company Law Tribunal and Appellate Tribunal
Click Here to download the Draft Rule for Chapter XXVII -------------------------------------------------------------------------------------------- DRAFT RULES UNDER COMPANIES ACT, 2013 CHAPTER XXVII NATIONAL COMPANY LAW TRIBUNAL RULES, 2013 In exercise of the powers conferred by section 469 read with section 408 of Companies Act, 2013 the Central Government hereby makes the following rules namely:- Part I Preliminary Short… Read More
Draft Rules under Companies Act 2013 :: Chapter XXVIII :: Special Courts (Mediation and Conciliation Panel)
Click Here to Download the Draft Rule for Chapter XXVIII -------------------------------------------------------------------------------------------- DRAFT RULES UNDER THE COMPANIES ACT, 2013 Chapter XXVIII (Rules in respect of Clause 442: MEDIATION AND CONCILIATION PANEL) 28.1. Panel of mediators/conciliators. (a) For the purposes of sub-section (1) of section 442 of the Act, any body, institute or association which has been authorized… Read More
Draft Rules under Companies Act 2013 :: Chapter XXI :: Companies authorized to register under this Act
The Draft Rule for Chapter XXI can be downloaded from here -------------------------------------------------------------------------------------------- DRAFT RULES UNDER COMPANIES ACT, 2013 CHAPTER XXI PART I. Companies authorized to register under this Act 21.1. (1) For the purposes of sub-section (2) of section 366, the provision of Chapter II relating to name availability and incorporation of a company shall… Read More
Draft Rules under Companies Act 2013 :: Chapter XVII :: Registered Valuers
Click Here to Download the Draft Rules for Chapter XVII -------------------------------------------------------------------------------------------- DRAFT RULES UNDER COMPANIES ACT, 2013 CHAPTER XVII REGISTERED VALUERS Definition 17.1 ˜Registered Valuer™ means a person registered as a Valuer under Chapter XVII of the Act. Registration as Valuers. 17.2 (1) For the purposes of sub-section (1) of section 247, the Central Government… Read More
Draft Rules under Companies Act 2013 :: Chapter XV :: Compromises, Merger and Amalgamations
Click Here to Download the Draft Rules for Chapter XV -------------------------------------------------------------------------------------------- DRAFT RULES UNDER COMPANIES ACT, 2013 Chapter XV COMPROMISES, ARRANGEMENT AND AMALGAMATIONS 15.1 Application for order of a meeting (1) An application along with a Notice of Admission supported by an affidavit in Form No. 15.1 under sub-section (1) of section 230 for an… Read More
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