Tag: ordinance
The Companies (Amendment) Act 2019 assented by the President on 31st July, 2019 In order to review the existing provisions of the The Companies Act, 2013 (the Act) dealing with the offences and better corporate compliance, the Government of India had constituted a Committee. On the recommendations made …
Aadhaar and Other Laws (Amendment) Ordinance 2019 promulgated by the President The Aadhaar and Other Laws (Amendment) Ordinance 2019 was necessitated as the Aadhaar and Other Laws (Amendment) Bill 2019 passed by the Lok Sabha (House of People) in January is still pending in the Rajya Sabha (Council …
The Banning of Unregulated Deposit Schemes Act 2019 has received the assent of the President on the 31st July, 2019. The Act puts a comprehensive ban on unregulated deposit taking activity making it a punishable offence The President of India on the 21st February, 2019 had promulgated the …
President promulgates the Companies (Amendment) Second Ordinance 2019. Different financial year allowed to certain companies and re-categorisation of minor offences as civil defaults In pursuance of the Government’s objective of providing Ease of Doing Business to Law abiding corporate while simultaneously strengthening the corporate governance and compliance framework …
Companies Amendment Ordinance 2019 promulgated to replace 2018 Ordinance as the Companies (Amendment) Bill 2019 not passed in Council of States The President of India had promulgated the Companies (Amendment) Ordinance, 2018 to further amend the Companies Act, 2013 in exercise of the powers conferred by clause (1) of article 123 …
President Approves Promulgation of the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018. The President today gave assent to promulgate the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018. The Ordinance provides significant relief to home buyers by recognizing their status as financial creditors. This would give them due representation in …
