The Ministry of Law & Justice, on 23rd September 2020, vide notification no. CG-DL-E-23092020-221917 notified the Insolvency and Bankruptcy Code (Second Amendment) Act, 2020. It shall be deemed have come into force on the 5th day of June, 2020. A new Section 10A has been inserted, as per which, notwithstanding anything contained in sections 7, […]
The Hon’ble President of India, on 5th June 2020, promulgated the Insolvency & Bankruptcy Code (Amendment) Ordinance, 2020 vide notification no. CG-DL-E-05062020-219746. As per the ordinance, since the COVID-19 has impacted business, financial markets and economy all over the world, including India, and created uncertainty and stress for business for reasons beyond their control and […]
The Hon’ble President of India , on 22nd April 2020, has promulgated the Epidemic Diseases (Amendment) Ordinance, 2020 further to amend the Epidemic Diseases Act, 1897. Applicability Earlier, the application of the act did not extend to territories which, immediately before the 1stNovember, 1956, were comprised in Part B States, however, now it does. Definitions […]
Central Government’s, the Ministry of Law and Justice, on 13th March 2020, vide Notification No. CG-DL-E-14032020-218654 in the Extra-ordinary Gazette of India, notified the the new Insolvency and Bankruptcy Code (Amendment) Act, 2020 vide which the Insolvency and Bankruptcy Code, 2016 has been amended further. Applicability It shall be deemed to have come into force […]
Citizenship (Amendment) Act, 2019 received assent of the President on 12th December 2019. Power to grant certificate It empowers the Central Government or an authority specified by it in this behalf to grant a certificate of registration or certificate of naturalisation to an illegal migrant on an application made in this behalf. However, this power […]
Any person or enterprise, who or which proposes to enter into a combination as described in the Competition Act (Section 5), is required by law (Section 6(2) of the Competition Act) to give notice to the Competition Commission of India in the prescribed form [ordinarily Form I specified in Schedule II of the Competition Commission […]
The Ministry of Law and Justice on 9thAugust 2019, notified the Arbitration and Conciliation (Amendment) Act, 2019. to further amend the Arbitration and Conciliation Act, 1996. Amendments Definition of “Arbitral Institution” After the amendment, a new term “Arbitral Institution” has been introduced in the Act which shall mean, an arbitral institution designated by the Supreme […]
