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LAW News

 Finance Minister announces Rs 1.70 Lakh Crore relief package under Pradhan Mantri Garib Kalyan Yojana for the poor to help them fight the battle against Coronavirus Insurance cover of Rs 50 Lakh per health worker fighting COVID-19 to be provided under Insurance Scheme 80 crore poor peo..

Posted in LAW |   455 Views

Update: Union Labour Ministry notifies amendment in EPF Scheme to allow withdrawal of non-refundable advance by EPF members in the event of outbreak of pandemic EPFO directs its field offices to process claims promptly Union Ministry of Labour and Employment has issued notification GSR 225(..

Posted in LAW  1 comments |   3665 Views

This Court has taken Suo Motu cognizance of the situation arising out of the challenge faced by the country on account of Covid-19 Virus and resultant difficulties that may be faced by litigants across the country in filing their petitions/applications/suits/ appeals/all other proceedings within the..

Posted in LAW  1 comments |   903 Views

The Lok Sabha passed the finance bill 2020 today without any debate. The Finance Minister announced no package for fighting with the adverse effects of COVID-19 in the house neither did she throw any light on the extension of the Financial Year or statutory due dates. The leaders of the opposition d..

Posted in LAW |   236 Views

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today approved the proposal to make amendments in the Insolvency and Bankruptcy Code, 2016 (code), through the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019.  The amendments aim to remove certain difficulties bein..

Posted in LAW |   617 Views

The Payment of Gratuity (Amendment) Bill, 2018 has been passed by parliament today.The bill ensures harmony amongst employees in the private sector and Public Sector Undertakings/Autonomous Organizations under Government who are not covered under CCS (Pension) Rules. These employees will be entitled..

Posted in LAW  1 comments |   957 Views

The Income Declaration Scheme, 2016 incorporated as Chapter IX of the Finance Act 2016 provides an opportunity to all persons who have not declared income correctly in earlier years to come forward and declare such undisclosed income(s). Under the Scheme, such income as declared by the eligible p..

Posted in LAW  2 comments |   2348 Views

 Insolvency and Bankruptcy code 2016 passed by Lok Sabha  PFA the attached file for more details ..

Posted in LAW |   816 Views

The Negotiable Instruments (Amendment) Bill, 2015 notified; Focus on clarifying the jurisdiction related issues for filing cases for offence committed under Section 138 of the Act    The Negotiable Instruments (Amendment) Bill, 2015 was passed by the Parliament in the recently conclude..

Posted in LAW  1 comments |   3017 Views

Following is the Summary of the Recommendations of the Bankruptcy Law Reforms Committee (BLRC) The Report of the BLRC is in two parts: i. Rationale and Design/Recommendations; ii. A comprehensive draft Insolvency and Bankruptcy Bill covering all entities. The draft Bill has consolidated ..

Posted in LAW  5 comments |   2311 Views

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