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Call for Various Positions and Internships at MyLawman | attractive perks [Apply here]

Call for Various Positions and Internships at MyLawman | attractive perks [Apply here]

MyLawman - March 17, 2023

MyLawman is one of the fastest-growing Legal Community websites for Legal Resource sharing and an e-learning platform for law students, legal professionals, and legal academia.  As a one-stop solution, MyLawman caters to the differential needs of Law students and professionals across various divisions viz. legal blogs, opportunities, journals, judiciary preparation, and e-learning content including online courses. MyLawman is a growing family of around 1500+ law students as volunteers/ interns and campus ambassadors along with hundreds of law …

[Legal Update] 20 to 25 February 2023

[Legal Update] 20 to 25 February 2023

Vikash Pandey - March 17, 2023

Ministry of Corporate Affairs  MCA drops RoC approval for most corporate actions (February 20, 2023)  The Ministry of Corporate Affairs has simplified the process for corporate reporting, eliminating the need for approval by Registrars of Companies (RoCs)in most cases and allowing companies to fulfil their reporting obligations with an online acknowledgement. The new system, called “file and forget" by policy makers, is part of the government’s ongoing revamp of the statutory filing website, MCA21, one of the two people cited above said, …

[Legal Update] 17 February 2023 | Friday

[Legal Update] 17 February 2023 | Friday

Vikash Pandey - March 17, 2023

RBI  RBI releases Draft Reserve Bank of India (Government Securities Lending) Directions, 2023 (17 FEB 2023) In pursuance of the announcement made in the Statement on Developmental and Regulatory Policies issued as a part of the Bi-monthly Monetary Policy Statement for 2022-23 dated February 08, 2023, the Reserve Bank of India has today placed on its website Draft Reserve Bank of India (Government Securities Lending) Directions, 2023.  Comments on the Draft Directions are invited from banks, market participants and other interested parties by …

[Legal Update] 16 February 2023 | Thursday

[Legal Update] 16 February 2023 | Thursday

Vikash Pandey - March 17, 2023

RBI  Introduction of Foreign Contribution (Regulation) Act (FCRA) related transaction code in NEFT and RTGS Systems (16 FEB 2023) Under the FCRA, 2010 (amended as on September 28, 2020), foreign contributions must be received only in the “FCRA account” of State Bank of India (SBI), New Delhi Main Branch (NDMB). The contributions to the FCRA account are received directly from foreign banks through SWIFT and from Indian intermediary banks through NEFT and RTGS systems.   The instructions will be effective from March 15, 2023. These instructions …

[Legal Update] 15 February 2023 | Wednesday

[Legal Update] 15 February 2023 | Wednesday

Vikash Pandey - March 17, 2023

SUPREME COURT  Supreme Court to hear plea on menstrual leaves for female students, working women next week (15 FEB 2023) The Supreme Court, on Wednesday, will be considering a plea on seeking direction to state governments to frame rules for menstrual pain leaves for female students and working women on February 24. Advocate Vishal Tiwari mentioned the plea for an urgent hearing before a bench headed by Chief Justice of India D.Y. Chandrachud, who agreed for it to be listed. DETAILS :  Supreme Court to hear plea on menstrual leaves for female …

[Legal Update] 14 February 2023 | Tuesday

[Legal Update] 14 February 2023 | Tuesday

Vikash Pandey - March 17, 2023

SUPREME COURT  Can OCI Holders Be Exempted from FEMA Norms? Supreme Court Seeks Centre’s Stand (14 FEB 2023) For resident OCIs, who have a permanent address in India, an exemption was sought from Regulation 2(d) of the 2018 Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) Regulations. A bench of Justice KM Joseph and Justice BV Nagarathana on Monday issued notice on a plea, which has been filed at behest of Association of Resident Overseas Citizens of India and Families, averring that OCIs should not be sub…

[Legal Update] 13 February 2023 | Monday

[Legal Update] 13 February 2023 | Monday

Vikash Pandey - March 03, 2023

SUPREME COURT  Supreme Court dismisses plea challenging constitution of Delimitation Commission in J&K (13 FEB 2023) The Supreme Court on Monday dismissed a plea challenging the decision of the Union Government to constitute the Delimitation Commission for redrawing the Legislative Assembly and Lok Sabha constituencies in the Union Territory of Jammu and Kashmir. Two Srinagar-based residents namely Haji Abdul Gani Khan and Dr. Mohammad Ayub Mattoo have challenged the constitution of the Delimitation Commission. The duo observed that the de…