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SUO LAW

IBBI Notifies Procedure For Issuing Regulation Under Insolvency Law

The Insolvency and Bankruptcy Board of India has notified the procedure that needs to be devised for issuing regulations under the insolvency law. An official release issued today notified that for making or amending regulations under the Insolvency and Bankruptcy Code, a set of procedures would be followed. Section 196 (1) …

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Only Bharat Stage VI Vehicle To Be Sold From 2020: SC

New Delhi: The Supreme Court Wednesday said that no Bharat Stage IV vehicle shall be sold across the country with effect from April 1, 2020. The Bharat stage emission standards are standards instituted by the government to regulate the output of air pollutants from motor vehicles. A three-judge bench headed by …

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SC Allows Sale, Use Of Firecrackers This Diwali But With Conditions

NEW DELHI: There will be no blanket ban on the sale of firecrackers this Diwali. The Supreme Court on Tuesday issued a slew of directions to limit the impact on worsening air pollution. Only less polluting, green firecrackers sale will be allowed. Green crackers are “reduced emission crackers”. According to the …

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SC Asks Centre To Equip JJB With Video-Conferencing Facility

The Supreme Court on Monday asked the Centre to notify it on whether the Observation Homes and Juvenile Justice Boards are equipped with the video-conferencing facility. Observation Home is an institution, where neglected and delinquent juveniles are kept for a few weeks during an inquiry or trial. A bench of Justices Madan B Lokur …

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TCS Among Top Ten Firms To Get Foreign Labour Certification For H-1B Visas

Washington: Tata Consultancy Services is the only Indian company among top 10 firms to get foreign labor certification for the H-1B visas for the fiscal year 2018, according to data from the US Department of Labour. The H-1B visas are the most sought-after among Indian IT professionals. The visa programme allows …

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India, China Sign Internal Security Cooperation Agreement

New Delhi: Marking a new beginning in Indo-China relationship, Internal Security Cooperation Agreement was signed between the two countries on Monday. A High-Level meeting co-chaired by Union Home Minister Rajnath Singh with State Councilor and Minister of Public Security of the People’s Republic of China, Zhao Kezhi, happened in Delhi. Issues of mutual …

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MHA Relaxes Visa Procedure For Foreign Patients

To give a boost to the medical industry in India, the Ministry of Home Affairs has relaxed the visa procedure to avail medical treatment. According to the recent revisions, foreigners with long-term visas of six months and more need not convert to medical visas for treatment of minor conditions which …

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RBI Issues Dissent Note, Opposes Idea Of Constituting Independent Payments Regulator

Reserve Bank of India has issued a dissent notice on the Inter-Ministerial Committee for finalization of Amendments to the Payment and Settlement System (PSS) Act, 2007. In the dissent notice, it critically opposed the idea of constituting an independent body for regulating payments. The Committee was formed by the Government under the …

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Government Decides To Increase The Tenure Of FSAs Between CIL And Steel Industry

New Delhi: Coal India Ltd (CIL) which accounts for over 80 percent of the domestic coal production, has decided to increase the tenure of fuel supply pacts to be signed with the steel industry. According to a notice published by CIL, the pact will be signed for a period of 10 …

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RBI Announces Steps To Increase Liquidity Flow To Non-Banking Financial Conmpanies

Mumbai: The Reserve Bank of India has issued a statement announcing more measures to increase liquidity flows to the non-banking financial companies. The move will help provide liquidity to housing finance companies (HFCs) and non-banking finance companies (NBFCs) which have come under pressure following a series of default by IL&FS group …

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