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Updates For the Day: November 9, 2021

Ministry of Law and Justice has issued the Draft Mediation Bill for Public Consultation

The draft Bill proposes for pre-litigation mediation and at the same time safeguards the interest...

SEBI permits FPIs to write off debt securities.

In view of the requests received from various stakeholders, SEBI has now been decided to...

SEBI directs debenture trustees to disassociate from undertaking activities related to unregulated products.

It has come to the notice of SEBI that some registered debenture trustees are undertaking...

RBI permits FPIs to invest in debt securities issued by InvITs and ReEITs.

The union budget 2021-2022 announced that debt financing of Infrastructure Investment Trusts (InvITs) and Real...

Report of RBI Committee on functioning of Asset Reconstruction Companies

Any acquisition of management/ trusteeship of a financial asset by an ARC from another ARC...

DGFT allows import of Technical Grade Urea (TGU) for non-agricultural/ industrial/ NPK Manufacturing use to be Free

Import of Urea is allowed through National Fertilizers Limited (NFL) and Indian Potash Limited (IPL)...

Food Safety and Standards(Food Products Standards and Food Additives) Fourth Amendment Regulations, 2021

The amendment provides that in case of formulated Supplements for Children, a variation of minus...

Food Safety and Standards (Import) First Amendment Regulations, 2021

No FSSAI inspection shall be required for foreign FBOs in case of such categories of...

Revised procedure for FDI in the Telecom Sector

As per the amendment 100% FDI is allowed in the telecom sector under automatic route....

Mineral (Auction) Third Amendment Rules, 2021

The amendment provides that the State Government shall charge simple interest at the rate of...

Haryana State Employment of Local Candidates Act, 2020 commences w.e.f the 15-1-2022

Every employer shall employ seventy-five percent of the local candidates with respect to such posts...