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Updates For the Day: June 9, 2023

The Government of Andhra Pradesh commences Andhra Pradesh Inland Waterways Authority Act, 2023

The AP Inland Waterway Authority Act 2023 is a positive step towards harnessing this latent...

Applications Open for Various Positions in the NMC

The Ministry of Health and Family Welfare (MoHFW) has invited applications for the positions of...

Ministry of New & Renewable Energy Revises Dispute Resolution Mechanism for Renewable Energy Projects

The new Dispute Resolution Mechanism aims to establish a transparent and unbiased process through an...

Surrogacy (Regulation) Amendment Rules, 2023

The Amendment Rules include a new clause in the Surrogacy Rules. The addition of this...

Graduate Medical Education Regulations, 2023

These regulations set forth new guidelines for medical institutions and deemed universities to improve the...

Establishment of New Medical Institutions, Starting of New Medical Courses, Increase of Seats for Existing Courses & Assessment and Rating Regulations, 2023

The Medical Assessment and Rating Board (MARB) has introduced a new mandate stating that no...

RBI Guidelines on Default Loss Guarantee (DLG) in Digital Lending

Arrangements between Regulated Entities (REs) and Lending Service Providers (LSPs) or between two REs involving...

Framework for Compromise Settlements and Technical Write-offs

The Prudential Framework for Resolution of Stressed Assets dated June 7, 2019 provides a broad...

SEBI Clarification regarding Online processing of investor service requests and complaints by RTAs

Holders of physical security certificates are required to submit various documents to the RTAs with...

SEBI revises directions for mutual funds to participate in repo transactions on Corporate Debt Securities

The prior circular provides that the Mutual funds shall participate in repo transactions only in...

SEBI has mandated upstreaming of all client funds received by Stock Brokers (SBs)/Clearing Members (CMs) to Clearing Corporations (CCs)

The stock exchanges and CCs shall create an SOP for monitoring the implementation of provisions...

ESIC clarification to dormant companies

ESI has clarified that the Companies registered in ESIC through MCA portal have to declare...