Press release on Cyber Crime reporting mechanism
The ‘National Cyber Crime Reporting Portal (NCRP)’ (https://cybercrime.gov.in) has been launched, as a part of the I4C, to enable public to report incidents pertaining to all types of cyber-crimes, with special focus on cyber-crimes against women and children. Cyber-crime incidents reported on this portal, their conversion into FIRs and subsequent action thereon are handled by the State/UT Law Enforcement Agencies concerned as per the provisions of the law.
Odisha’s New Minimum Wage Rates: What You Need to Know
The Government of Odisha has revised the minimum wage rates for various types of workers across different sectors on 18th July.
Revised Wage Rates:
Unskilled: Rs. 450.00 per day
Semi-skilled: Rs. 500.00 per day
Skilled: Rs. 550.00 per day
Highly Skilled: Rs. 600.00 per day
Companies (Appointment and Qualification of Directors) (Amendment) Rules, 2024
The amendment provides that if a director intends to update his personal mobile number or the email address again at any time during the financial, he shall update the same by submitting e-form DIR-3 KYC on payment of fees of five hundred rupees.
Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2024
The amended rules have issued revised Form IEPF-1, IEPF-2 & IEPF-3
MCA has directed entities filing CSR-2 to affix DSC before uploading it on the V2 portal
Stakeholders are also notified that LEAP-1 form under the Companies (Listing of equity shares in permissible jurisdictions) Rules, 2024 would be deployed in MCA-V2 system under Company forms download – Compliance Related Filing.
Report of Committee on Digital Competition Law and Draft Digital Competition Bill
Report and the draft bill shall be available under e consultation module on 15.03.2024 for comments and suggestions. Stakeholders may submit their comments/suggestions up to 15.04.2024.
MCA invites public comments on Report of Committee on Digital Competition Law and Draft Bill on Digital Competition Law
The Committee recommends the introduction of an ex-ante legislation specifically applicable to large digital enterprises, to supplement the Competition Act. Such an ex-ante law should ensure that behaviours of large digital enterprises are proactively monitored, and that the CCI intervenes before instances of anticompetitive conduct transpire.
Central Government has declared the Motilal Oswal Home Finance Limited as authorized to perform authentication under the Aadhaar Act for the purposes of the Money-laundering Act
The Motilal Oswal Home Finance Limited shall comply with the standards of privacy and security under the Aadhaar (Targeted Delivery of Financial and Other Subsides, Benefits and Services) Act, 2016.
MCA clarifies the process for Restoration of Struck-off company to Active
takeholders may plan accordingly and file INC-2 along with NCLT order and proof of cost/fee [if levied] for restoration of struck off companies.
Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2024
After the receipt of resolution plans in accordance with the Code and these regulations, the resolution professional shall provide the fair value, the liquidation value and valuation reports to every member of the committee in electronic form, on receiving an undertaking from the member to the effect that such member shall maintain confidentiality of the fair value, the liquidation value and valuation reports and shall not use the information contained in the valuation reports to cause an undue gain or undue loss to itself or any other person.
