Demystify Law

The Ministry of Statistics and Programme Implementation (“MOSPI”) came into existence as an Independent Ministry on 15.10.1999 after the merger of the Department of Statistics and the Department of Programme Implementation. The Ministry has two wings, one relating to Statistics and the other Programme Implementation. The Statistics Wing called the National Statistical Office (NSO) consists …

The Collection of Statistics Act 2008- A Bird’s-Eye View Read More »

Introduction: The Undisclosed Foreign Income and Assets (Imposition of Tax) Bill, 2015 (also known as the “Black Money Bill”) is proposed to be tabled before Lok Sabha next week which was introduced earlier in the parliament in the month March, 2015. The objective of the bill is to make provisions for undisclosed foreign income and …

UNDISCLOSED FOREIGN INCOME AND ASSETS (IMPOSITION OF TAX) BILL, 2015 Read More »

INTRODUCTION The doors for empowering women which remained closed for many decades have started budding up to take the full shape of maturity with the passage of the newly passed “The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013”(“SHW Act”), PRECURSOR& BACKGROUND TO THE LAW The era of 90’a has shown …

Revitalzing Era: Breaking the doors of silence through the sexual harassment act Read More »

The Companies Bill, 2012 passed in both the Houses of Parliament received the Hon’ble President’s assent on 29th August, 2013 and was published in the Official Gazette on 30th August, 2013, and finally became the “Companies Act, 2013”. Introduction Corporate governance generally places a fair amount of emphasis on board independence, and it is no …

Position of Independent Directors under the Companies Act, 2013 Read More »

With a view to foster the fund raising options for Corporates and Banks and at the same time ensuring transparency and interest of investors, the Capital Market Regulator, Securities Exchange Board of India (SEBI), has notified a new set of Regulations to govern the issuance and listing of Non-Convertible Redeemable Preference Shares(NCRPS), to be called …

SEBI GIVES PREFERENCE SHARES A NEW DIRECTION Read More »

[vc_row][vc_column][vc_column_text]Introduction: The Securities Contracts (Regulation) Act, 1956 “Act” was enacted in order to prevent undesirable transactions in securities and to regulate the working of stock exchanges in the country. The provision of the Act came into force with effect from 20th February, 1957 vide Notification No. SRO 528 dated 16th February, 1957. Definitions: Stock exchange …

The Securities Contract (Regulation) Act, 1956 Read More »

Introduction: The policy relating to SEZs was earlier contained in Foreign Trade Policy. However, to give a long term and stable policy framework with minimal regulation, the SEZ Act was enacted. The Act received the assent of the President on 23rd June, 2005 and has come into force with the Special Economic Zones Rules, 2006 …

Special Economic Zones Act, 2005. Read More »

India has been traditionally vulnerable to natural disasters on account of its unique geo-climatic conditions. Floods, droughts, cyclones, earthquakes and landslides have been a recurrent phenomena. Being highly vulnerable to natural disaster, 25 states out of a total of 35 states/UTs in India are considered disaster prone. 68% of Indian land is draught prone, 12% …

The Disaster Management Act, 2005 Read More »

E-waste is among the fastest growing waste streams across the world today, fuelled by exponential growth in the use of electronic equipment, especially Personal Computers and their rapid obsolesce. E-wastes are considered dangerous and the disposal of e-waste is a major problem because of the presence of toxic elements such as lead, cadmium, lead oxide …

e-waste (Management and Handling) Rules, 2011 Read More »

  Purpose: An act to prevent the improper use of certain emblems and names for professional and commercial purposes. Background: There are number of instances that come to light in India and abroad on the use of Indian National Flag and emblem and of the names or pictorial representation of Mahatma Gandhi and other national …

The Emblems and Names (Prevention of Improper Use) Act, 1950 Read More »