Tag Archives: ministry

National Guidelines on Responsible Business Conduct released: Govt.

Indian Ministry of Corporate Affairs has revised the National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business, 2011 (NVGs) and formulated the National Guidelines on Responsible Business Conduct (NGRBC). These guidelines urge businesses to actualize the principles in letter and … Continue reading

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Active Company Tagging Identities and Verification rules: Govt.

Ministry of Corporate Affairs (“MCA”) vide its notification dated February 21, 2019 amended Companies (Incorporation) Rules, 2014 by insertion of new rule 25A  – “Active Company Tagging Identities and Verification (ACTIVE)” with effect from February 25, 2019. Per the notification, every … Continue reading

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Makers of new drugs exempt from price control: Govt.

The Indian Ministry of Chemicals and Fertilizers (Department of Pharmaceuticals) has notified an order amending the Drugs (Prices Control) Order 2013. Effective January 3, 2019, manufacturers of new drugs patented in India are exempt from price control for a period … Continue reading

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LLP Incorporation made online: Govt.

Indian Ministry of Corporate Affairs has launched incorporation of Limited Liability Partnership (LLP) through a complete online system through a web service titled “RUN-LLP (Reserve Unique Name – Limited Liability Partnership)”. Name can also be allotted to LLP through an … Continue reading

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Draft Passenger Charter notified for Public Consultation: Govt.

Government of India today informed that the Draft Passenger Charter defining rights for air passengers has being notified today for public consultation. The following initiatives are proposed: Passenger Charter: A Draft Passenger Charter defining rights for air passengers has being … Continue reading

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Plastic Waste Management (amendment) Rules, 2018 notified: Govt.

The Ministry of Environment, Forest and Climate Change has notified the Plastic Waste Management (Amendment) Rules 2018.  The amended Rules lay down that the phasing out of Multilayered Plastic (MLP) is now applicable to MLP, which are “non-recyclable, or non-energy … Continue reading

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Consolidated FDI Policy Circular: Govt.

Government of India has issued Consolidated Foreign Direct Investment Policy Circular of 2017. The circular is effective from August 28, 2017. https://goo.gl/QbV1tN

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