The government of Bihar declares Masks, Hand Sanitizers, and ceratin foodgrains as essential commodities
The State Government of Bihar vide its gazette notification dated 19th May 2020 has added certain goods in Schedule I of the Bihar Essential Articles (Display of Prices and Stocks) order, 1977.
Government of Bihar publishes Bihar Industrial Employment (Standing Orders) (Amendment) Rules, 2020
The State Government of Bihar vide its gazette notification dated 15th May 2020 has published the Bihar Industrial Employment (Standing Orders) (Amendment) Rules, 2020 to further amend the Bihar Industrial Employment (Standing Orders) Rules, 1947.
MCA further extends the time period for reservation of name and resubmission of forms
The Ministry of Corporate Affairs on 20th May 2020 has extended the validity of approved names for incorporation of new companies or LLP or for change of name of existing companies or LLP beyond 31st May, 2020.
SEBI issues Advisory on disclosure of material impact of Covid–19 pandemic on listed entities
The Securities and Exchange Board of India on 20th May 2020 has directed the listed companies to make disclosure about the impact of COVID-19 pandemic on their business to investors and stakeholders.
SEBI issues circular on Listing of Mutual Fund schemes that are in the process of winding up
The Securities and Exchange Board of India vide its circular dated 20th May 2020 has allowed the listing of mutual fund schemes which are in the process of winding up. This rule shall be followed by all open and close-ended schemes.
Telangana State Private Universities (Establishment and Regulation) (Amendment) Ordinance, 2020
The Telangana government has issued Telangana State Private Universities (Establishment and Regulation) (Amendment) Ordinance, 2020 permitting the establishment of five private universities in the State.
B2B payments exempted from using prescribed E-payment gateways
Section 269SU of the IT Act shall not be applicable to a specified person having only B2B transactions if at least 95% of aggregate of all amounts received during the previous year, including amount received for sales, turnover or gross receipts, are l b mo other than cash.
