Revised eforms MGT-7A and eform MGT-7
MCA publishes the New e-form MGT-7A and revised e-form MGT-7 in line with the Companies (Management and Administration) Amendment Rules, 2021. The forms shall be available for filing under MCA-21 Company forms.
ESIC mandates registration for union of employees of ESI Corporation
The union of employees of ESI Corporation and Federation of such union now requires compulsory registration under ‘The Trade Unions act, 1926’.
Department of pharmaceuticals releases corrigendum on ‘operational guidelines for the production linked incentive (pli) scheme for pharmaceuticals’
‘Operational guidelines for the Production Linked Incentive (PLI) Scheme for Pharmaceuticals’ dated 1st June, 2021 is published to provide the parameters for selection for the scheme under various groups.
RBI invites comments on the draft circular on ‘issue of share capital and securities- primary(urban) co-operative banks’
The feedbacks on the draft circular is to be forwarded by mail by 31st August, 2021 from UCBs, sector participants and other interested parties.
IFSCA constitutes an expert committee on longevity finance
An Expert Committee has been constituted by IFSCA in its endeavor to develop a Longevity Finance Hub in GIFT IFSC.
PFRDA increases the percentage limit of aggregate holding of equity shares in the pension fund by a foreign company
The limit of aggregate holding of equity shares by a foreign company in the pension fund has been increased from 49% to 74% of the paid-up capital.
Ministry of Civil Aviation publishes (Draft) Drone Rules, 2021.
As per the draft rules, the number of forms to be filled to seek authorisation before operating a drone has been reduced from 25 to six and operating drones without a unique identification number will not be allowed, unless exempted.
Central Government amends the “Electronics and Information Technology Goods (Requirements for Compulsory Registration) Order, 2021”
Through this amendment, Paragraph 6 has been inserted which states that, for manufacturers that are already registered under this Order, the application of the Order shall be deferred by six months for goods manufactured at any new location within the territory of India.
CBIC proactively put in place a COVID Response Plan (CRP) for speedy clearances of COVID-19 vaccines at all major airports.
The CBIC’s CRP aims at prompt/instant clearance of the imported vaccines immediately on their arrival or to facilitate the export of the vaccines without delay.
Ministry of Fisheries, Animal Husbandry & Dairying decides to implement Special Livestock Sector Package.
All the schemes of the Department will be merged into three broad categories as Development Programmes , Disease Control programme and Infrastructure Development Fund wherein, the Animal Husbandry Infrastructure Development fund (AHIDF) and the Dairy Infrastructure Development Fund (DIDF) are merged and the present scheme for support to Dairy Cooperatives and Farmer Producer Organizations engaged in Dairy activities is also included in this third category.