Nidhi (Amendment) Rules, 2024
The amendment mandates that a company shall not use the words “Nidhi Limited” in its name unless it is declared as a nidhi company under sub-section (1) of section 406 of the Companies Act, 2013.
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
Empower Yourself with Online Marketing Skills: Join the Entrepreneurship Development and Innovation Institute’s Three-Day Training
The Entrepreneurship Development and Innovation Institute (EDII), Chennai, invites you to a comprehensive training program on “Entrepreneurship: Create Your Own YouTube Channel and Online Marketing.
Health Cards and Inspections: Kerala’s Recent Actions
In a proactive move to safeguard public health, Kerala’s Health Minister has issued a stern directive regarding the mandatory health cards for employees in food establishments across the state.
Govt. of Rajasthan issues Clarity on Taxability of Loans Between Overseas Affiliates and Indian Affiliates
On July 9, 2024, the Government of Rajasthan clarified that providing loans by an overseas affiliate to an Indian affiliate, or by a person to a related person, is not considered a taxable supply under GST if the only consideration is interest or discount. Services related to granting loans or credit are fully exempt from GST when no additional fees or charges are involved.
New DERC(Supply Code and Performance Standards) (Fifth Amendment) Regulations 2024
On July 16, 2024, the Delhi Electricity Regulatory Commission amended the Supply Code and Performance Standards Regulations:
Regulation 2(7): Defines “APPLICATION” as a complete submission by 1500 hrs.
Regulation 2(42a): Defines “METROPOLITAN” as areas with 1 million+ people, specified by the Lt. Governor.
Regulation 2(51): Defines “Urban Areas” as all areas except rural and Metropolitan.
Regulation 11(4)(i): Sets maximum time periods for providing or modifying connections in electrified areas.
NHAI’s New Rules: Double Toll Fees for Vehicles Without FASTag
On July 18, 2024, the National Highways Authority of India (NHAI) issued guidelines to collect double user fees from highway users who do not affix FASTag on their vehicle’s windscreen. This measure aims to reduce delays at toll plazas and enhance convenience for all users.
DoT Issues Latest Right of Way (RoW) Rules 2024
On July 9, 2024, the Department of Telecommunications (DoT) released the Draft Right of Way (RoW) Rules 2024 under the Telecommunications Act 2023. Key points include:
Application Process: Facility providers must apply via a web or mobile portal to be notified by the Central Government.
Supporting Documents: Applications must include necessary documents and a fee, not exceeding the amount specified in the Schedule.
DoT Issues New Draft Telecommunications (Adjudication and Appeal) Rules, 2024
On July 18, 2024, the Department of Telecommunications (DoT) introduced the Draft Telecommunications (Adjudication and Appeal) Rules, 2024, under the Telecommunications Act 2023. Key points include:
Adjudication and Appeals: The rules detail procedures for adjudicating officers (AOs) and appeals committees (DACs) to handle breaches of telecom licenses, radio frequency assignments, and other violations.
Enforcement: AOs, not below the rank of joint secretary, will conduct inquiries and issue orders for breaches such as unauthorized SIM usage, unlicensed radio equipment, or spam.
