Companies (Registration of Foreign Companies) Amendment Rules, 2024
The documents for registration by a foreign company shall be delivered in Form FC-1 to the Registrar, Central Registration Centre. Registrar, Central Registration Centre shall issue the registration certification from commencement date.
MCA has issued Companies (Adjudication of Penalties) Amendment Rules, 2024
On the commencement of the Companies (Adjudication of Penalties) Amendment Rules, 2024, all proceedings (including issue of notices, filing replies or documents, evidences, holding of hearing, attendance of witnesses, passing of orders and payment of penalty) of adjudicating officer and Regional Director under these rules shall take place in electronic mode only through the e-adjudication platform developed by the Central Government for this purpose.
Enhanced Surveillance Measure Framework extended to main board companies having Market Capitalisation of less than 1000 Crores
The amended framework shall be applicable from August 13, 2024, and the list of scrips shortlisted as per the amended framework shall be published separately.
IFSCA FAQs for the International Financial Services Centres Authority (Book-keeping, Accounting, Taxation and Financial Crime Compliance Services) Regulations, 2024
It is clarified that the regulations cover four types of services i.e. book-keeping, accounting, taxation, and financial crime compliance services. Any entity intending to provide book-keeping, accounting, taxation, or financial crime compliance services in an IFSC must obtain a certificate of registration from the Authority.
New Rules Tighten Quality Standards for Fruits and Vegetables
The Government of India has introduced stricter quality standards for fruits and vegetables with the notification of the Fruits and Vegetables Grading and Marking (Amendment) Rules, 2024. These amendments are aimed at ensuring food safety and enhancing the quality of produce both for domestic consumption and export.
New Initiatives and Updates to Strengthen India’s Steel Industry
The Ministry of Steel issued a notification on the labelling and Branding of steel products .
New Impact of DAY-NRLM and the Rise of Lakhpati Didis
The Ministry of Rural Development issued the implementation of the Lakhpati Didi Scheme that signifies women who have achieved an annual income of over Rs 1 Lakh through the support of DAY-NRLM.
New Update on Arms Regulations: What You Need to Know
The Ministry of Home Affairs issued changes which are intended to refine and clarify the use of certain types of pistols and revolvers, particularly in competitive sports.
New Tea, Spice and Rubber Rules, 2024
The Ministry of Commerce and Industry has notified three new rules on tea, spices and rubber. The aim of these rules is to streamline the process of inquiry and appeal related to violations under their corresponding Acts. These rules were published on August 9, 2024 and have come into immediate effect.