The Micro, Small and Medium Enterprises Development (Furnishing of Information) (Amendment) Rules, 2022.
All micro, small and medium enterprises shall furnish the information relating to their enterprise to the Government in the Form as prescribed in the MSME (Furnishing of Information) Rules, 2016.
Directions for Higher Educational Institutions offering full-fledged online programs
It shall be the sole responsibility of the HEI to ensure that programs offered in full-fledged Online mode strictly abide to All the provisions of UGC.
SEBI issues revised process for rights issue
It is decided that there should be a minimum gap of three working days between last date of REs trading date and issue closure considering two days for settlement and one additional day for investor to make application in Rights.
Revised manner of preparation and submission of security cover certificate by Debenture Trustee
Debenture trustee on quarterly basis shall certify the market value of assets based on the due diligence carried out by it or its appointed agencies and shall submit the security cover certificate as per revised format provided in this circular. Debenture Trustee shall certify the security cover in respect of the secured debt securities, to the extent charged held by it.
RBI clarification regarding New Definition of Micro, Small and Medium Enterprises
It is clarified that the existing Entrepreneurs Memorandum (EM) Part II and Udyog Aadhaar Memorandum (UAM) of the MSMEs obtained till June 30, 2020 shall remain valid till June 30, 2022 for classification as MSMEs.
IFSCA notifies framework for Aircraft Lease.
The Lessor shall maintain its books of accounts, records, and documents as required under applicable law. The books of accounts and other financial information shall be maintained in any such freely convertible currency.
UGC extends the date for submission of thesis for terminal M.Phil/Ph.D students.
The extension can be granted on a case-to-case basis after the student’s work is reviewed by the Research Advisory Committee and on the recommendation of the respective supervisor and the head of the department.
Cabinet approves Amendments to the National Policy on Biofuels -2018.
This amendment proposal will pave the way for Make in India drive thereby leading to reduction in import of petroleum products by generation of more and more biofuels. Since many more feedstocks are being allowed for production of biofuels, this will promote the Atmanirbhar Bharat and give an impetus to Prime Minister’s vision of India becoming ‘energy independent’ by 2047.
Ministry of Power issues directions to all Gencos including Independent Power Producers (IPPs) for timely Import of Coal for blending purposes.
The ministry has directed that the imported coal based plants should run and the State should import coal for blending, as in the previous years.
Cabinet empowers PSEs to undertake disinvestment of their subsidiaries.
The process for strategic disinvestment would be open and based on the principles of competitive bidding. The guiding principles would be laid down by DIPAM ( Department of Investment and Public Asset Management) For closure, DPE (Department of Public Enterprises (DPE) shall issue guiding principles.
