SEBI to introduce special situation funds as a sub-category under category I AIFs.

Each scheme of SSF shall have a corpus of at least one hundred crore rupees and shall accept an investment of value not less than ten crore rupees from an investor. In case of an accredited investor, the SSF shall accept an investment of value not less than five crore rupees. Further, in case of investors who are employees or directors of the SSF or employees or directors of the manager of the SSF, the minimum value of investment shall be twenty-five lakh rupees.

The Central Motor Vehicles (Draft Amendment) Rules, 2022.

The in-use vehicles fitted with CNG kits shall meet the type approval emission norms on CNG operation, as specified in these rules for gasoline vehicles as applicable to the corresponding year of manufacturer of such vehicles, subject to a minimum norms as under:- for the vehicles manufactured on and after the 1st day of April 2016, the type approval norms as applicable, subject to minimum of Bharat Stage-IV emission norms for two and three wheeler.”

CPCB publishes Environmental Guidelines For Poultry Farms.

The poultry farms under small category are in un-organized sector run by economically weaker farmers and are of rural background. The Poultry Farms are categorized under “Green” Category, therefore validity of consent will be 15 yrs.

Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) (Amendment) Regulations, 2022.

Dealing in securities shall be deemed to be a fraudulent or an unfair trade practice if it involves fraud and may include “disseminating information or advice through any media, whether physical or digital, which the disseminator knows to be false or misleading in a reckless or careless manner and which is designed to, or likely to influence the decision of investors dealing in securities”

DGFT imposes restriction on Human hair export.

The export policy of human hair, unworked whether or not washed or scoured, waste of human hair or any other form of raw human hair under ITC (HS) Code 0501 has been put under restricted category.