Page-73 of Legal & Constitution Current Affairs

President gives assent to Fugitive Economic Offenders Bill, 2018

President Ram Nath Kovind has given assent (under Article 111) to Fugitive Economic Offenders Bill, 2018 passed by Parliament. With this assent, this Bill becomes law that will deter fugitive economic offenders to evade legal process in India and flee the country. The law aims to serve as an effective, expeditious and constitutional way to ..

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Lok Sabha passes National Sports University Bill, 2018

Lok Sabha has passed National Sports University Bill, 2018 by voice vote to set up the country’s first National Sports University in Imphal (west), Manipur that will provide sports education, research and coaching. The Bill replaces National Sports University Ordinance, 2018 promulgated by President in May 2018 to protect interests of students who already have ..

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Lok Sabha passes Constitution (One Hundred and Twenty-Third Amendment) Bill, 2017

Lok Sabha has unanimously passed Constitution (123rd Amendment) Bill, 2017 by two-third majority. The constitutional amendment bill seeks to grant National Commission on Backward Classes (NCBC) constitutional status at par with National Commission for Scheduled Castes (NCSC) and National Commission for Scheduled Tribes (NCSTs). Key Features of Bill Role of NCSC: The Bill removes power ..

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Lok Sabha passes bill for speedy disposal of commercial disputes

Lok Sabha has passed Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts (Amendment) Bill, 2018. It replaces the ordinance promulgated by President in May 2018 and amends Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act, 2015. The Act enables creation of commercial divisions in High Courts and commercial ..

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Lok Sabha passes Insolvency and Bankruptcy Code (Amendment) Bill, 2018

Lok Sabha has passed Insolvency and Bankruptcy Code (Amendment) Bill, 2018 to bring relief to the home buyers and Micro, Small and Medium Enterprises (MSMEs). The Bill replaces ordinance promulgated in this regard and amends the Insolvency and Bankruptcy Code, 2016. Background Insolvency and Bankruptcy Code (IBC), 2016 provides time-bound process to resolution of insolvency ..

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