Page-4 of Bills and Acts

Cabinet Approval: To amend Companies Act, 2013

On March 4, 2020, the Union Cabinet approved 72 changes to the Companies Act, 2013. The main aim of the amendment is to decriminalize the provisions in the act. Highlights The amendment aims to recategorize 23 offences and omit 7 ..

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The Central Sanskrit Universities Bill, 2019 introduced

On March 2, 2020, the HRD Minister introduced the Central Sanskrit Universities Bill, 2019 in Rajya Sabha. It was introduced in Lok Sabha in December 2019 and was passed. Key Features of the Bill The bill aims to convert deemed ..

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Union Cabinet approves changes introduced in Surrogacy (Regulation) bill

On February 26, 2020, the Union Cabinet approved the changes introduced to the Surrogacy (Regulation) bill, 2019. The changes were introduced by the 23-member select committee of Rajya Sabha. Highlights The changes approved include not only close relatives but “any ..

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Cabinet: National Commission for Indian System of Medicine Bill, 2019 approved

The Union Cabinet on January 29, 2020 approved the official amendments to National Commission for Indian System of Medicine bill, 2019. The bill is currently pending in Rajya Sabha Highlights The amendments will introduce necessary regulatory reforms in the Indian ..

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Parliament passes International Financial Services Centre Authority bill, 2019

On December 13. 2019, the International Financial Services Centre Authority bill was passed by Rajya Sabha. It proposes to set up an authority to regulate financial services in the International Financial Services Centres in India. Composition of the authority According ..

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Lok Sabha passes Central Sanskrit Universities Bill, 2019

Lok Sabha passed the Central Sanskrit University Bill 2019, which seeks to convert three deemed Sanskrit universities, presently functioning in the country, into central universities. The bill was piloted by Union Human Resource Development (HRD) Minister Ramesh Pokhriyal ‘Nishank’. Key ..