Page-10 of Ease of Doing Business

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 ..

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Cabinet approves ordinance to amend law for speedy disposal of commercial disputes

The Union Cabinet chaired by Prime Minister Narendra Modi has approved promulgation of Ordinance amend a law for speedy disposal of commercial disputes. This decision aims to improve India’s ranking in World Bank’s ease of doing business index. The index ..

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Cabinet delegates power to Finance and Oil Ministers to award oil and gas blocks

The Cabinet Committee on Economic Affairs (CCEA) has delegated powers to Finance and Petroleum Ministers to award oil and gas exploration blocks to successful bidders under Hydrocarbon Exploration Licensing Policy (HELP). Under HELP, exploration blocks are to be awarded twice ..

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Government notifies the Companies (Amendment) Act, 2017

The Ministry of Corporate Affairs has notified the Companies (Amendment) Act, 2017. The Amendment Act amended some provisions of Companies Act, 2013. Few provisions in the Amendment Act have important bearing on the working of the Insolvency and Bankruptcy Code ..

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Parliament passes The Companies Amendment Bill, 2017

The Parliament has passed Companies (Amendment) Bill, 2017 to strengthen corporate governance standards, initiate strict action against defaulting companies and help improve ease of doing business in the country, The bill provides for more than 40 amendments to Companies Act, ..

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Telangana tops state-wise ease of doing business ranking in 2017

Telangana has topped the yearly state-wise ranking on assessment of implementation of ‘Business Reforms Action Plan’ (BRAP) in 2017. Last year, Telangana was the joint topper with Andhra Pradesh in the ranking. Telangana with an implementation score of 61.83% was ..

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