Ordinance

Uttarakhand New Anti-Cheating Law

The Governor of Uttarakhand recently issued an ordinance to control unfair recruitment in the state. In accordance with the ordinance, the State Government can impose fines of up to 10 crores of rupees against unfair practices in exams and in ..

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Telecom Regulatory Authority of India (TRAI) Act

The Telecom Regulatory Authority of India (TRAI) Act was passed by Parliament in 1997 to regulate telecom services in India. 25 Years of TRAI Act To commemorate the 25 years journey of the Telecom Regulatory Authority of India (TRAI) Act, ..

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Tribunal Reforms Ordinance, 2021

The President of India recently promulgated “The Tribunals Reforms (Rationalisation and conditions of Service)” Ordinance, 2021. It dissolved appellate authorities under nine acts and transferred their functions to high courts. Amendments The ordinance dissolved appellate tribunals under nine acts as ..

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MCA: 60% Eligible for pre-pack turnaround Scheme

The Ministry of Corporate Affairs (MCA) recently announced that six out of ten active Indian companies are eligible for the new pre-packaged bankruptcy scheme. This is because out of the 1.3 million active companies in India, 60% belong to the ..

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Uttar Pradesh Regulation of Urban Premises Tenancy (second) Ordinance 2021

The Uttar Pradesh Cabinet recently approved the Uttar Pradesh Regulation of Urban Premises Tenancy (second) Ordinance, 2021. The ordinance will reduce the tenancy disputes. Key Features of the Ordinance The ordinance makes it mandatory to sign contract will to rent ..

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Insolvency and Bankruptcy Code Amendment Ordinance, 2021

The President of India, Shri Ram Nath Kovind recently promulgated the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021. The ordinance will allow pre-packaged insolvency resolution process for MSMEs. The Pre-packaged Insolvency Resolution Process is called PIRP. About the Ordinance The ..

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