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Companies (Amendment) Bill, 2019
After much deliberations, the Lok Sabha passed The Companies (Amendment) Bill, 2019. This Bill seeks to amend the Companies Act, 2013 and replaces an earlier replace the ordinance promulgated earlier in this regard. What is the bill? The Companies (Amendment) ..
Maharashtra: Governor promulgates Ordinance for Medical Admission Reservation
Maharashtra Governor V. Rao has promulgated an ordinance to provide reservation benefits in admissions to Social and Educationally Backward Classes (SEBCs) in medical education in state. Key Points of Ordinance Reason: In May 2019 the Nagpur bench of Bombay High ..
Month: Current Affairs - May, 2019
Cabinet Clears Ordinance on Reservation Roster for University Teachers
The Union Cabinet headed by Prime Minister Narendra Modi has cleared the ordinance for the Reservation Roster for University Teachers. What was the issue? Following an order by the Allahabad high court in April 2017, the University Grants Commission had ..
Month: Current Affairs - March, 2019
Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 Promulgated
President Ram Nath Kovind has assented to the promulgation of Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 on June 6, 2018. This ordinance makes some fine-tuning mechanisms in the Insolvency and Bankruptcy Code, 2016. Key Points This ordinance brings some specific ..
Month: Current Affairs - June, 2018
Cabinet approves promulgation of ordinance to amend Insolvency & Bankruptcy Code
Union Cabinet has proposal to promulgate an ordinance under Article 123 of Constitution to make certain amendments in the Insolvency and Bankruptcy Code (IBC). The ordinance is likely to be tabled during winter session of Parliament with view to getting ..
Month: Current Affairs - November, 2017
Supreme Court refuses to ban Kambala
The Supreme Court has refused to pass an interim order to stay Ordinance allowing kambala, the traditional buffalo slush track race in Karnataka. However, the apex court will examine the Constitutional validity of the Ordinance. People for Ethical Treatment of ..