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Ministry of Corporate Affairs notified the Companies (Accounts) Amendment Rules 2022 on February 11, 2022, and inserted a new Rule 12(1B) to introduce a new requirement of furnishing an Annual Report on Corporate Social Responsibility (“CSR”) with the...
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Cryptocurrency Regime In India
The regulation of virtual currencies (“VCs”) has encumbered a chequered history throughout the world and India is no exception. The Indian government has been moving back and forth between the decision of completely banning all VCs to introducing...
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It is common knowledge that the Indian justice system is largely adversarial. Yet, judicial and quasi-judicial forums continue to grapple with systemic inadequacies and rising case pendency. To resolve this, the government has taken several measures including promotion...
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The Consumer Affairs Ministry notified the Consumer Protection (Direct Selling) Rules, 2021 (“DS Rules”) on December 28, 2021. They have been notified pursuant to the rule making power of the central government under section 101(2)(zg) read with section...
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Data Protection Bill
India does not have a dedicated privacy and data protection law and its draft maiden law, the Personal Data Protection Bill, 2019 (PDP Bill) created much anticipation. PDP Bill was referred to a Joint Parliamentary Committee (JPC) for...
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