Insolvency Update: Relaxation on Default Amount Under Section 4 of IB Code, 2016

The Hon'ble Union Finance Minister, Smt. Nirmala Sitharaman convened a press conference on 24th March 2020 to make announcements on statutory and regulatory compliance matters. The Minster of State for Finance and Corporate Affairs, Shri. Anurag Singh Thakur was also present. Amongst various other announcements made, a specific announcement was also made with respect to the … Continue reading Insolvency Update: Relaxation on Default Amount Under Section 4 of IB Code, 2016

Welfare of Terminated Employees – Curse or Boon

Recently, on 7th February, 2020 a bill has been introduced in Rajya Sabha titled - The Terminated Employees (Welfare) Bill, 2020 (“TEW Bill”). Applicability  The TEW Bill applies to: EMPLOYEES EMPLOYERS Terminated employees i.e. regular employees as well as temporary or casual workers who have been employed through a contract. Note: The TEW Bill does … Continue reading Welfare of Terminated Employees – Curse or Boon

WOMEN PERMITTED TO WORK AT NIGHT IN FACTORIES (KARNATAKA)

Women, who earlier stayed at home fulfilling domestic duties, are now considered as the backbone of any economy. She is participating in the process of economic development on an equal footing with men, simultaneously managing both home and work. Women have moved away from their traditional roles of homemaker and child rearing to social and … Continue reading WOMEN PERMITTED TO WORK AT NIGHT IN FACTORIES (KARNATAKA)

GAMING LAWS IN INDIA – CURRENT SCENARIO

Gaming Legislation in India Under the Constitution of India, the State Legislatures have been entrusted with the power to frame legislation to govern “Gambling”. However, prior to independence, the then Central Government enacted the Public Gambling Act, 1867, which regulated gambling and other allied activities across India. Certain states in India have enacted their own … Continue reading GAMING LAWS IN INDIA – CURRENT SCENARIO