Parole condition: failure to make court mandated payments by the stipulated deadlines will result in re imprisonment.
Parole was extended subject to strict compliance with a court approved repayment roadmap: the principal must deposit funds into the SEBI Sahara account by the stipulated deadlines, may use electronic transfer (RTGS), and must appear personally at the next hearing; failure to comply will result in re imprisonment. The court also punished a third party for failing to deposit an ordered assurance amount and instructed the Official Liquidator to prepare auction terms for specified property.

Institutional collaboration on skills and CSR to establish an MoU and joint programmes advancing MSME, governance and entrepreneurship.
IICA and NSDC propose to formalise cooperation through a Memorandum of Understanding, coordinating teams to deliver joint programmes in skills development, CSR, entrepreneurship, innovation, MSME support, corporate governance, e governance and corporate communication, aligning IICA's capacity building and policy advisory role with NSDC's mandate to catalyse scalable vocational training, quality assurance and trainer academies through public-private delivery mechanisms.

Retirement Adviser registration moved online, allowing digital applications and document uploads with certification requirements and SEBI exemption.
PFRDA has shifted Retirement Adviser registration to an online platform allowing electronic submission and upload of required documents to expedite processing. Eligible registrants include individuals, partnership firms, bodies corporate, and registered trusts or societies advising on NPS or other PFRDA-regulated pension schemes. NISM or FPSB India certification is required for registration, except for SEBI-registered Investment Advisers who are exempt from the certification requirement and may apply directly to PFRDA.

Services sector as driver of a knowledge economy, with e visa facilitation and servicification advancing cross border services trade.
Promotion of the services sector as a facilitator of a knowledge based economy, emphasizing e visas to promote tourism and cross border services and the trend of servicification of manufacturing. The Government supported these priorities through the Global Exhibition on Services, a large trade event organized to showcase services, foster international cooperation, and facilitate business meetings and seminars.

Gender Parity Index announced to measure organisational gender diversity and produce comparable parity scores across the formal sector.
The Union Government announced release of a Gender Parity Index for India's formal sector as a framework to evaluate gender diversity and women's empowerment in organisations, producing an overall organisational score to measure and track parity; the Index, commissioned by FLO and FICCI, will be unveiled at the 33rd Annual FLO session alongside presentation of FLO Icon awards.

Listing of Public Sector Enterprises expands public ownership via share offers with employee reservation and retail discounts.
Approval was granted for the listing of eleven CPSEs through a public offer up to 25% of the Government's shareholding, possibly including fresh shares to raise resources; disinvestment quantum and mode for each CPSE are delegated to an Alternative Mechanism. The Cabinet also approved employee reservation under SEBI regulations and a price discount for retail investors and eligible employees to ensure wider small investor participation.

Establishment of Government e-Marketplace SPV to create a unified online procurement platform replacing legacy procurement agency.
Approval is granted to establish the Government e-Marketplace Special Purpose Vehicle as a Section 8 company to function as the National Public Procurement Portal, providing an end-to-end online marketplace for procurement of common-use goods and services by Central and State government entities, public sector undertakings, autonomous institutions and local bodies, prioritising transparency and efficiency; DGS&D is to be wound up and cease functions by the prescribed closure date, with a permitted extension on justified grounds.

Corporate social responsibility spending on health and education increased; Companies Act framework guides use of funds.
Corporate social responsibility spending was reported sector-wise under the Companies Act, 2013 framework, with companies allocating CSR funds across health, education, rural development, environment and other specified social sectors. The statement highlights use of CSR funds for health and education, provides consolidated sectoral expenditure totals for two successive financial years showing increased aggregate CSR outlays, and confirms the institutional framework governing CSR fund utilisation.

Self-sustainability of corporate institute pursued through revenue-driven capacity building and advisory services reducing dependence on government funding.
Central funding to the Indian Institute of Corporate Affairs declined over three financial years as the Institute's increased revenue generation reduced its requirement for Government support. The Government aims to make the Institute self-sustainable through revenue-driven activities such as capacity-building programmes, research, and advisory services in company law, the Insolvency and Bankruptcy Code, corporate governance, competition law, corporate data management, and CSR training.

Anti-competitive agreements exposed across multiple sectors, resulting in penalties under competition law enforcement.
The Competition Commission of India found contraventions of the Competition Act in 24 matters over three years and imposed penalties under the Act's enforcement provisions for entering into anti-competitive agreements. The cases comprised cartels, collective boycotts/refusals to deal and bid rigging across multiple sectors-pharmaceuticals, chemists' associations, film distribution and exhibition, sugar and jute associations, cement supply to state procurement, port and stevedoring services, airlines, transport bodies, ordnance suppliers and public sector insurance procurement. The Commission applies a relevant market analysis rather than state wise treatment and initiated several suo motu investigations.

Foreign company registration: statewise active counts and fee receipts disclosed for recent financial years under ministry response.
The press release provides administrative data on foreign companies operating in India, including the total and State/UT wise number of active foreign companies, State/UT wise counts of foreign company registrations across recent financial years, and amounts collected from foreign companies through registration and service fees, with current year figures reported to a specified cut off date.

Deposit insurance requirement: companies must procure insurance and meet compliance safeguards before soliciting public deposits.
Companies must secure deposit insurance before issuing circulars, advertisements, or renewing public deposits, with a transitional allowance where insurance products were unavailable. The statutory definition of deposits captures receipts by any name, and the regime limits public deposit-taking to companies meeting prescribed financial thresholds while imposing obligations on advertising, credit rating, security creation, trustee appointment and duties, and penalties for contraventions to protect investors.

Inspection of company books confirms regulatory oversight; non-compliance triggers administrative action under Companies Act provisions
Inspection of company books was ordered by the Central Government covering the three previous financial years and the current year to assess adherence to accounting and disclosure obligations under the Companies Act. Reported inspections were recorded by year while inspections in the current year were nil. During the inspected period no company was found guilty by a court under section 209A, and the Government stated that appropriate action is taken where non-compliance or violations of the Companies Act are identified.

Digital signature requirement for company incorporation ensures professional verification and director declaration, with false statements criminally punishable.
SPICe replaces ink signatures with digital signatures and requires a practising professional to verify and digitally certify that form particulars and attachments are true against original or certified records; the person named as director/manager/secretary must also declare compliance with registration requirements, and false statements attract criminal liability under the Companies Act.

Green Growth Equity Fund launched to leverage private capital for Indian green infrastructure through government anchor investments and market engagement.
A joint Green Growth Equity Fund will be established within the national investment framework to leverage private capital from the City of London for Indian green infrastructure, backed by government anchor investments, near-term selection of a fund manager, and early market engagement via a published blueprint to accelerate fundraising and identify complementary investment sectors.

Cash transaction limit enforced, penalty on recipient; Aadhaar required for PAN and tax filings; donation transfers restricted.
Presidential assent makes the Finance Bill 2017 effective immediately, advancing Budget implementation. It imposes a cash transaction ceiling with a penalty equal to the transaction payable by the recipient, and mandates Aadhaar linking for PAN issuance and income tax filing, with existing PAN holders required to intimate Aadhaar in a notified manner. The Bill requires company donations to electoral trusts to be made by cheque, draft or electronic transfer with disclosure in profit and loss, contemplates bearer electoral instruments with notified rules, and dissolves several appellate tribunals with functions reallocated to existing bodies.

Registration and monitoring of the insolvency ecosystem entrusted to new Whole Time Member overseeing professionals and valuers.
Dr. Navrang Saini assumed charge as Whole Time Member at the Insolvency and Bankruptcy Board of India, responsible for the Registration & Monitoring wing covering Insolvency Professionals, Information Utilities, Insolvency Professional Agencies and Entities, Valuers, and functions of surveillance, investigation and grievance redressal, and will also oversee Legal Affairs and Establishment.

Information utility framework enables registered entities to validate defaults and claims, expediting insolvency resolution processes.
Establishes a regulatory framework for Information Utilities under the Code, defining their role in storing and verifying financial information to establish defaults and verify claims; prescribes registration eligibility (public company, minimum net worth, independent board majority, fit and proper persons), ownership limits with transitional higher holding, authorises Technical Standards for authentication, verification, data integrity, porting and interoperability, requires unique identifiers, mandates grievance redressal, exit management and a compliance officer reporting non compliance to the Board; effective 1 April 2017.