NDB leadership change: new President and Vice President appointed, emphasis on lending performance, transparency and membership expansion.
Attendance at a Special Board of Governors meeting of the New Development Bank addressed governance and membership matters, including the election of the President, appointment of the Vice President and Chief Risk Officer, and membership expansion. The Finance Minister acknowledged the outgoing President's stewardship, congratulated the newly appointed leadership, and urged emphasis on lending performance, transparency, international credibility, and balancing preservation of BRICS values with growth into a global development institution.

Extension of filing deadlines granted for reserved names and resubmissions, with NTBR cases considered case-by-case.
Extension of filing and reservation periods grants additional time beyond the suspension end date for name reservations for company and LLP incorporation or name change, RSUB resubmissions for companies and LLPs, and certain IEPF non-STP eForms. SRNs whose resubmission or eVerification deadlines fell within the suspension window are eligible for specified extra filing time, while SRNs already marked NTBR or pending rejection will receive extensions only on a case-by-case basis.

Ease of doing business reforms expand insolvency thresholds and decriminalise minor corporate defaults to protect firms during the pandemic.
The package expands MGNREGS funding to boost employment and asset creation; upgrades public health infrastructure with district infectious disease blocks, laboratory networks, a National Digital Health Blueprint and a One Health research platform; launches multi mode digital education, foundational literacy missions and psychosocial support for students and teachers; raises insolvency initiation thresholds and establishes a special MSME insolvency framework with temporary suspension of fresh filings and COVID debt exclusions; decriminalises minor corporate procedural defaults and eases listing and penalty norms; and temporarily raises State borrowing limits linked to measurable reform tranches.

Migrant support measures: nationwide PDS portability, targeted food allocations, rental housing and concessional credit for vulnerable workers.
Short- and medium-term support measures combine in-kind provisioning, portability of PDS entitlements, subsidised credit, rental housing initiatives and employment creation. Free additional food grains and chana will be allocated to migrant labourers without local ration coverage, funded by the central government. The One Nation one Ration Card portability scheme will enable PDS access from any fair price shop nationwide by March 2021. Affordable Rental Housing Complexes (ARHC) will be launched under PPP and incentivised public/private development. Credit measures include interest subvention for Shishu MUDRA borrowers, a credit facility for street vendors, NABARD refinance for cooperatives, and expanded Kisan Credit Card concessional lending.

Avoidance transactions obligations require RPs and liquidators to identify, analyse and apply to recover preferential transfers for the estate.
Resolution professionals and liquidators must identify and pursue avoidance transactions-preferential, undervalued, extortionate and fraudulent-by forming an opinion, making determinations, and filing applications with the Adjudicating Authority to claw back value for the estate. The Supreme Court prescribed a structured retrospective review of transactions up to two years before the insolvency commencement date, categorisation of counterparties, narrowing of review windows for unrelated parties, and distinct enquiries for preferential versus undervalued or fraudulent transfers.

INR-USD Futures and Options launched at GIFT-IFSC to enable extended-hours global trading and boost cross-border participation.
Launch of INR-USD Futures and Options on India INX and NSE-IFSC at GIFT-IFSC creates extended-hours offshore trading access for global participants, aiming to repatriate derivatives business, increase trading volumes, and enhance economic activity and employment through GIFT-IFSC's competitive business and tax environment.

Virtual AGMs permitted by VC/OAVM, with e-voting framework and electronic delivery of statutory reports enabled.
Companies are authorised to conduct Annual General Meetings by Video Conferencing or other audio visual means, with the existing extraordinary meeting framework applied mutatis mutandis and a distinction drawn between companies required to provide or opting for e-voting and those not required to do so. Statutory reports and financial statements may be sent exclusively by email, and companies must provide shareholders a mechanism to register mandates for electronic dividend transfer.