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    June 27, 2014
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    Government assistance commitment: authorities to provide immediate urgent help to families affected by pipeline explosion.
    An explosion at a GAIL gas pipeline in East Godavari resulted in deaths and injuries; the minister conveyed condolences and emphasized a government commitment to provide all necessary help, stating she will liaise with authorities to ensure urgent relief and recovery measures for affected families and medical care for the injured.
    June 11, 2014
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    Deposit insurance transitional relief permits temporary acceptance of deposits; repayment provisions enable extensions for deposit repayment.
    A transitional waiver allows companies to accept deposits without deposit insurance for a limited period to enable compliance with insurance requirements. Simultaneously, provisions concerning repayment have been brought into force so that the statutory repayment regime can permit extensions; section 74(2) & (3) enable the competent authority to grant additional time to companies struggling to repay deposits or interest.
    June 4, 2014
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    CSR rules capacity-building partnership advances implementation and moves corporate social responsibility beyond mere compliance through institutional collaboration.
    A memorandum of understanding between the Indian Institute of Corporate Affairs and Grant Thornton India LLP aims to develop corporate capacity for effective implementation of CSR Rules under Section 135 of the Companies Act 2013, focusing on knowledge and awareness building, dissemination of information, and shifting CSR from mere compliance to structured value-creation through institutional collaboration and advisory support.

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