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    November 11, 2026
    Bharat Mobility Expo gaining global recognition, third edition to be the second largest such expo in the world: Commerce and Industry Minister Shri Pi...
    November 11, 2026
    DRI foils attempt to smuggle foreign currency out of India at Kolkata Airport; Foreign currency equivalent to Rs. 3.5 crore seized and seven arrested
    November 11, 2026
    DRI foils wildlife trafficking bid in Assam; recovers two elephant tusks weighing 3.7 kg amid dangerous pursuit by armed suspects
    November 11, 2026
    DRI seizes 6.642 kg amphetamine in Bhopal; drug trafficker arrested
    November 11, 2026
    DRI seizes around 13,000 e-cigarettes worth more than Rs. 4 crore at JNPT Port in its sustained crackdown on illicit trade
    November 11, 2026
    NLMC Releases RFP for E-Auction of 11 Government Residential Flats Across Three Prime Locations in Prayagraj
    November 7, 2026
    Central Bureau of Narcotics (CBN) celebrates 77th Foundation Day and reaffirms India's vision for a “Nasha Mukt Yuva for Viksit Bharat”, through i...
    November 6, 2026
    Minister of State for Commerce and Industry, Shri Jitin Prasada, Visits Hungary to Strengthen Bilateral Cooperation in Trade, Investment and Technolog...
    November 6, 2026
    Department of Financial Services Conferred with the ‘PM Surya Ghar Excellence Award’ for Leading Government Building Solarisation
    November 6, 2026
    India Advances Global Diamond Industry Agenda Ahead of Kimberley Process Plenary
    November 6, 2026
    Consolidation of Instructions Related to Priority Sector Lending – Drafts for Comments
    November 5, 2026
    In view of upcoming festive season and to enable States to accelerate capital spending and finance their development/ welfare related expenditure, Uni...
    November 5, 2026
    Inter-Ministerial Group Recommends Asset Monetisation Proposals Worth Over ₹1,100 Crore for Approval by Cabinet-Delegated Alternative Mechanism
    November 5, 2026
    IICA signs MoU with IAMC to augment Alternative Dispute Resolution ecosystem and facilitate Ease of Doing Business in India
    November 5, 2026
    Commission approves subscription of certain securities of Gentari Renewables India Pte. Ltd. by Sapphire US HoldCo (USA), LLC
    November 5, 2026
    CCI approves acquisition of certain business of Deutsche Bank Aktiengesellschaft by Kotak Mahindra Bank, and other related transactions
    November 4, 2026
    Revision in E-Way Bill and Consolidated E-Way Bill Numbering Formats w.e.f. 1 January 2027
    November 4, 2026
    NLMC Successfully Concludes Second Phase of RINL Land E-Auction at Visakhapatnam on 3rd November 2026, Generates ₹218 Crore in Successful Bids
    November 4, 2026
    APEDA Facilitates Trial Export of 1.5 MT of Arunachal Pradesh Kiwi to Dubai
    November 4, 2026
    APEDA Facilitates Export of 1.3 MT of Sinduri Pomegranates from Kullu to Dubai
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November 11, 2026
Bharat Mobility Expo gaining global recognition, third edition to be the second largest such expo in the world: Commerce and Industry Minister Shri Piyush Goyal
Show AI Summary
Mobility manufacturing and export growth strategy highlights global partnerships, prospective market access and production-linked incentives for industry.
He expected Indian businesses to obtain zero-duty access to European Union markets by March or April and said negotiations with other countries could further expand preferential market access. He indicated that, once these opportunities materialise, preferential access could cover markets representing nearly 75 per cent of global GDP. The Minister highlighted the Production Linked Incentive schemes for auto components and specialty steel and the Export Promotion Mission as initiatives supporting industry and exports. He urged businesses to use the export initiative to market products and build industry brands.
November 11, 2026
DRI foils attempt to smuggle foreign currency out of India at Kolkata Airport; Foreign currency equivalent to Rs. 3.5 crore seized and seven arrested
Show AI Summary
Foreign currency smuggling allegations followed airport searches that uncovered concealed cash in baggage and led to passenger arrests.
Searches of their persons and baggage resulted in the seizure of US dollars and British pounds collectively valued at Rs. 3.12 crore. The currency was concealed in notebooks, hidden trolley-bag compartments, shoes and clothing, or packed deep inside baggage. The passengers could not produce documents establishing ownership or lawful possession. The seven passengers were arrested and charged with smuggling foreign currency out of India in contravention of the Customs Act and FEMA regulations. Searches of other passengers' baggage led to the recovery of foreign currency valued at Rs. 0.39 crore; those passengers were handed over to Customs for further proceedings.
November 11, 2026
DRI foils wildlife trafficking bid in Assam; recovers two elephant tusks weighing 3.7 kg amid dangerous pursuit by armed suspects
Show AI Summary
Elephant tusk trafficking is prohibited under wildlife protection law, with seized tusks transferred for further investigation.
Intelligence-led enforcement intercepted an attempted elephant-tusk trafficking operation near Sonapur Toll Gate in Assam on 5 November 2026. Five suspects travelling on two two-wheelers attempted to flee, displaying a Khukri and a Dao, and escaped after abandoning a bag. Officers recovered two elephant tusks from the bag, seized them under the Wildlife (Protection) Act, 1972, and handed them to the Assam State Forest Department for further investigation and action. Indian law prohibits trade and commercial dealings in articles derived from such protected species.
November 11, 2026
DRI seizes 6.642 kg amphetamine in Bhopal; drug trafficker arrested
Show AI Summary
Amphetamine trafficking: field testing identifies a controlled psychotropic substance concealed in passenger luggage, prompting seizure and arrest.
Intelligence-led enforcement under the Narcotic Drugs and Psychotropic Substances Act, 1985 led officers of the Directorate of Revenue Intelligence to intercept a bus passenger travelling from Delhi to Bhopal on 5 November 2026. Examination of the passenger's luggage uncovered three concealed packets containing 6.642 kg of a white crystalline substance. Field testing indicated the presence of amphetamine, a psychotropic substance controlled under the Act. The substance was seized and confiscated under its relevant provisions, and the passenger was arrested under the Act.
November 11, 2026
DRI seizes around 13,000 e-cigarettes worth more than Rs. 4 crore at JNPT Port in its sustained crackdown on illicit trade
Show AI Summary
E-cigarette import prohibition underpins customs seizure of prohibited products concealed in an import consignment declared as mop rods.
Importation, production, manufacture, export, transport, sale, distribution, storage and advertisement of electronic cigarettes and electronic nicotine delivery systems are prohibited in India under the Prohibition of Electronic Cigarettes (Production, Manufacture, Import, Export, Transport, Sale, Distribution, Storage and Advertisement) Act, 2019. Acting on intelligence at JNPT Port, Directorate of Revenue Intelligence officers intercepted an import consignment misdeclared as mop rods and found 13,000 e-cigarettes concealed among the declared cargo. The e-cigarettes and cover cargo, collectively valued at over Rs 4 crore, were seized under relevant provisions of the Customs Act.
November 11, 2026
NLMC Releases RFP for E-Auction of 11 Government Residential Flats Across Three Prime Locations in Prayagraj
Show AI Summary
Government residential property e-auction requires bidder registration and earnest money deposits under specified eligibility and bidding terms.
Eligible bidders may submit bids through the designated digital auction platform in accordance with the request for proposal. A pre-bid meeting is scheduled for 20 November 2026 at 11:00 a.m. for clarifications on eligibility, documentation, payments and the auction process. Registration and earnest money deposit submission must be completed by 5:00 p.m. on 7 December 2026; the e-auction is scheduled for 11 December 2026 from 11:00 a.m. to 5:00 p.m. Detailed terms, eligibility requirements and bidding procedures are available at https://eauction.enivida.com.
November 7, 2026
Central Bureau of Narcotics (CBN) celebrates 77th Foundation Day and reaffirms India's vision for a “Nasha Mukt Yuva for Viksit Bharat”, through intensified enforcement, digital governance, and mission "Yuva Raksha"
Show AI Summary
Narcotics regulation combines licit poppy cultivation oversight, trafficking enforcement, digital trade licensing and youth-focused drug prevention.
The Central Bureau of Narcotics oversees licit opium poppy cultivation and imports and exports of narcotic drugs, psychotropic substances and precursor chemicals, while conducting intelligence-driven enforcement against trafficking under the Narcotic Drugs and Psychotropic Substances Act, 1985. Licences, permits, certificates and other documents are processed through the ICEGATE SWIFT 2.0 single-window system, which handles more than 15,000 import and export applications annually. Planned measures include advanced crop tracking, expanded alternative development and a dedicated division to monitor high-risk non-scheduled industrial chemicals.
November 6, 2026
Minister of State for Commerce and Industry, Shri Jitin Prasada, Visits Hungary to Strengthen Bilateral Cooperation in Trade, Investment and Technology
Show AI Summary
Bilateral trade and investment cooperation spans electronics, pharmaceuticals, agriculture and emerging technologies, with business engagement exploring commercial opportunities.
Bilateral trade, investment and technological cooperation between India and Hungary were the focus of ministerial meetings and business engagements during a visit to Hungary from 4 to 6 November 2026. A meeting with Hungary's Minister of Science and Technology explored collaboration in emerging technologies, research and innovation between industries and research institutions. The accompanying Indian business delegation interacted with Hungarian trade and investment organisations and held business-to-business meetings with Hungarian companies to explore trade, investment and commercial opportunities.
November 6, 2026
Department of Financial Services Conferred with the ‘PM Surya Ghar Excellence Award’ for Leading Government Building Solarisation
Show AI Summary
Rooftop solarisation across feasible administrative buildings follows assessments of roof access, ownership, shadow profiles and load-bearing capacity.
Rooftop solarisation covers all 2,576 buildings identified as feasible among 4,144 buildings of organisations under the Department of Financial Services' administrative control. Fully commissioned solar photovoltaic plants provide an aggregate installed capacity of 61.50 MW. Feasibility assessments considered roof-access rights, building ownership, shadow profiles and load-bearing parameters. The Department received the PM Surya Ghar Excellence Award, second position in the category for maximum buildings solarised by central ministries and departments, on 5 November 2026.
November 6, 2026
India Advances Global Diamond Industry Agenda Ahead of Kimberley Process Plenary
Show AI Summary
Conflict diamond certification and responsible sourcing take centre stage in discussions on compliance, digitalisation and industry governance.
Working body chairs and vice-chairs discussed work plans and matters proposed for plenary consideration, including draft administrative decisions, responsible sourcing initiatives, improvements to statistical reporting, institutional governance and participant compliance. Further discussions addressed potential reform of the conflict diamond definition, digitalisation of certification and statistics, sustainable funding and continuity of the secretariat, and effective reporting and peer review. Participants also considered artisanal and alluvial production, the sustainability of producing countries and communities, and compliance with scheme minimum requirements.
November 6, 2026
Consolidation of Instructions Related to Priority Sector Lending – Drafts for Comments
Show AI Summary
Priority sector lending targets and classification face proposed consolidation across bank categories, with public feedback invited on entity-specific drafts.
Priority sector lending targets and classification are the subject of proposed consolidated directions following a review of existing instructions. Separate drafts are proposed for commercial banks, small finance banks, local area banks, regional rural banks and urban co-operative banks. The proposals consolidate existing instructions on an entity-specific basis; instructions omitted from the consolidated drafts are to be repealed following issuance of the directions, with the repeal to be notified separately. Public comments or feedback on the drafts may be submitted by 26 November 2026 through the Connect 2 Regulate section of the Reserve Bank's website, using the relevant link for each draft, or by email.
November 5, 2026
In view of upcoming festive season and to enable States to accelerate capital spending and finance their development/ welfare related expenditure, Union Government releases regular tax devolution of ₹1,09,019 crore to State Governments in advance
Show AI Summary
Tax devolution was advanced ahead of the festive season to support capital spending and development and welfare expenditure.
Regular tax devolution of Rs. 1,09,019 crore was released by the Union Government to State Governments on 5 November 2026, ahead of its normal monthly release date of 10 November 2026. The instalment was advanced in view of the festive season to enable States to accelerate capital spending and finance development and welfare expenditure.
November 5, 2026
Inter-Ministerial Group Recommends Asset Monetisation Proposals Worth Over ₹1,100 Crore for Approval by Cabinet-Delegated Alternative Mechanism
Show AI Summary
Surplus public asset monetisation proposals require delegated approval and prescribed procedures, supported by valuation and competitive price discovery.
Monetisation proposals for surplus land and buildings of Central Public Sector Enterprises (CPSEs), involving assets valued at over Rs.1,100 crore, have been recommended by the Inter-Ministerial Group for consideration and approval by the Cabinet-delegated Alternative Mechanism. Further monetisation activities are to follow the requisite approvals in accordance with prescribed procedures. The programme aims to realise the economic potential of surplus and underutilised public assets through systematic assessment, professional transaction preparation and competitive price discovery.
November 5, 2026
IICA signs MoU with IAMC to augment Alternative Dispute Resolution ecosystem and facilitate Ease of Doing Business in India
Show AI Summary
Alternative dispute resolution collaboration targets professional training, MSME mediation and policy research to strengthen institutional arbitration and mediation.
Alternative dispute resolution capacity building is the focus of a memorandum of understanding between the Indian Institute of Corporate Affairs and the International Arbitration and Mediation Centre. The collaboration aims to strengthen institutional cooperation and professional excellence in arbitration, mediation and corporate affairs. It envisages customised short- and long-term courses, workshops, seminars and other skills programmes to develop arbitrators, mediators and dispute resolution professionals. Structured programmes, joint initiatives and policy-oriented research are also contemplated, drawing on the institutions' expertise and resources.
November 5, 2026
Commission approves subscription of certain securities of Gentari Renewables India Pte. Ltd. by Sapphire US HoldCo (USA), LLC
Show AI Summary
Competition approval for securities subscription enables investment in renewable power generation and battery energy storage operations.
The Competition Commission of India has approved Sapphire US HoldCo (USA), LLC's subscription of certain securities of Gentari Renewables India Pte. Ltd. The proposed combination involves investment in a company engaged in power generation through renewable energy sources and battery energy storage solutions in India. Sapphire US HoldCo is a special purpose vehicle incorporated solely for the proposed transaction and is indirectly owned by vehicles or accounts advised and managed by various subsidiaries of KKR & Co. Inc.
November 5, 2026
CCI approves acquisition of certain business of Deutsche Bank Aktiengesellschaft by Kotak Mahindra Bank, and other related transactions
Show AI Summary
Banking business acquisition on a slump sale basis receives competition approval alongside contemplated investment advisory and portfolio management referrals.
Competition Commission of India approval covers Kotak Mahindra Bank Limited's acquisition of Deutsche Bank Aktiengesellschaft's retail banking, private banking and wealth management business conducted through its Indian branches. The acquisition is structured as a going-concern transfer on a slump sale basis. The parties also contemplate affiliate-level referral arrangements for customers of Deutsche Investments India Private Limited's investment advisory and portfolio management businesses to relevant wholly owned subsidiaries of Kotak Mahindra Bank. Deutsche Investments India Private Limited is an indirect wholly owned subsidiary of Deutsche Bank.
November 4, 2026
Revision in E-Way Bill and Consolidated E-Way Bill Numbering Formats w.e.f. 1 January 2027
Show AI Summary
E-Way Bill numbering changes propose longer identifiers, with system modifications advised and sandbox testing planned before implementation.
Proposed E-Way Bill numbering changes would increase the E-Way Bill number from 12 to 14 digits and the Consolidated E-Way Bill number from 10 to 11 digits, with effect from 1 January 2027. Taxpayers, GSPs, ERP and software providers, and API integrators are advised to modify applications, APIs, database schemas and validation rules to accommodate the revised formats. The changes are to be released in the Sandbox environment for testing, with relevant details to be published on the E-Way Bill Portal.
November 4, 2026
NLMC Successfully Concludes Second Phase of RINL Land E-Auction at Visakhapatnam on 3rd November 2026, Generates ₹218 Crore in Successful Bids
Show AI Summary
Surplus public land monetisation through competitive e-auctions uses reserve prices and market bidding to support asset price discovery.
In the second phase on 3 November 2026, 114 parcels attracted successful bids totalling Rs.218 crore against an aggregate reserve price of Rs.184.81 crore, a premium of 17.96%. Across both phases, 264 parcels attracted Rs.584.33 crore in successful bids against a combined reserve price of Rs.497.29 crore, a 17.50% premium. NLMC plans a third round for the remaining unsold parcels, subject to applicable approvals and conditions; its schedule and other details are to be announced in due course.
November 4, 2026
APEDA Facilitates Trial Export of 1.5 MT of Arunachal Pradesh Kiwi to Dubai
Show AI Summary
Kiwi export market development links local growers with overseas retail testing of consumer demand, packaging and quality expectations.
Kiwi export promotion from Arunachal Pradesh involves a trial shipment of 1.5 metric tonnes from Ziro to Dubai, facilitated by the Agricultural and Processed Food Products Export Development Authority (APEDA). Retail-level consumer tasting and feedback are intended to assess acceptance and potential demand, as well as preferences and expectations concerning quality, packaging and presentation. The findings may help growers, cooperatives and exporters prepare for future commercial shipments and identify market opportunities.
November 4, 2026
APEDA Facilitates Export of 1.3 MT of Sinduri Pomegranates from Kullu to Dubai
Show AI Summary
Agricultural export facilitation connects pomegranate farmers and producer organisations with international markets through direct procurement and exporter coordination.
Agricultural export facilitation linked pomegranate growers in Kullu, Himachal Pradesh, with international markets through an APEDA-supported export of 1.3 metric tonnes of Sinduri pomegranates to Dubai. Uttar Pradesh-based Amama Exports sourced the produce directly from local farmers and the Bhuntar farmer producer organisation (FPO), associated with approximately 600 farmers, with procurement and coordination support from the district horticulture administration. Participating farmers realised prices 50% higher than the prevailing domestic market benchmark. Opportunities for horticultural exports to the United Arab Emirates depend on buyer demand, quality requirements and applicable import regulations.

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Home › news › Corp. Laws, SEBI & IBC › 2017 › March, 2017 › This
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Amendment in Companies Act

March 17, 2017

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Amendments in the Companies Act, 2013 have been proposed through Companies (Amendment) Bill, 2016. The said Bill, inter-alia, includes changes in provisions relating to incorporation related matters with regard to name reservation, contents of memorandum and for substitution of requirement of “affidavit” at the incorporation stage with “declaration”. Companies (Amendment) Bill, 2016 was referred to Standing Committee which submitted its report to the Parliament on 07.12.2016. Necessary official amendments shall be proposed in the Companies (Amendment) Bill, 2016 before the Bill is taken up for consideration in the Parliament.

This was stated by Shri Arjun Ram Meghwal, Minister of State for Corporate Affairs in written reply to a question in Lok Sabha today.

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