Category: Polity Current Affairs

The Insolvency And Bankruptcy Code (Amendment) Bill, 2021: The Insolvency and Bankruptcy Code (Amendment) Bill, 2021, passed by Lok Sabha has proposed ‘pre-packs’ or Pre-packaged Insolvency Resolution Process (PIRP) as an insolvency resolution mechanism for Micro, Small and Medium Enterprises (MSMEs). A pre-pack envisages the resolution of the debt of a distressed company through a […]

Juvenile Justice Amendment Bill, 2021: The Juvenile Justice (Care and Protection of Children) Amendment Bill, 2021, was passed in the Rajya Sabha. The bill seeks to amend the Juvenile Justice Act, 2015. The National Commission for Protection of Child Rights (NCPCR) audit of Child Care Institutions (CCIs) in 2020, 90% of which are run by […]

Vandalism: The Supreme Court held that lawmakers cannot indulge in criminal acts on the Parliament or Assembly floors and then take cover behind the right to free speech. The court refused the Kerala government’s plea to withdraw prosecution of top Left Democratic Front (LDF)leaders accused of vandalism and wanton destruction of public property on the […]

Basavaraj Bommai :23rd Chief Minister (CM) Of Karnataka.: Basavaraj Bommai has been appointed as the 23rd Chief Minister (CM) of Karnataka. Basavaraj Somappa Bommai (born 1960) is an Indian politician and mechanical. He is a member of the Bharatiya Janata Party. He belongs to Banajiga sub-sect of Lingayat community. Bommai is the son of the […]

Marine Aids To Navigation Bill 2021: The Parliament has passed the Marine Aids to Navigation Bill 2021. The bill will repeal the Lighthouse Act, 1927, an over nine-decade-old law governing the traditional navigation aid, i.e. lighthouses. Uptil now, the administration and management of Lighthouse and Lightships in India is governed by Lighthouse Act 1927 for […]

Factoring Regulation (Amendment) Bill 2020: The Bill was recently passed by the Lok Sabha. The Bill seeks to widen the scope of entities that can engage in factoring business. Factoring is a transaction where an entity (like MSMEs) ‘sells’ its receivables ( dues from a customer) to a third party ( a ‘factor’ like a […]

Insolvency And Bankruptcy Code (Amendment Bill), 2021: The government introduced the Insolvency and Bankruptcy Code (Amendment Bill), 2021 in the Lok Sabha. The Bill is set to replace the Insolvency and Bankruptcy Code Amendment Ordinance 2021 promulgated in April 2021. It introduced an alternate insolvency resolution process for Micro, Small and Medium Enterprises (MSMEs) with […]

Immigration Bill 2021: The Ministry of External Affairs (MEA) invited public inputs to the Immigration Bill 2021. The Bill presents a long overdue opportunity to reform the recruitment process for nationals seeking employment abroad. Key Features of the Bill: The Bill intends to replace the Emigration Act of 1983. The Bill envisages comprehensive emigration management, […]

OCI Card Holders:: The Delhi High Court has said that the Foreigners Regional Registration Office (FRRO) cannot insist on the physical or virtual presence of both the spouses for processing Overseas Citizenship of India (OCI) card applications for one of them. The High Court’s order came while asking the FRRO to accept the OCI card […]