Union Cabinet Passes Order To Form 22nd Law Commission

Union Cabinet Passes Order To Form Law Commission

Executive Feb 21, 2020 Lawstreet News Network 27 Shares

Also Read - Proposal to Suspend IBC Proceedings for Defaults post-March 25 Approved by the Cabinet [Read Ordinance]

On 19th February, 2020 the Union Cabinet has passed an order for the formation of the 22nd Law commission for the aid and advice to the Government on certain complex legal issues. The term of the 21st Law commission ended in August last year. The 21st law commission was established on 2015 with Justice B.S. Chauhan (retd.) as its Chairman. An official statement said that “the 22nd Law Commission will also have not more than five part-time members,” The statement further added that “The Law Commission shall, on a reference made to it by the Central Government or suo motu, undertake research in law and review of existing laws in India for making reforms and enacting new legislation. It shall also undertake studies and research for bringing reforms in the justice delivery systems for elimination of delay in procedures, speedy disposal of cases, reduction in cost of litigation, etc.,”

Also Read - Cabinet Approves Alteration in MSME Definition to Aid Ease of Doing Business Amid COVID-19

Law commission is an advisory body established by the Union government whose job is to bring legal reforms and help the Ministry of Law and Justice in making complex legal decisions. The commission consists of a full-time Chairperson with four full-time members including a member-secretary. It is reconstituted for every three years and so far it has submitted 277 reports on different legal issues.

Author- Aditi Dubey

Proposal to Suspend IBC Proceedings for Defaults post-March 25 Approved by the Cabinet [Read Ordinance]

Proposal to Suspend IBC Proceedings Approved by the Cabinet

Executive Jun 05, 2020 Priyam Jain ( Editor: Ekta Joshi ) 42 Shares

On Wednesday (June 3, 2020) it was cleared by the Cabinet that the proposal to suspend the insolvency proceedings under the Insolvency and Bankruptcy Code to avoid companies at large from being forced into insolvency proceedings for non-performing assets during the COVID-19 period starting from 25 March until a date which will be notified by the government. This move introduced by the government focusses on the introduction of a new clause – 10A, under section 10 of the Insolvency and...

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Cabinet Approves Alteration in MSME Definition to Aid Ease of Doing Business Amid COVID-19

Executive Jun 03, 2020 Ishita Joshi ( Editor: Ekta Joshi ) 8 Shares

Government of India, on Monday, 1st June 2020, approved the revision in the definition of MSMEs to accordingly improve the ease of doing business. For micro-enterprises, the investment and turnover limits have been increased to Rs 1 crore and Rs 5 crore, respectively. On the other hand, for small enterprises, the investment and turnover limits were increased from Rs 1 crore and Rs 5 crore to Rs 10 crore and Rs 50 crore respectively. Similarly, for medium-sized enterprises, the investment...

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