The previous act required a minimum of 2 shareholders as well as 2 directors for establishing a pvt. Objectives of the it actto provide legal recognition for transactions. Encourage the companies to put csr funds to good use for the welfare of the society. Companies amendment bill, 2017 was introduced in lok sabha on march 16, 2016 then the bill was referred to the standing committee on finance on 12 april, 2016 and committee after hearing the views of different representatives and professionals adopted its report on 30th november, 2016. Ministry of law, justice and company affairs legislative department new delhi, the 9th june, 2000jyaistha 19, 1922 saka the following act of parliament received the assent of the president on the 9th june, 2000, and is hereby published for general information.
Salient features of right to information rti act selflearn. There is also legal recognition provided for digital and electronic signatures. So the indian courts are vested with the authority to adjudicate on the constitutionality of. Information technology act 2000 consisted of 94 sections segregated. The companies amendment bill 2019 was passed by the lok sabha recently. All citizens shall have the right to information, subject to provisions of the act. This act incorporates a separate chapter xi entitled offences to deal with various cyber crimes and contraventions. The companies amendment act, 2000 legislation vlex.
A provision claiming priority from a design application filed in any convention country has been introduced. Gap analysis checklist for it amendment act, 2008 compliance. Some of the salient features of the draft patent amendment rules are as follows. Data privacy as data privacy remains prime importance to the topic of discussion, i will discuss the section related to section 43a of the amended act which covers all the sectors of indian economy. List the salient features of amendment act of 1992. Cyber laws are contained in the information technology act, 2000. The indian companies act 20 replaced the indian companies act, 1956. What are the salient features of companies act, 20. It is the primary law in india dealing with cybercrime and electronic commerce. Salient features of us constitution is open for the scholarship allows level programms in the field of taught at the deadline of the scholarhip is.
At present it contains 448 articles in 25 parts, 12 schedules, 5 appendices and 98 amendments out of 120 constitution amendment bills. Although people are aware of the advantages which the electronic form of. This act incorporates a separate chapter xi entitled offences to deal. Features of a company as per company act 1956 india. Information technology law pdf wiki fandom the term information technology law 1 it law r the information technology act 2000 the information technology act, 2000 no. The document containing laws and rules which determine and describe the form of the government, the relationship between the citizens and the government, is called a constitution. Ministry of law, justice and company affairs department of company affairs new delhi, the 27 th february, 2001. It introduced some changes to the companies act 20. April 24,1993 is a redletter day in the history of panchayati raj in india as on this day the constitution 73 rd amendment act, 1992 came into force to provide constitutional status to the panchyati raj institutions 73 rd amendment act, 1992the salient features of the act are. Carried out by means of electronic data interchange, and other means of electronic communication, commonly referred to as electronic commerce to facilitate electronic filing of documents with government agencies and epayments to amend the indian penal code, indian evidence act.
Registered users can write a blogarticlepost up to 2,000 characters. The law has provided for the use of a common seal, with the name of the company engraved on it, as. It outlines the justice dispensation systems for cybercrimes. While borrowing the major portion of the us enactment, the bill seeks to address the current indian circumstances. This act makes the details of the transfer of power to the panchayat a part of the most basic document of this nation.
With the declaration of independence, published on july 04, 1776, written by thomas jefferson, begins the independent history of united states of america. Salient features of the indian bayh dole act bananaip. Company law tribunal and company law appellate tribunal. Salient features of the the payment of bonus act 1965 important sections applicability state amendment applies to employers employing 10 or more employees. It originally contained a preamble, 395 articles in 22 parts, 12 schedules and 5 appendices. Amendment government of maharashtra has already passed 97th constitutional amendment on 14th february, 20.
The entire law fraternity is keen to hear from lawyers, solicitors, judges and legal professionals from respective bar associations, state and territory to share ideas, give opinions and light on important matters. It has been amended in 2008 and the amended act is effective from february 5, 2009. The main features of the amendments are as follows. The companies act 20 makes comprehensive provisions to govern all listed and unlisted companies in the country.
As discussed in the first chapter, the government of india enacted the information technology i. This is a landmark legislation with farreaching consequences on all companies. Gram sabhathe act has restored the important role of the gram sabha. Essay on the salient features of the information technology act, 2000. Indian constitution is federal and envisages a dual polity centre and. Act with some major objectives to deliver and facilitate lawful electronic, digital, and online transactions, and mitigate cybercrimes. In a landmark judgment in the case of national association of software and.
Streamline certain procedural aspects to get rid of the roadblocks which are hindering the enforcement of certain vital company provisions. The salient features of the new design law are enumerated below. Here is your brief note on company form of business in india. Salient features of the indian bayh dole act bananaip counsels. The main principle behind freedom of information legislation is that people have a. The rules under the amended act have also been framed, which became effective from october 27, 2009. Such company can have just 1 director as well as 1 shareholder. An existing private company other than a company registered under section 8 of the act which has paid up share capital of rs.
The right to information forms the crucial underpinning of participatory democracy it is essential to ensure accountability and g. The companies act 20 implemented many new sections and repealed the relevant corresponding sections of the companies act 1956. The act contains various provisions which affect all companies irrespective of their status. Under it act, 2008 all the acts referred under section 43, are also known as cyber also covered usec. It amendment act, 2008 an act to amend the it act 2000. The bill was finalised by group of officials headed by then minister of information technology pramod mahajan summary. In may 2000, both the houses of the indian parliament passed the information technology bill. Salient features of indian constitution your article library. State government has amended maharashtra cooperative societies act, 1960 by maharashtra cooperative societies amendment ordinance, 20. The companies act 2006 c 46 is an act of the parliament of the united kingdom which forms. The companies amendment act, 2000 legislation vlex 29636053. This act aims to provide the legal infrastructure for. Prepare your business for it amendment act, 2008 compliance with these.
Sep 21, 2016 another amendment was introduced which was passed and became the 73 rd amendment act which was brought into force by a notification with effect from april 24, 1993. It elaborates on offenses, penalties, and breaches. Now, in order to rationalize this levy, it is proposed to enlarge the scope of fed and following slabs are being proposed. Salient features of the information technology act, 2000. The information technology act, 2000 also known as ita 2000, or the it act is an act of the indian parliament no 21 of 2000 notified on 17 october 2000.
Carried out by means of electronic data interchange, and other means of electronic communication, commonly referred to as electronic commerce to facilitate electronic filing of documents with government agencies and epayments to amend the indian penal code, indian. Lengthiest written constitution articles 465, 25 parts, 12 schedules geography, history, both for centre and states, legal luminaries in the constituent assembly the british constitution can be found in a variety of documents. The information technology act, 2000 of india overview. The right to information has been recognised as a fundamental human right, which upholds the inherent dignity of all human beings. Section 66a section 66 sending of offensive or false provision has been messages new provision significantly changed. It act 2000 penalties, offences with case studies checkmate. The much awaited the companies amendment bill, 2019 was passed by the parliament recently with the objective to augment more. Salient features of us constitution scholarshipsads.
To provide 3tier system of panchayati raj for all states having population of over 20 lakh. Applicability state amendment applies to employers employing 10 or more employees. The designs act, 2000 which came into effect from may 11, 2001 replacing the earlier designs act, 1911. The original act contained 94 sections, divided into chapters and 4 schedules. Main features of it act 2000 2006 amendment and its role in the growth of e business in india. Companies amendment act, 2019 salient features soolegal. The act further proposes to amend the ipc, the evidence act, the rbi act and the bankers books evidence act so as to make them in tune with the provisions of the it act. It is clear that the primary source of democratic power is in the village. Act of the legislature or odder of the executive can be declared rule and void if it violates any of the fundamental rights guaranteed to the citizens by the constitutions.
Nov 08, 2009 the information technology amendment act, 2008 an act to amend the it act 2000 received the assent of the president on 5 th february 2009. Some of the major salient features of indian constitution are as follows. Salient features of design act 2000 india is a member of the world trade organizations paris convention. Salient features of right to information rti act 2005 is a comprehensive article by selflearn for those who are preparing for upsc examination. Salient features of the new companies bill passed by. The salient features of the it act, 2000 are as follows digital signature has been replaced with electronic signature to make it a more technology neutral act. This not only provides the legal infrastructure for ecommerce in india but it simultaneously awards draconian powers to the police to enter and search, without any warrant, any public place for the purpose of nabbing cyber criminals and preventing cyber crime. The indian constitution closely follows the british parliamentary model but differs from it in one important respect that, is, the constitution is supreme, not the parliament. The bill is inspired from and based largely upon the bayh dole act in usa. With the developing demands, the amendments in the it act 2000 were made and it act 2008 amendment was passed finally on 23 rd december 2008. Preamble and the salient features of the constitution of india. The salient features of the companies amendment act, 2000 were as follows.
What is the salient features of the design act 2000. The freedom of information act 2000 provides public access to information held. Salient features of the the payment of bonus act 1965. The constitution of india is the longest written constitution. Change of registered office from one city to another but within the same state would require the approval of regional director where the change relates to jurisdiction of one registrar of companies to the jurisdiction of another registrar of companies. These terms are defined in more detail in the amended section 6 of foia. Mar 15, 2012 amendment of it act 2000 criminal provisions.
Where an offence under this act has been committed by a company, every person who, at the time, the offence was committed was in charge of, or was responsible for the conduct of business of the company, as well as the company, shall be deemed to be. Feb 27, 2001 ministry of law, justice and company affairs department of company affairs new delhi, the 27 th february, 2001. Establishment and incorporation of real estate regulatory authority rera at every state in india for monitoring and adjudicating disputes relating to real estate projects section 20. The information technology act, 2000, came into force with effect from 17th october, 2000. Here we present an account of salient features of the bill that is being introduced in rajya sabha for discussions. In exercise of the powers conferred by subsection 2 of section 1 of the companies amendment act, 2000 53 of 2000, the central government hereby appoints the 1 st day of march, 2001, as the date on which the provisions. Salient features of the constitution, general knowledge, general studies, subscribe mahendras youtube channel. The act provides legal recognition to ecommerce, which facilities commercial etransactions. In exercise of the powers conferred by subsection 2 of section 1 of the companies amendment act, 2000 53 of 2000, the central government hereby appoints the 1 st day of march, 2001, as the date on which the provisions of section 7 of the said.
This is a landmark legislation with farreaching consequences on all. Preamble and the salient features of the constitution of india the constitution of india was framed by a constituent assembly. The salient features of the information technology act, 2000 may briefly be stated as follows. Salient features information technology act, 2000 through the enactment of the act, all electronic contracts made through secure electronic channels are legally valid.
It provides a very definite day for its commencement i. Main features of it act 2000 2006 amendment and its role in the growth of e business in india by. Security measures for electronic records and also digital signatures are in place. Digital signature has been replaced with electronic signature to make it a more technology neutral act. The information technology amendment act, 2008 an act to amend the it act 2000 received the assent of the president on 5 th february 2009.
The rules under the amended act have also been framed, which became effective from. One day workshop on salient features of companies act 2017 being organized on. Section 5 of the act which deals with corporate social responsibility. The bill was passed in the budget session of 2000 and signed by president k. It has signed the patent cooperation treaty which allows all the signatories of the convention to claim priority rights. Salient features of the new companies bill passed by parliament. All you need to know about the salient features of the. The bill received the assent of the president in august 2000 and came to be known as the information technology act, 2000. The 42 nd amendment act introduced fundamental duties to circumscribe the fundamental rights even thought the duties as such cannot be. It was reduced by the 61st constitutional amendment act of 1988. In this article, you can read the salient features of the companies act 20 and its comparison with the older companies act 1956, for the ias exam. The ministry of commerce and industry has published draft patents amendment rules, 2015.
Salient features of the new companies bill passed by parliament all india indoasian news service updated. Information technology act 2000 it act the information technology act, 2000 basically deals with the legal recognition of electronic documents and that of digital signatures. Part vi miscellaneous and supplementary provisions incentives for. A company being an artificial person cannot sign documents for itself whereas a natural person can do. T act are as follows digital signature has been replaced with electronic signature to make it a more technology neutral act. All electronic contracts made through secure electronic channels are legally valid. It amends the laws related to the indian companies. This type of company counts as a public authority in its own right and needs to. Features of information technology act 2000 information. The companies act 20 has provided for entrenchment in the articles of association. Establishment of fast track dispute resolution mechanism for settlement of real estate. Salient features of the representation of peoples act. Some of the important features of this amendment act are as under.
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