President promulgates four Ordinances including Ordinance banning Triple Talaq; Unregulated Deposit Schemes

The Muslim Women (Protection of Rights on Marriage) Second Ordinance and Indian Medical Council (Amendment) Second Ordinance have been promulgated to give continued effect to the provisions brought in by the earlier ordinance. The Banning of Unregulated Deposit Schemes Ordinance has been promulgated to have central legislation to tackle the menace of illicit deposit schemes in the country.

The Companies (Amendment) Second Ordinance has been promulgated to empower the Central Government to allow certain companies to have a different financial year instead of the year determined by the Tribunal. The Ordinance declares the practice of triple talaq to be void and illegal, be it in any form- spoken form, in writing or by electronic means such as email, SMS and WhatsApp or in any other manner whatsoever.

The Indian Medical Council (Amendment) Second Ordinance, 2019 enables the Board of Governors appointed in supersession of the Medical Council of India (MCI) to continue to exercise the powers of MCI for a period of two years or till the Council is reconstituted, whichever is earlier.

This Ordinance addresses the need to impose civil liability for technical and procedural defaults of a minor nature and to plug the corporate governance and enforcement frame work through:-

1. Re-categorisation of 16 minor offenses as civil defaults which will de-clog special courts.
2. Transfer of certain routine functions such as permitting conversion of a public company into a private company to the central government.
3. Breach of the ceiling on directorships being made a ground for disqualification
4. Enhancing the pecuniary jurisdiction of regional director’s for compounding offences

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