On March 14, 2020, According to the Ministry of Corporate Affairs, Government of India (GoI), Justice (Retd.) Bansi Lal Bhat has been selected as the officiating Chairperson of the National Company Law Appellate Tribunal (NCLAT) for a period of 3 months with effect from March 15, 2020 or until a regular Chairperson is appointed, whichever is earlier.
The government has also selected Justice (Retd.) Anant Bijay Singh as a Judicial Member of NCLAT & Ms. Shreesha Merla and Mr. Alok Srivastava as Technical Members.
Indian cricketer Shardul Thakur selected as the brand ambassador of Tata Power, the largest power generation company in India which targets to give uninterrupted power supply from its various plants located across India.
This is his 1st major commercial endorsement & the campaign featuring him does have a significant presence in digital, radio & outdoors.
Arundhati Bhattacharya has given her resignation from Crisil board. She was serving as the independent director of the Crisil.
Her resignation will be effective on April 15, 2020. She has submitted her resignation as she will be joining as a Chairperson and CEO for the India operationsof Salesforce, USA.
Kamal Nath has stepped down as the Chief Minister of Madhya Pradesh. He has resigned ahead of the floor test which was scheduled to be held on 20th March 2020 in the state assembly.
He will submit his resignation to Lal Ji Tandon, governor of Madhya Pradesh.
Kamal Nath sworn-in as the chief minister of Madhya Pradesh after winning the state Assembly polls held in 2018.
Insurance Regulatory and Development Authority of India (IRDAI) instituted a 16-member committee headed by Pravin Kutumbe to further strengthen its guidelines on corporate governance.
The committee consists of a head, six members from the insurance regulator besides members from the Reserve Bank of India and the Securities and Exchange Board of India along with other industry partakers.
The Appointment Committee of the Cabinet has given approval to the appointment of two Indian Revenue Service (IRS) officers Krishan Mohan Prasad and Satish Kumar Gupta as members of the Central Board of Direct Taxes (CBDT) Board.
The Appointments Committee of the Cabinet (ACC) has given approval to an extension of tenure of RBI (Reserve Bank of India) Deputy Governor, Bibhu Prasad Kanungo for another year up to April 3, 2021.
Justice of India has extended the tenure of Justice Shiva Kirti Singh as chairman of Telecom disputes Settlement and Appellate Tribunal(TDSAT).
The bench that extended the tenure of Justice Shiva Kirti Singh consisted of Chief Justice of India(CJI) Justice SA Bobde, Justice Deepak Gupta and Sanjay Kishan Kaul.
Parag Raja has been elected as the new Md & CEO of Bharti Axa Life Insurance. He will be replacing Vikas Seth. Prior to this appointment, Raja was the Chief Distribution Officer at Aditya Birla Sun Life Insurance (ABSLI)