Treaty on transfer of sentenced persons between India and Qatar

Treaty on transfer of sentenced persons between India and Qatar
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today approved thesigning of the treaty on transfer of sentenced persons between India and Qatar.

The signing of the Treaty shall facilitate Indian prisoners imprisoned in Qatar or vice-versa to be near their families, for serving the remaining part of their sentence and shall facilitate their social rehabilitation.
Prior to 2004, there was no domestic legislation under which foreign prisoners could be transferred to the country of their origin to serve the remaining part of their sentence, nor was there a provision for the transfer of prisoners of Indian origin convicted by a foreign court to serve their sentence in India.
Hence the Repatriation of Prisoners Act, 2003 was enacted for serving this purpose. For achieving the objectives of the Act, a Treaty/Agreement is required to be signed with countries having mutual interest with India and later to be notified in the Official Gazette.
The Government of India has so far signed Agreements with the Governments of United Kingdom, Mauritius, Bulgaria, Brazil, Cambodia, Egypt, France, Bangladesh, South Korea, Saudi Arabia, Iran., Kuwait, Sri Lanka, UAE, Maldives, Thailand, Turkey, Italy, Bosnia & Herzegovina, Israel, Russia, Vietnam and Australia. Negotiations have also been concluded with the Governments of Canada, Hong Kong, Nigeria and Spain.
Companies (Amendment) Bill, 2014
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today approved the introduction of the Companies (Amendment) Bill, 2014 in Parliament to make certain amendments in the Companies Act, 2013.
The Companies Act, 2013 (Act) was notified on 29.8.2013. Out of 470 sections in the Act, 283 sections and 22 sets of Rules corresponding to such sections have so far been brought into force. In order to address some issues raised by stakeholders such as Chartered Accountants and professionals, following amendments in the Act have been proposed:
1. Omitting requirement for minimum paid up share capital, and consequential changes. (For ease of doing business)
2. Making common seal optional, and consequential changes for authorization for execution of documents. (For ease of doing business)
3. Prescribing specific punishment for deposits accepted under the new Act. This was left out in the Act inadvertently. (To remove an omission)
4. Prohibiting public inspection of Board resolutions filed in the Registry. (To meet corporate demand)
5. Including provision for writing off past losses/depreciation before declaring dividend for the year. This was missed in the Act but included in the Rules.
6. Rectifying the requirement of transferring equity shares for which unclaimed/unpaid dividend has been transferred to the IEPF even though subsequent dividend(s) has been claimed. (To meet corporate demand)
7. Enabling provisions to prescribe thresholds beyond which fraud shall be reported to the Central Government (below the threshold, it will be reported to the Audit Committee). Disclosures for the latter category also to be made in the Board’s Report. (Demand of auditors)
8. Exemption u/s 185 (Loans to Directors) provided for loans to wholly owned subsidiaries and guarantees/securities on loans taken from banks by subsidiaries. (This was provided under the Rules but being included in the Act as a matter of abundant caution).
9. Empowering Audit Committee to give omnibus approvals for related party transactions on annual basis. (Align with SEBI policy and increase ease of doing business)
10. Replacing ‘special resolution’ with ‘ordinary resolution’ for approval of related party transactions by non-related shareholders. (Meet problems faced by large stakeholders who are related parties)
11. Exempt related party transactions between holding companies and wholly owned subsidiaries from the requirement of approval of non-related shareholders. (corporate demand)
12. Bail restrictions to apply only for offence relating to fraud u/s 447. (Though earlier provision is mitigated, concession is made to Law Ministry & ED)
13. Winding Up cases to be heard by 2-member Bench instead of a 3-member Bench. (Removal of an inadvertent error)
14. Special Courts to try only offences carrying imprisonment of two years or more. (To let magistrate try minor violations).
Amendments to Regional Rural Banks Act, 1976
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today approved the amendments in the Regional Rural Banks (RRBs) Act, 1976 to enhance authorized and issued capital to strengthen their capital base and to bring flexibility in the shareholding between Central Government, State Government and Sponsor Bank. The term of the non-official directors appointed by the Central Government will be fixed not exceeding three years.
The amendments will ensure financial stability of RRBs which will enable them to play a greater role in financial inclusion and meeting credit requirements of rural areas and the Board of RRBs will be strengthened.
Regional Rural Banks were established under Regional Rural Banks Act, 1976 (the RRB Act) to create an alternative channel to the cooperative credit structure and to ensure sufficient institutional credit for the rural and agriculture sector. RRBs are jointly owned by Government of India, the concerned State Government and Sponsor Banks with the issued capital shared in the proportion of 50 percent, 15 percent and 35 percent respectively. As per provisions of the Regional Rural Banks Act, 1976 the authorized capital of each RRB is Rs. five crore and the issued capital is maximum Rs one crore.
India’s approach to climate change negotiations at Lima, Peru
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval forthe negotiating position for the 20th Conference of Parties (COP-20) on climate change scheduled to be held from 1 to 12 December, 2014 at Lima, Peru.
CoP-20 is expected to focus on the elements of 2015 Agreement and Intended Nationally Determined Contributions (INDCs).
The approach seeks to protect the interests of the country in climate change negotiations based on the principles of the United Nations Framework Convention on Climate Change (UNFCCC), and it`s Kyoto Protocol (KP).It would also enhance the solidarity among the developing countries on these issues.
Introduction of comprehensive Anti-hijacking Bill 2014
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for introduction of the comprehensive Anti-Hijacking Bill 2014. The current law, the Anti-Hijacking Act, 1982, was last amended in 1994.
After the hijacking of Indian Airlines Flight IC-814 in December, 1999, it was felt necessary for providing the award of death penalty to perpetrators of the act of hijacking. The incident of 9/11, where aircrafts were used as weapons, also created the need to further amend the existing Act.
The Anti-Hijacking (Amendment) Bill, 2010 was introduced in the Rajya Sabha in August, 2010. During the process of amendment, a global diplomatic Conference was held at Beijing in August-September, 2010. India is a signatory to the Beijing Protocol signed at the Conference. This Protocol brought out new principal offences combined with ancillary offences, enlarged the scope of ‘hijacking’, expanded jurisdiction and strengthened extradition and mutual assistance regimes. The Bill provides death punishment for the offence of the highjacking, where such offence results in the death of a hostage or of a security personal; or with imprisonment for life and the moveable and immoveable property of such persons shall also be liable to be confiscated.
Keeping in view these facts, the Cabinet has given approval for:-
i. Ratification of the Beijing Protocol, 2010;
ii. Repealing of the Anti-Hijacking Act, 1982 as amended in 1994;
Treaty on transfer of sentenced persons between India and Qatar Treaty on transfer of sentenced persons between India and Qatar Reviewed by Ajit Kumar on 5:41 AM Rating: 5

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