Two new acts passed

The Academy of Scientific and Innovative Research Bill, 2011, after having received the assent of the President on 6th February, 2012, has been published in the Gazette of India, Extraordinary, Part-II, Section-1, dated the 7th February, 2012 as Act No. 13 of 2012.

 

Also, the Factoring Regulation Bill, 2011, which received the assent of the President on 22nd January, 2012, has been published in the Gazette of India, Extraordinary, Part-II, Section-1, dated the 23rd January, 2012 as Act No. 12 of 2012.

The first one for which a lot of complaint from advocates are seen and even they protested for this and have organized an all india band on account of this.