To
Members of DTAB

Subject: Minutes of the 82nd meeting of the Drugs Technical Advisory Board (DTAB) held on 02 April, 2019 at Nirman Bhawan, New Delhi.

A copy of the minutes of the 82nd meeting of Drugs Technical Advisory Board held on 02 April, 2019 at Nirman Bhawan, New Delhi, duly approved by the Chairman, is annexed for your information.

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We at SMTA have created a new ‘SMTA BROADCAST GROUP’ in order to update our members about Latest information on various Pro-member matter like notifications as regards taxation, Govt. policies, business and other Fraternity related matters.

The insertions to this group can be posted by the President and the Secretary of the Association only. The information on the broadcast group should be accessible by all the associate members.

Please, if anybody does not receive the information through this channel – Do communicate the contact Add-on request to

01. SMTA : + 91 77018 49177
02. President: +91 98110 23779 OR
03. Secretary: +91 98100 66880

Group – SMTA

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Dear Brethen,

We at SMTA are organising a Fund raising drive to financially help the bereaved families of the martyrs, who sacrificed their valuable lives for the country and to ensure our security. Through this Appeal, we request all our members to please contribute to the cause.

All are requested to contribute whole heartedly.

Members may pay by crossed cheque in favour of:
The Surgical Manufacturers & Traders Association OR may transfer the amount electronically to SMTA account. The recipient account details are as thus.

Bankers Details for Remitances
Benificiary’s Details: THE SURGICAL MANUFACTURERS & TRADERS ASSOCIATION
Name of Bank: UNION BANK OF INDIA
Bank Address: Asaf Ali Road, New Delhi-110001
Branch: New Delhi
IFSC Code: UBIN0541371
Bank Account Number: 413702010005678

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Dear Members,

This hour requires us to stand with the bereaved families of our soldiers martyred in Pulwama & such other cowardly acts by the terrorists being harboured by our neighbour country.

Please show solidarity by keeping your establishments closed on Monday, the 18th of February, 2019.

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SMTA List of Holidays Year 2019

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Companies Amendment Ordinance approved by the cabinet
The Ordinance has been approved today and SENT for Presidential Assent

The Ordinance has been promulgated based on the Report of Committee Constituted to Review Offences and suggested Corporate Governance Reforms.

As per my (CS Gurminder Dhami) of the aforesaid report, I have compiled below the list of key amendments (SECTION WISE) which are to come through the Ordinance:

1. Decriminalization of over 80 offences.
2. Tightening Disclosure of Beneficial Interest.
3. Simplying penalties for minor offences (moving towards adjudication from prosecution). System of e-adjudication wherein ROC shall send online show cause notice, if not replied by company /director physical shall automatically be sent to the company,  submission of reply online and posting of order online by ROC. Appeals to lie with RD.

Section 2(41) – Change in Financial Year to be done by CG (to be delegated to RD).

Section 11 – Re-introducing the Requirements of Obtaining Certificate of Commencement of Business. Non-obtaining of the same to be a ground of Striking Off.

Section 12 – Non Maintenance of Registered Office to be a ground for striking off of the Company.

Section 14 – Conversion of Public Co to Private to be with Central Govt. who can delegate it to ROC/RD & in case of bigger companies to NCLT.

Section 73 to 76 & Deposit Rules – An e-form to be introduced for reporting transactions which are exempted deposits.

Section 77, 78 & 87 – Maximum time period for registration/modification of charges to be 30 days + additional 30 days. Further condonation to be done in 60 days. After total of 120 days Charge Cannot be Registered.

Section 149 – Stricter norms for IDs & capping of their sitting fee & remuneration.

Section 164, 165 & 167 – Breach in Maximum no of Directorships to be a Ground for Disqualification.

Section 248 – Non-obtaining of Certificate of Commencement of Business and Non maintenance of Registered Office to be a Ground for Striking off by ROC.

Section 441 – Compounding
Compounding Threshold for going to NCLT to be revised to 25 lakhs from 5 lakh.
Prior permission of Special Court not required for Compounding of offences punishable with imprisonment or fine or with both by NCLT. Minimum Compounding fee shall be as minimum fine mentioned in the section.

The Minimum Wages notified yesterday is not as per spirit of order. The court has not up-held the notification dated 03.0317 but as an interim arrangement directed Employers to pay wages as per this not fo3 months whereas the Delhi Govt has uploaded wages with 3 DA rise.
We all employers shall make payment of wages strictly as per Notification dated 03.03.17 and not as per notified yesterday. We shall also move an application with SC apprising latest facts. The wages are to be paid for Nov/Dec/Jan 19.

Please follow above directions.
We shall upload 2017 not on the whatsapp

R Arora

Petition(s) for Special Leave to Appeal – order dated 04-08-2018 in WP(C)

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On the current situation on air quality in NCR and actions taken and foreseen

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Good News
The civil writ filed by chamber for Industrial Activities on all floors was heard today in HC No 5.

Order 
Notices accepted by all 3 Corporations. Meanwhile no coercive action like challan etc can be taken by respondents.
A very good order till next DOH. This is another big achievement of the chamber for welfare of industrial units running activity on all floors.

In court No 5 today

No next DOH
The advocates appearing on behalf of 3 corporations have given statement to court that they shall within 6 weeks decide and implement the policy of GAzz Not 01.4.2011 for industrial activities on all floors. Meanwhile no coercive action like challan and sealing etc.

R Arora