Current Affairs National

President Ram Nath Kovind Promulgates 4 Ordinances

Category : National

 President Ram Nath Kovind promulgated four Ordinances. These are the Muslim Women (Protection of Rights on Marriage) Second Ordinance, the Indian Medical Council (Amendment) Second Ordinance, the Companies (Amendment) Second Ordinance and the Banning of Unregulated Deposit Schemes Ordinance, 2019.
  1. The Muslim Women (Protection of Rights on Marriage) Second Ordinance has been promulgated to give continued effect to the provisions brought in by the earlier ordinance. This Ordinance declares the practice of instant triple talaq to be void and illegal and also to make it an offence punishable with imprisonment up to three years and fine.
  2. The Indian Medical Council (Amendment) Second Ordinance has been promulgated to give continued effect to the work already done by the Board of Governors as per the provisions of earlier Ordinance.
  3. The Companies (Amendment) Second Ordinance, has been promulgated with a view, to empower the Central Government to allow certain companies to have a different financial year instead of as determined by the Tribunal.
  4. The Banning of Unregulated Deposit Schemes Ordinance has been promulgated to have central legislation to tackle the menace of illicit deposits taking activities in the country.

Source- Press Information Bureau (PIB)


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