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Parliament winter session: Lok Sabha passes 3 Bills, including Aadhaar

The other two Bills included The Companies (Amendments) Bill, 2018 and The New Delhi International Arbitration Centre Bill, 2018

IANS  |  New Delhi 

gavel, judge, court

The Lok Sabha on Friday passed three Bills, including The and Other Laws (Amendment) Bill, 2018, to provide legal backing to voluntary seeding of biometric ID with mobile numbers and after the barred mandatory use of the 12-digit unique identifier by private firms.

The other two Bills included The Companies (Amendments) Bill, 2018 and The New Delhi International Arbitration Centre Bill, 2018.

The Companies (Amendments) Bill, 2018 was introduced by of State for Law and Justice while the other two Bills were introduced by Union Law

The and Other Laws (Amendment) Bill, 2018 was earlier introduced by Prasad on Wednesday.

The Bill amends the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016, the Indian Telegraph Act, 1885, and the Prevention of Money Laundering Act, 2002.

The Aadhaar Act provides targeted delivery of subsidies and benefits to individuals residing in by assigning them unique identity numbers, called Aadhaar numbers.

Soon after the was moved for consideration, Biju Janata Dal's Tathagata Satpathy opposed the Bill and walked out of the House after speaking against it for over 15 minutes.

The Companies (Amendment) Bill, 2018, which was introduced in the Lok Sabha by on December 20, replaces an ordinance promulgated on November 2, 2018.

The Bill amends several provisions in the Companies Act, 2013 relating to penalties, among others.

While introducing The New Delhi International Arbitration Centre Bill, 2018, Prasad said it will establish an autonomous and independent institution for better management of arbitration in

"The Bill seeks to provide for the establishment of the NDIAC to conduct arbitration, mediation, and conciliation proceedings. The Bill declares the NDIAC as an institution of importance," the Minister said.

 

First Published: Fri, January 04 2019. 22:18 IST
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