Govt's focus is on climate-smart aquaculture and efficient resource utilisation (See 'Corp Brief') Sonowal Issues Clarification on Forged Letter (See 'Corp Brief') A&C - Arbitral tribunal is legally empowered to terminate proceedings u/s 38(2) of Arbitration Act, if party fails to pay its share of arbitrator's fees: SC (See 'Legal Desk') Science ministries push thematic clustering of Startups at review meeting (See 'Corp Brief') Nearly 100 delegates from over 70 countries to participate at ECI event (See 'Corp Brief') A&C - Bill discounting is short-term, high-risk commercial financing mechanism where elevated interest rates are neither unusual nor inherently unfair: SC (See 'Legal Desk') CEA has successfully conducted 220 elections; 70 elections currently underway (See 'Corp Brief') Service Matter - Government is bound by same limitation laws as any other party; delay caused by bureaucratic procedures cannot be mechanically condoned: HC (See 'Legal Desk') Khattar inaugurates Centre of Excellence for power sector regulatory affairs at Delhi IIT (See 'Corp Brief') Misc - Civil suit seeking cancellation of a registered sale deed is barred u/s 34 of SARFAESI Act when SARFAESI measures have been initiated: HC (See 'Legal Desk') Port, Inland Waterways Projects Worth Rs 552 Crore launched to boost Riverine Logistics (See 'Corp Brief') Manjhi inaugurates PM Vishwakarma Haat 2026 in New Delhi (See 'Corp Brief') PMLA - If property is attached for value thereof to proceeds of crime, it happens when proceeds of crime acquired or obtained directly or indirectly is not available in hands of person: SAFEMA (See 'Legal Desk') AIIA celebrates National Startup Day 2026 (See 'Corp Brief') SEBI - Proposed Acquirer shall be exempted from complying with requirements of sub-regulation (1) of regulation 3 and regulation 4 of SAST Regulations, 2011 with respect to direct acquisition in Target Company: SEBI (See 'Legal Desk') CCPA takes action against unauthorized sale of Walkie-Talkies on E-Com Platforms (See 'Corp Brief') IBC - Status of financial creditor is granted to individual allottees u/s 5(8)(f) of IBC, but this status does not extend to society they are members of, as society is distinct juristic entity: SC (See 'Legal Desk') IICA launches registration for Post Graduate Insolvency Programme (See 'Corp Brief') IBC - 'Pre-existing dispute' capable of barring initiation of CIRP u/s 9 IBC must be genuine and supported by substantive evidence, and not moonshine defence raised merely to obstruct CIRP: SC (See 'Legal Desk') 'Jo Vaada Kiya, Wo Nibhana Padega' - Promissory Estoppel Reaffirmed: Supreme Court Reiterates the Rules of State Accountability (See CORP EINSICHT)

Print

IWAI organizes a workshop on Inland Vessels Act, Rules and Central Database

Published: Dec 06, 2024

By TIOLCorplaws News Service

NEW DELHI, DEC 06, 2024: IN order to improve the understanding of Inland Vessels (IV) Act, 2021 and Rules, Inland Waterways Authority of India (IWAI) under Ministry of Ports, Shipping and Waterways organized a workshop today at New Delhi based India Habitat Centre.

While inaugurating the workshop, Chairman, IWAI, Vijay Kumar, underlined that the workshop aims to bring clarity on various provisions of the Act and Rules and apprise participating representatives of States, Union Territories, Maritime Boards and other stakeholders of the new concept of central database/ e-portal of inland vessels.

The original Act of 1917 was over a hundred years old and required a comprehensive review to meet the current and future aspirations of the industry and other stakeholders. The amended IV Act, 2021 ensures uniformity of rules for inland vessels throughout the country and extends to all inland waters of India including national waterways.

It envisages a Central Database/E-portal for registration of vessels and maintaining crew database and is in sync with the Digital India campaign. It will help in improving processes, transparency and facilitate data access.

The Act comprehensively addresses aspects related to inland vessels including their survey, registration, classification, pollution prevention measures, wreck and salvage procedures, insurance policies and related aspects. It covers the future developments and advancements in vessel construction and usage. It also takes in its fold the technologically advanced vessels of the future which are identified as Special Category Vessels.

Under the IV Act, 2021 - the certificate of survey and certificate of registration are considered valid throughout the country. Separate endorsements from the states are no longer needed. Provisions like these make it user-friendly and will promote Ease of Doing Business.

The Act establishes a centralized framework to replace state-specific rules. The role of central government extends to prescribing standards for classification and categorization of mechanically propelled vessels, standards and processes involved in registration of vessel, standards for identification and categorization of special category vessels. The role of states extends to implementation of provisions in compliance with prescribed standards of state governments. Besides it also emphasizes on pollution prevention measures including waste management and eco-friendly vessel operations.

Under the visionary leadership of Hon'ble Prime Minister Narendra Modi and the able guidance of Hon'ble Minister, Ports, Shipping and Waterways Sarbananda Sonowal – IWAI  is committed towards realizing the vision of PM Gati Shakti. Streamlining the processes of registration and certification of inland vessels and creating central database on inland vessels are forward looking steps that will go a long way in fulfilling the Authority's mandate of developing national waterways. 

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.