Coal India Celebrates 50 Glorious Years of Nation Building (See 'Corp Brief') Scindia lays bricks for Integrated Sohra Tourism Circuit (See 'Corp Brief') Naidu inaugurates creche facility at Udaan Bhawan (See 'Corp Brief') IPR - Mere expiry of trademark registration does not, by itself, justify removal from Register, and such removal must be preceded by strict compliance with mandatory requirement of issuing a Form O-3 notice: HC (See 'Legal Desk') GeM organises Session on 'Compliance with Law in Public Procurement' (See 'Corp Brief') MoSPI signs MoU with IICA to develop SDG Alignment Framework (See 'Corp Brief') India's emphasis on overflight in Indo-Pacific is not against any country: RM (See 'Corp Brief') FEMA - Inward remittances labelled 'grants' may be treated as capital account transactions if there are contingent liabilities or obligations that convert them into capital in substance: SAFEMA (See 'Legal Desk') Marine Fisheries Census 2025 goes fully Digital (See 'Corp Brief') IBC - CRPS holders even at stage when redemption period has expired, remain shareholders and do not become creditors and do not fulfil definition of financial creditor u/s 5(7): SC (See 'Legal Desk') India, Netherlands hold 8th Joint Working Group Meeting on Agriculture (See 'Corp Brief') IBC - Moon-shine defense taken to thwart recovery proceedings initiated by Financial Creditor under SARFAESI, can defeat recovery process initiated by Financial Creditor: NCLT (See 'Legal Desk') EPFO hosts Gurcharan Das in 22nd Edition of 'Reimagining Governance' (See 'Corp Brief') NI Act - Statutory demand under Proviso (b) to Sec 138 does not survive if figure claimed is numerically different from dishonoured cheque, even if discrepancy is pleaded to be inadvertent: SC (See 'Legal Desk') BSNL Achieves 93% Revenue Run Rate in Q2 (See 'Corp Brief') A&C - If notice of arbitration was delayed and barred by limitation and arbitration request itself was made two years after initial notice, appointment of arbitrator in partnership dispute can't be done: SC (See 'Legal Desk') Chouhan inaugurates National FPO Conclave 2025 in Delhi (See 'Corp Brief') Competition Law - Google abused its dominant position in Online Search Advertising services market in India by imposing unfair and discriminatory terms through its Google Ads Policies in violation of Sec 4 of Competition Act: CCI (See 'Legal Desk') Government intervention and Corporate governance (See CORP EINSICHT)

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