As part of efforts to deepen cooperation in civilian space, Indian and Australian space agencies are cooperating to temporarily locate Indian monitoring facilities in Australia. This will support India`s Gaganyaan human space program. Highlights: ♦ Indian Prime Minister Narendra Modi (Narendra Modi) announced in 2018 the Gaganyaan (Gaganyaan) plan, India`s first human space program (HSP), which costs $10,000 and is expected to be finalized by India in 2022, on the occasion of 75 years of independence. ♦ It is designed to allow 3-7 crew members to remain in space for 3 to 7 days in a 400-kilometre orbit (low Earth orbit or LEO). ♦In this way, India could become the fourth country to ship personnel into space after the Soviet Union, the United States and China. (Denmark also plans to conduct a manned space flight in 2022) ♦ The first of two previous flights of the humanoid robot in Gagagna will be launched shortly with some of the six pre-selected microgravity experiments. ♦ GSLV Mk III is a three-tiered HGV vehicle that is used for the launch of Gaganyaan because it has the required payload capacity. ♦ Four Pilots of the Indian Air Force (IAF) have been nominated for the Gaganyaan Astronaut Training. ♦ The selected astronauts began a 12-month training course at the Gagarin Research and Test Astronaut Centre (GCTC) in Moscow.
♦ ISRO has launched the first female « woman » astronaut « Vyomamitra ». It`s a half-man animal. ♦ Vyommitra will fly into space during the first test flight of the Human Space Mission Gaganyaan. This humanoid will simulate the human functions needed in space before the real astronauts take off before August 2022. India and Australia: In 2012, the two countries signed a formal Memorandum of Understanding for space cooperation between India and Australia. The two countries have been cooperating since 1987 to support data calibration and Indian laser satellites, launch Australian satellites and conduct joint research. At the June virtual summit, the two countries strengthened bilateral relations into a « comprehensive strategic partnership » and concluded practical agreements on cybersecurity, emerging technologies and key minerals. The Indian Bankruptcy and Bankruptcy Commission (IBBI) has amended the liquidation rules under the Bankruptcy and Bankruptcy Act (IBC). Highlights: ♦ The liquidator of the company can allocate or transfer assets that are not easily feasible to anyone, to ensure that the entity cannot quickly find the supplier under IBC. ♦ The transfer or transfer of the aforementioned assets must be negotiated with the stakeholder committee. ♦ The definition of « non-liquidating assets » includes all assets of the company`s debtors that cannot be sold through available options. ♦ The liquidator may sell one or all of the assets of the company in liquidation and these assets are involved in certain disputes or are involved in certain fraudulent transactions.
IBBI: The IBBI was founded in 2016 under IBC. She is responsible for the implementation of IBC. She oversees bankruptcy professionals and professional institutions, professional bankruptcy companies and information providers. It prepares and implements rules for the settlement of bankruptcies and bankruptcy procedures for companies and individuals, in accordance with the code. India aspires to its own development and production autonomy. While India has at least five pharmaceutical companies involved in vaccine development, the Pune Serological Institute has been selected as the mass manufacturer of the covishield vaccine developed by Astra Seneca at Oxford University. The government has activated a powerful ecosystem of Covid 19 vaccine production and delivery to meet demand.