Cabinet approves Ordinance on Triple Talaq, Chit Fund schemes

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New Delhi: The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval to issue Ordinance on Triple Talaq and Chit Fund Scheme and other proposals.

The Cabinet approved the Promulgation of an Ordinance, namely the Muslim Women (Protection of Rights on Marriage) Second Ordinance, 2019, as per Appendix-III (pages(9 to 12) under clause (1) of article 123 of the Constitution.

Move necessary official amendments in the Muslim Women (Protection of Rights on Marriage) Bill, 2018 pending in Rajya Sabha to replace the aforesaid Ordinance with such modifications of drafting and consequential nature as may be considered necessary.

The proposed Ordinance will protect the rights of married Muslim women and prevent divorce by the practice of instantaneous and irrevocable ‘talaq-e-biddat’ by their husbands. It will discourage the practice of triple talaq i.e. talaq-e-biddat. Promulgation of the proposed Ordinance will provide the rights of subsistence allowance, custody of minor children to victims of triple talaq i.e. talaq-e-biddat.

Similarly, the Union Cabinet has approved the Promulgation of Unregulated Deposit Schemes Ordinance, 2019.

The proposed Ordinance will immediately tackle the menace of illicit deposit-taking activities in the country launched by rapacious operators, which at present are exploiting regulatory gaps and lack of strict administrative measures to dupe poor and gullible people of their hard-earned savings, by altogether banning unregulated deposit-taking schemes, and having adequate provisions for punishment and disgorgement / repayment of deposits in cases where such schemes nonetheless manage to raise deposits illegally.

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