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April 2020 In the wake of COVID-19, the Ministry of Corporate Affairs (“MCA”) has announced a Companies Fresh Start Scheme, 2020 (“the CFSS Scheme”) through a general circular 12/2020 dated March 30, 2020 and a Limited Liability Partnership Settlement Scheme, 2020 (“the LLP Scheme”) through general circular...

April 2020 This alert lists additional notifications issued by the following courts and tribunals: 1. Supreme Court: On April 06, 2020, SC passed another suo moto order and provided additional guidelines for functioning of courts through video conferencing. It stated (a) All measures that have been...

April 2020 In an effort to continue to support corporate India, the Ministry of Corporate Affairs (“MCA”) has issued yet another General Circular 14/2020 on April 8, 2020 (“Circular”) for promoting social distancing while convening of Extra-ordinary General Meetings (“EGMs”). The Companies Act, 2013 (“the...

April 2020 The Central Government on March 26, 2020 announced allocation of INR 17 million as relief under the Pradhan Mantri Garib Kalyan Yojana to prevent employment disruption and support small businesses during COVID-19 times. The relief shall be used towards monthly contribution for eligible...

April 2020 In wake of the COVID-19 pandemic, the Competition Commission of India (“CCI”) has on April 13, 2020, announced further relaxations and clarifications concerning matters involving anti-competitive agreements, abuse of dominance, combination filings and other compliances under the Competition Act. These are in furtherance...