This newsletter deals with the clarification on convening Extra – ordinary general meeting through video conference facility. The Ministry of Corporate Affairs had issued a general circular No. 14/2020 dated 8th April 2020 and a clarification circular No. 17/2020 dated 13th April 2020. Both of these notifications have been dealt with in this newsletter.
Through this report, We decode the queries that have surfaced, appurtenant to the multitudinous notifications, that attorneys across our diverse practice domains have responded to.
Through this report, We decode the queries that have surfaced, appurtenant to the multitudinous notifications, that attorneys across our diverse practice domains have responded to.
Every contract needs an inter se renegotiation and if parties failed in that, a legal contest is inevitable. If this issue is left unattended, the entire business cycle will be broken, and economic recovery will be delayed considerably.
Through this report, We decode the queries that have surfaced, appurtenant to the multitudinous notifications, that attorneys across our diverse practice domains have responded to.
Through this report, We decode the queries that have surfaced, appurtenant to the multitudinous notifications, that attorneys across our diverse practice domains have responded to.
Following the announcement of the Pandemic, he Ministry of Corporate Affairs [“MCA”] introduced certain relaxations vide amendments to some of the provisions of the Companies Act, 2013 including convening Board meeting through video conference and spending CSR funds towards COVID-19. The Securities and Exchange Board of India [“SEBI”] has also introduced certain amendments. Further, a press conference was held on 24th March 2020 by the Union Finance Minister, Ms. Nirmala Sitharaman wherein she has announced a slew of measures to provide relief amid the coronavirus outbreak. This newsletter brings highlights of all the amendments and announcements.
The report captures the key tax-related announcements made by the finance minister on account of the covid 19 pandemic. Various deadlines are extended, and other reliefs have been provided to entities and individuals.
This newsletter discusses the ordinance dated September 20, 2019, which provided an option to domestic companies to pay income tax without any exemption/incentive at a reduced effective rate of 25.17% for existing and 17.16 % for new manufacturing companies. The newsletter provides further details of the new corporate tax scheme.
The Newsletter provides the important circulars issued by the Securities & Exchange Board of India (SEBI),
as well as amendments and guidelines with respect to the investments in the month of August. It also captures important orders issued by the National Company Law Tribunal and Appellate Tribunal.
