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Khaitan & Co
Prospective Issuers of NCRPS: With the objective of enabling prospective issuers of listed NCRPS, the SEBI Circular has relaxed the timeline for disclosure of audited financials in an offer document.
SKP Business Consulting LLP
The outbreak of COVID-19 across the globe has been unprecedented, with major economies announcing bailout packages, regulatory relaxations amidst lockdowns.
Singhania & Partners LLP, Solicitors and Advocates
In light of the unprecedented times faced by the companies in India, the Ministry of Corporate Affairs (MCA) vide notification dated 19th March, 2020 has relaxed certain provisions ...
Singhania & Partners LLP, Solicitors and Advocates
Special Measures Taken By The Ministry Of Corporate Affairs To Reduce Compliance Burden In View Of COVID-19 Outbreak.
Khaitan & Co
In view of the travel restrictions notified by the Government of India due to COVID – 19 outbreaks, many shareholders and directors of Indian companies are increasingly concerned about statutory compliances.
IndusLaw
In our news alert published last week, we had discussed some much-needed exemptions granted by SEBI to listed companies grappling with the disruption caused by the outbreak of COVID 19.
IndusLaw
In view of the prevailing threat due to the Covid-19 outbreak, the MCA has taken the following steps to help corporates adapt to the prevailing restrictions issued by the central and state governments.
Khaitan & Co
The Securities Appellate Tribunal, Mumbai (SAT) passed an order in Ravikiran Realty India Ltd & Ors v SEBI, Misc App. Nos. 90 & 382 of 2019 with Appeal No. 231 of 2018 on 6 March 2020 attaching stridhan of a female director ...
Obhan & Associates
As the global COVID-19 public health emergency continues to spread and create challenges for families and businesses worldwide,
Khaitan & Co
With COVID-19 being declared a pandemic, various companies have found themselves facing challenges in complying with the Companies Act compliances due to disruptions in their operations.
IndusLaw
COVID 19 is 2020's juggernaut - a black swan that has disrupted life like we have never known before.
Argus Partners
The Novel Coronavirus (COVID-19) has been declared a pandemic by the World Health Organization and has affected numerous countries, including India.
Khaitan & Co
In a nutshell, the NCLT has held that in the absence of an express provision, the Act and the FEMA Regulations do not envisage (and in fact restrict) demergers of an Indian company into a foreign company.
Lex Favios
SEBI vide circular no. SEBI/HO/DDHS/DDHS/CIR/P/2020/36 Has issued guidelines for Right Issue, Preferential Issue and Institutional Placement of units by a listed InvITS.
Singh & Associates
The Hon'ble National Company Law Appellate Tribunal in Flat Buyers Association Winter Hills-77, Gurgaon vs Umang Realtech Private Limited through IRP & Ors [CA(AT)(Insolvency) No. 926 of 2019] introduced the concept of ...
Trilegal
SEBI has revised timelines for issuance of observations on a draft offer document to provide more clarity for cases where adverse proceedings...
S&R Associates
In case of acquisitions involving listed companies, parties often choose to complete the transaction ‘on-market', that is, on the floor of the stock exchanges, on account of tax benefits.
Singh & Associates
I &B Code 2016 allows a creditor of a Company under Section 7 and 9 of IBC and the Company itself under Section 10 of IBC to file an application before the NCLT to initiate CIRP against the Corporate Debtor in case of default, ...
Trilegal
The Indian Central and State governments are on high alert to contain the spread of COVID-19 cases in the country.
Singh & Associates
In the Union Budget 2020-21, amendment has been proposed to be made in Section 140 and Section 288 of Income Tax Act, 1961 in order to give power to the Interim Resolution Professional/Resolution Professional ...
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