The Government has been issuing numerous advisories, notifications and relaxations to enable companies to face the hardships caused by the spread of COVID-19 and equip them to better handle the situation. The Courts have also been very proactive in granting various reliefs. In this section, we give you ready access to some of the key Government notifications, advisories, court orders and notices released this week.

SEBI extends relaxations relating to procedural matters (issues and listing)

On 6 May 2020, SEBI had granted one time relaxations from strict enforcement of certain regulations of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, pertaining to Rights Issue opening up to 31 July 2020. SEBI has now further extended the relaxations as provided by Circular of 6 May 2020 for Rights Issues opening up to 31 December 2020.

Please click here for the circular dated 24 July 2020.

Please click here for the circular dated 6 May 2020.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.