COVID-19: Unlock – The Way Ahead – Part II

As per the Order issued by MHA on 30th May 2020, the decision to open Schools, Colleges, Educational/ Training Institutions will be taken in the month of July, 2020, pursuant to the prevailing situation of the Covid-19 pandemic at that point in time. With the Schools, Colleges, Educational/ Training Institutions still shut, the key focus now should be to further strengthen and ramp up the digital resources and encourage investments in technology from rural schools to higher education institutions.

COVID-19: Unlock – The Way Ahead – Part I

As far as possible, the practice of work from home should be followed by various workplaces; Staggering of work/ business hours shall be followed in offices, shops and commercial establishments, etc

Covid-19 Update: Suspension on fresh Initiation of Insolvency Proceedings – IBC Ordinance 2020

While the move taken by the Government may offer relief to stressed companies, certain provisions in the Ordinance can spring unwarranted consequences and open up the possibility of gross misuse of the leeway by wilful defaulters and fraudulent promoters.

COVID-19 Update: Recent case laws and other developments

However, the Advisories/ Orders have given rise to a lot of confusion among the employers with regards to payment of salaries and wages of their employees and workers, pursuant to which various writ petitions have been filed by the employers in the High Courts and Supreme Court. On the other hand, the employees have also sought actions against employers who are taking adverse steps against the Advisories/ Orders issued. Some key developments are captured in this post

COVID-19 Update: Clarification in relation to Payment of Stamp Duty in Maharashtra

Owing to the unavailability of stamps, execution of necessary documents would not be possible which will result in delay/stoppage of financial operations of banks and this will not be in favour of public welfare. In response to queries by banks and financial institutions the authorities had come up with clarifications..

COVID-19 UPDATE: FDI LEGISLATION AMENDED – INVESTMENT FROM CHINA AND OTHER COUNTRIES SHARING BORDERS WITH INDIA JEOPARDISED

While it can be appreciated that this amendment however is a step by the Indian Government to curb opportunistic takeovers/acquisitions of Indian companies, implementation of the same will have to be judiciously done, the notification has created a two faced dilemma.

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