Covid – Kurukshetra – Fate of the Industries

The Novel Corona Virus Disease (“COVID-19”) outbreak has taken the world in its clutches. At a time like this the Indian industries are facing an unprecedented situation. The actions and directives of the Government hang the fate of the Indian economy and its businesses on a thin rope. We have analysed the impact of COVID... Continue Reading →

COVID-19 – Advisories issued by Central and State Governments for Employers (PART 2)

Further to our Part 1, this Part seeks to outline the various advisories issued by the Central and State Governments to the Employers in respect of their employees and the operation of their businesses, during the COVID-19 outbreak and the nationwide lockdown that has been in effect from 25th March 2020. Advisories for Employers Date of... Continue Reading →

COVID-19 – Advisories and Relief measures extended by Courts, State Government, MCA, DoT (PART 1)

On 11th March 2020, World Health Organisation, declared Novel Coronavirus Disease (“COVID-19”) outbreak as a pandemic and reiterated the call for countries to take immediate actions and scale up response to treat, detect and reduce its transmission. The Prime Minister's Office, Group of Ministers, Ministry of Health and Family Welfare and Cabinet Secretary are closely... Continue Reading →

Insolvency Update: Relaxation on Default Amount Under Section 4 of IB Code, 2016

The Hon'ble Union Finance Minister, Smt. Nirmala Sitharaman convened a press conference on 24th March 2020 to make announcements on statutory and regulatory compliance matters. The Minster of State for Finance and Corporate Affairs, Shri. Anurag Singh Thakur was also present. Amongst various other announcements made, a specific announcement was also made with respect to the... Continue Reading →

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