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 →
Welfare of Terminated Employees – Curse or Boon
Recently, on 7th February, 2020 a bill has been introduced in Rajya Sabha titled - The Terminated Employees (Welfare) Bill, 2020 (“TEW Bill”). Applicability The TEW Bill applies to: EMPLOYEES EMPLOYERS Terminated employees i.e. regular employees as well as temporary or casual workers who have been employed through a contract. Note: The TEW Bill does... Continue Reading →
WOMEN PERMITTED TO WORK AT NIGHT IN FACTORIES (KARNATAKA)
Women, who earlier stayed at home fulfilling domestic duties, are now considered as the backbone of any economy. She is participating in the process of economic development on an equal footing with men, simultaneously managing both home and work. Women have moved away from their traditional roles of homemaker and child rearing to social and... Continue Reading →
CORPORATE SOCIAL RESPONSIBILITY – KEY AMENDMENTS
Since our previous posts on Corporate Social Responsibility (CSR) [which can be accessed here, here and here], there have been numerous changes to the governance of CSR in India. Key Changes in 2019 Exemptions to Start-ups: Complying corporations which are freshly incorporated and have not completed 3 years of establishment, the amount to be spend... Continue Reading →
COMMERCIAL LAW BLOG 