Corporate Alert – FAQs on Questions on Companies Fresh Start Scheme -2020

Ministry of Corporate Affairs (“MCA”) vide its circulars dated March 24, 2020 and March 30, 2020 has come out with a “Companies Fresh Start Scheme-2020” giving one time opportunity to the companies to file belated documents without any additional fee.

Further, the scheme also provides for grant of an immunity certificate from any prosecution or penalty. The Scheme is applicable from April 1, 2020 till September 30, 2020.

For ease of understanding the Scheme, we have prepared a set of FAQs. The FAQs are educational in nature and are not intended to serve as legal advice, which would depend on the facts of each case.

A compilation of the FAQs is attached herewith for your ready reference. To read the FAQs, you may click at Download Newsletter. Trust you will find this useful.

For any further queries or follow up please contact:

Mr. Satwinder Singh: [email protected]
Mr. Lokesh Dhyani: [email protected]
Ms. Muskan Agarwal: [email protected]

Corporate Alert – FAQs – Impact of COVID-19 on Contractual Obligations

As you are aware that COVID-19, is a global pandemic. The Government of India, announced a nationwide lockdown with a view to ensure that the spread of this deadly virus is contained through social distancing. The lockdown is proving to be a good move, however, it has had an impact on businesses and the economy.

We have received several queries regarding the impact of COVID-19 on contractual obligations arising out of business dealings, and also about the practical remedies available to businesses.

Our team has therefore, prepared the FAQs dealing with some of the concerns relating to the impact on business. To read all FAQs, click at Download Newsletter.

Hope you find them useful. In case of any query, please reach out to us.

We wish you all the best, stay safe and healthy.

For any further queries or follow up please contact

Mr. Vinay Vaish: [email protected]
Mr. Satwinder Singh: [email protected]
Mr. Gaurav Varma: [email protected]
Mr. Sujoy Datta: [email protected]
Mr. Surekh Kant Baxy: [email protected]

Competition News Alert : A Primer to Green Channel – Automatic approval route for certain combinations

Continuing our advocacy efforts to keep you updated during the ongoing nationwide crisis due to COVID 19 pandemic , we are happy to bring a primer on the “Green Channel” route for automatic approval of certain combinations , recently introduced by the fair trade regulator, the Competition Commission of India (CCI).

Briefly, this primer will provide a ready reference guide to parties to undertake a quick self-assessment of the transactions to see if they are eligible for availing the Green Channel route to CCI.

Hope to see you safe and return to normal schedule of work soon

To read the Competition News Alert in details, please click on Download Newsletter below.

For further details or any query, please contact

Mr. M M Sharma at [email protected]

Labour & Employment Alert – FAQ’s : Impact of Covid-19 on Labour and Workforce

As you are aware that COVID-19, is a global pandemic. The Government of India, announced a nationwide lockdown with a view to ensure that the spread of this deadly virus is contained through social distancing. Though the lockdown is proving to be a good move, however, it has had an impact on businesses and the economy.

We have prepared a list of FAQs dealing with some of the concerns relating to labour/workforce arising out of the ongoing lockdown. To read the FAQs, please click at the Download Newsletter.

We hope you find them useful. In case of any query, please reach out to us.

We wish you all the best stay safe and healthy.

For any further information/clarification, please feel free to write to:

New Delhi:
Mr. Vinay Vaish: [email protected]
Ms. Sulekha Kaul: s[email protected]

Mumbai
Mr. Tushar Shah: t[email protected]