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Corporate and Company Law
In our news alert published last week, we had discussed some much-needed exemptions granted by SEBI to listed companies grappling with the disruption caused by the outbreak of COVID 19.
In view of the prevailing threat due to the Covid-19 outbreak, the MCA has taken the following steps to help corporates adapt to the prevailing restrictions issued by the central and state governments.
Khaitan & Co
The Securities Appellate Tribunal, Mumbai (SAT) passed an order in Ravikiran Realty India Ltd & Ors v SEBI, Misc App. Nos. 90 & 382 of 2019 with Appeal No. 231 of 2018 on 6 March 2020 attaching stridhan of a female director ...
Obhan & Associates
As the global COVID-19 public health emergency continues to spread and create challenges for families and businesses worldwide,
Khaitan & Co
With COVID-19 being declared a pandemic, various companies have found themselves facing challenges in complying with the Companies Act compliances due to disruptions in their operations.
COVID 19 is 2020's juggernaut - a black swan that has disrupted life like we have never known before.
Argus Partners
The Novel Coronavirus (COVID-19) has been declared a pandemic by the World Health Organization and has affected numerous countries, including India.
Khaitan & Co
In a nutshell, the NCLT has held that in the absence of an express provision, the Act and the FEMA Regulations do not envisage (and in fact restrict) demergers of an Indian company into a foreign company.
Lex Favios
SEBI vide circular no. SEBI/HO/DDHS/DDHS/CIR/P/2020/36 Has issued guidelines for Right Issue, Preferential Issue and Institutional Placement of units by a listed InvITS.
SEBI has revised timelines for issuance of observations on a draft offer document to provide more clarity for cases where adverse proceedings...
S&R Associates
In case of acquisitions involving listed companies, parties often choose to complete the transaction ‘on-market', that is, on the floor of the stock exchanges, on account of tax benefits.
Rajani Associates
The summons order was challenged before the Delhi High Court.
HSA Advocates
The above headlines are a stark reminder that the humanitarian challenges brought about by the outbreak of severe acute respiratory syndrome coronavirus 2...
Singh & Associates
Winding up of a company means closing of the company by realising its assets, paying off creditors' dues and distribution of the remaining assets to the Shareholders through a Liquidator as per the procedure.
Khaitan & Co
The ongoing global healthcare pandemic around COVID-19 has created a clear business continuity risk at all levels and across all sectors.
Singh & Associates
This appeal was filed against the order of the NCLT Chennai Bench. In this case the appellants were holding 100% shares in the respondent company.
Dhaval Vussonji & Associates
The Ministry of Corporate Affairs (MCA) vide Notification dated 3rd February, 2020 has notified sub-sections 11 and 12 of Section 230 which allow a takeover offer to be made by way of a compromise...
Shardul Amarchand Mangaldas & Co
In a developing market, where businesses are still closely promoter held and concentrated, related party transactions ("RPT(s)") are inevitable.
Khaitan & Co
The Ministry of Finance, on 12 February 2020 notified the Banning of Unregulated Deposit Schemes Rules 2020 (Rules).
Lex Favios
The Ministry of Corporate Affairs (MCA) has notified the Companies (Appointment and Qualification of Directors) (Amendment) Rules...
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