Corporate

The COVID-19 pandemic halted the resolution process for small businesses classified under the MSME sector due to the suspension of the Insolvency and Bankruptcy Code (“IBC”) in March 2020. The Government of India has amended the IBC to introduce Pre-Packaged Insolvency Resolution Process1 (“PP...

The Companies (Amendment) Act, 2020 received assent from the President on September 28, 2020 and the proposed amendments mainly consist of provisions for decriminalisation of offences under the Companies Act, 2013. Certain provisions of the Companies (Amendment) Act, 2020 have come into force with e...

In an attempt to provide relaxation to the various stakeholders in view of the COVID-19 outbreak and to promote ease of doing business, the Ministry of Corporate Affairs (MCA) has granted an extension of 3 (three) months to companies for holding their annual general meetings (AGM) for the financial ...