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In the earlier post Part I, we delved into some of the recommendations made by the Committee of Experts on Non-Personal Data (NPD Committee)[1] in its report of July 12, 2020 (Report)[2]. We discussed the genesis, Committee’s rationale for regulation of non-personal data (NPD), its scope, the distinction between...
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In September 2019, the Government constituted the Committee of Experts to study various issues relating to Non-Personal Data (NPD), and make recommendations for its regulation (NPD Committee)[1]. NPD Committee released its report on July 12, 2020 (Report)[2] which is open for public consultation till August 13,...
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August 2020 With respect to the Annual General Meetings (“AGMs”), the Ministry of Corporate Affairs (“MCA”) came up with a general circular 18/2020 providing the companies, whose Financial Year (“FY”) ended on December 31, 2019, an extension of 3 months to convene an AGM. Subsequently,...
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June 2020 On June 5, 2020, the Ministry of Corporate Affairs (“MCA”) amended the Companies (Share Capital and Debentures) Rules, 2014 (“SCD Rules”) and issued the Companies (Share Capital and Debentures) Amendment Rules, 2020 (“Revised SCD Rules”). This alert apprises you with the amendment pertaining to issue of...
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May 2020 The Companies Act, 2013 (“the Act”) does not contain any provision with respect to convening general meetings through electronic mode. Earlier, by general circular 14/2020 and 17/2020, the Ministry of Corporate Affairs (“MCA”) allowed EGMs through video conferencing (“VC”) or any other audio-visual...
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