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April 2020 In an effort to continue to support corporate India, the Ministry of Corporate Affairs (“MCA”) has issued yet another General Circular 14/2020 on April 8, 2020 (“Circular”) for promoting social distancing while convening of Extra-ordinary General Meetings (“EGMs”). The Companies Act, 2013 (“the...

April 2020 The Central Government on March 26, 2020 announced allocation of INR 17 million as relief under the Pradhan Mantri Garib Kalyan Yojana to prevent employment disruption and support small businesses during COVID-19 times. The relief shall be used towards monthly contribution for eligible...

April 2020 In wake of the COVID-19 pandemic, the Competition Commission of India (“CCI”) has on April 13, 2020, announced further relaxations and clarifications concerning matters involving anti-competitive agreements, abuse of dominance, combination filings and other compliances under the Competition Act. These are in furtherance...

April 2020 Vide its letter dated March 13, 2020, the Department of Telecommunications (“DoT”) had granted temporary exemptions from some conditions for Work From Home (“WFH”) facility under the Other Service Provider (“OSP”) registration. On April 15, 2020, the DoT partially modified its earlier letter...

April 2020 On April 17, 2020 the Ministry of Commerce, acting through the Department for Promotion of Industry and Internal Trade issued a Press Note or PN 3 of 2020 through which it aims to curb “opportunistic takeovers/acquisitions of Indian companies” on account of COVID-19....