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ARTICLE · 16 APRIL 2020

COVID-19: Latest Relaxations From Legal Provisions

Argus Partners
Argus Partners
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Argus Partners

Argus Partners

Argus Partners is a leading Indian law firm with offices in Mumbai, Delhi, Bengaluru, and Kolkata....

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The Novel Coronavirus (COVID-19) has been declared a pandemic by the World Health Organization and has affected numerous countries, including India.

IndiaCoronavirus (COVID-19)

Introduction

The Novel Coronavirus (COVID-19) has been declared a pandemic by the World Health Organization and has affected numerous countries, including India. In response to the developing COVID-19 situation, the Ministry of Corporate Affairs ("MCA") and other regulatory authorities have granted several relaxations from regulatory compliances for the corporate sector. In our previous updates dated March 20, 2020, March 24, 2020, and April 6, 2020, we had summarised some of the key relaxations and measures which have been introduced by the MCA, Securities and Exchange Board of India ("SEBI"), Reserve Bank of India ("RBI") and other courts/tribunal across the country1. The earlier updates can be found here:

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