To resolve the uncertainties resulting from the pandemic, India
should consider suitable statutory intervention that can provide
clarity and certainty on how Covid-related effects should be
addressed
Covid-19 has resulted in a spate of uncertainties that both
governments and businesses are little prepared for. The Central and
State governments have so far announced various relief measures
such as financial assistance and subsidies to businesses,
enhancement of timelines for statutory compliances, waiver of
limitation in court proceedings, assurance of payment of salaries
despite being in a state of lockdown, and subsidised food and other
such measures.
Originally published in
The Hindu BusinessLine, April 20, 2020.
