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On 11 March 2020, in the wake of the alarming levels of its spread and severity around the globe, the Coronavirus Disease (COVID-19) was declared as pandemic by the World Health Organization.

In this update, we have summarised some of the key developmental and regulatory policies announced by RBI on May 22, 2020.

To uplift the economic gloom, the Government has laid out a detailed road map towards building a self-reliant India...

In light of the ongoing COVID-19 pandemic outbreak, the MCA on March 23, 2020 has provided a clarificatory circular with respect to the spending of the funds set aside for CSR activities, for COVID-19.

This update provides a brief overview of the Scheme and attempts to clarify some issues which may arise in the implementation of the Scheme.

COVID – 19 has brought the world to a halt, prompting governments around the world to take strict measures for its containment.

The Government has announced relief for Daily wage workers and construction workers for an amount of Rs.1000 per person for all States and Union Territories.

What does one understand by the word "Competition"? In common man's language competition in the market would refer to rivalry between 2 entities selling similar...

For those accounts which were in the Implementation Period (as on 1 March 2020), RBI has provided an extension of 180 days from the date on which the Implementation Period of 180 days was to expire.

The Prudential Framework provides for recognising incipient stress in loan accounts and a principle-based resolution framework for addressing such defaults in a normal scenario.

The outbreak of COVID-19 has affected not just the health of people but also the health of businesses across the globe.

A bank or financial institution that is lending financial assistance to a borrower faces the risk of being bankrupt on default of repayment by the borrower.

Prime Minister Modi declared a nation-wide lockdown on March 25, 2020.

Keeping up with the needs of the fast-changing business environment, IBC has been amended for the fourth time since 2016...

The outbreak of COVID-19 across the globe has been unprecedented, with major economies announcing bailout packages, regulatory relaxations amidst lockdowns.

Section 107(1) of the CGST Act, 2017 provides that any person aggrieved with the order of the Adjudicating Authority can file an appeal against such order before the Appellate Authority.

The Ministry of Home Affairs vide order no 40-3/2020-D dated 24.03.2020 has included shops, ration shops, which are dealing in food, groceries, fruits and vegetables, and other food products also as essential commodities ...