Mail Us
info@zeusip.com
Call Now
Mail Us
Call Now
Particulars
08/04/2020
General Circular No. 14/2020 passed by the Ministry of Corporate Affairs, Government of India clarifying the passing of ordinary and special resolutions by companies under the Companies Act, 2013 on account of threat posed by Covid-19. The MCA also requested companies to use postal ballots/ e-voting to take all urgent decisions. Through the same circular, MCA has also issued guidelines to be followed during such meetings. The Circular can be accessed on: http://www.mca.gov.in/Ministry/pdf/Circular14_08042020.pdf
08/04/2020
The Ministry of Finance, Government of India released a press note providing immediate relief to the business entities and individuals by issuing all the pending income-tax refunds up to Rs. 5 lakh immediately. It also informed that all pending GST and Custom refunds would be issued. The Press Note can be accessed at: https://pib.gov.in/newsite/PrintRelease.aspx?relid=201097
02/04/2020
The Home Secretary, Government of India issued D.O. letter No. 40-3/2020-DM-1 clarifying the services which are covered under the category of exemptions. The notification can be accessed at- MHA guidelines.pdf
02/04/2020
3rd Addendum to guidelines by Ministry of Home Affairs Orders No. 40-3/2020-DM-I(A) dated 24th March, 25th March and 27 March, 2020, wherein two changes were made to the original order and Transit arrangements for foreign national(s) in India was added to sub-clause (g) in exception to Clause 6 and addition of a clause regarding release of quarantined persons to clause 12. The notification can be accessed at- MHALockdownmeasures.pdf
29/03/2020
The Union Ministry of Labour and Employment issued notification GSR 225 (E) amending EPF Scheme to allow withdrawal of non-refundable advance by EPF members/ subscribers. The notification permits withdrawal of upto the amount of basic wages and dearness allowance for three months or upto 75% of the amount standing to member's credit in the EPF account, whichever is less, in the event of outbreak of epidemic or pandemic. The notification can be accessed at - https://pib.gov.in/PressReleseDetail.aspx?PRID=1608961
29/03/2020
The Ministry of Home Affairs, Government of India also issued a slew of directions to manage the movement of migrant workers. The order said all the employers of migrant workers shall make payment of wages on the due date without any deduction during the lockdown. The department also said that landlords would also not demand rent for period of one month from workers, including migrant workers. The order also stated that if any employer or landlord was found in violation of these directions, action shall be taken against them under the Disaster Management Act, 2005. The document can be accessed on the following link- https://mha.gov.in/sites/default/files/PR_3rdAddendumtoLockdown_29032020.pdf
29/03/2020
The Home Secretary, Government of India issued D.O. letter No. 40-3/2020-DM-1(A) clarifying the consolidated guidelines issued on 24th March, 2020. The document can be accessed on the following link- https://mha.gov.in/sites/default/files/PR_3rdAddendumtoLockdown_29032020.pdf
25/03/2020
The Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman today announced Rs 1.70 Lakh Crore relief package under Pradhan Mantri Garib Kalyan Yojana. The relief package includes insurance cover for healthcare workers, increase in MNREGA wages, ex-gratia to poor senior citizen, widows and disabled. The document can be accessed at - https://pib.gov.in/PressReleseDetail.aspx?PRID=1608345
24/03/2020
The National Disaster Management Authority issued order dated 24th March, 2020 directing the implementation of social distancing measures. The measures shall be in force for a period of twenty days from 25th March, 2020. The order can be accessed at- https://mha.gov.in/sites/default/files/ndma%20order%20copy.pdf
24/03/2020
The Ministry of Home Affairs, Government of India passed order No. 40-3/2020-DM-I(A) dated 24th March, 2020 issuing directions wherein offices except those engaged in providing essential commodities and services were shut down. The order can be accessed at - https://mha.gov.in/sites/default/files/MHAorder%20copy.pdf and https://mha.gov.in/sites/default/files/PR_Consolidated%20Guideline%20of%20MHA_28032020%20%281%29_0.PDF
24/03/2020
SEBI (Securities and Exchange Board of India) issued a notification stating that capital and debt market service shall remain open during the lockdown. This is in furtherance to several relaxations already offered by SEBI. The notification can be accessed at - https://www.sebi.gov.in/legal/circulars/mar-2020/sebi-notification-covid-19_46425.html https://www.sebi.gov.in/legal/circulars/mar-2020/relaxation-from-compliance-with-certain-provisions-of-the-sebi-listing-obligations-and-disclosure-requirements-regulations-2015-due-to-the-covid-19-virus-pandemic_46360.html https://www.sebi.gov.in/legal/circulars/mar-2020/relaxation-from-compliance-with-certain-provisions-of-the-sebi-listing-obligations-and-disclosure-requirements-regulations-2015-and-certain-sebi-circulars-due-to-the-covid-19-virus-pandemic-cont-_46395.html
23/03/2020
The Ministry of Corporate Affairs, Government of India issued General Circular No. 10/2020 clarifying the expenditure of CSR funds for Covid-19. The circular clarified that funds spent on promotion of health care, including preventive health care and sanitation and disaster management shall be eligible to be considered CSR activity. The document can be accessed at - http://www.mca.gov.in/Ministry/pdf/Covid_23032020.pdf
20/03/2020
The Ministry of Labour & Employment issued Notification No. 14(112)/2013/Coord-IT Cell wherein the last date for filing of Unified Annual Return under 8 Labour Laws for the year 2019 was extended upto 30th April, 2020. The document can be accessed at - https://clc.gov.in/clc/sites/default/files/mygov_15846889651.pdf
20/03/2020
The Ministry of Labour & Employment Government of India also issued an order directing employers of private/ public establishments to not terminate the employees, particularly the casual and contractual workers or reduce their wages. If any employee takes leave, he shall be deemed to be on duty. Further, if the place is employment is made non-operational due to Covid-19, the employees of such unit will be deemed to be on duty. The document can be accessed at - https://labour.gov.in/sites/default/files/Central_Government_Update.pdf
19/03/2020
Government of NCT of Delhi issues advisory directing all private sector offices to allow their officers/ employees to work from till 31st March, 2020 and also urged members of the public to stay indoors. The document can be accessed at - http://health.delhigovt.nic.in/wps/wcm/connect/97c8be004d9d5511ba1cff982ee7a5c7/advisory20.pdf?MOD=AJPERES&lmod=-160863242&CACHEID=97c8be004d9d5511ba1cff982ee7a5c7
19/03/2020
The Ministry of Home Affairs, Government of India passed guidelines on the disinfection of common public places including offices. The guidelines mention the manner of disinfection as well as the frequency of such cleaning. The document can be accessed at - https://www.mohfw.gov.in/pdf/Guidelinesondisinfectionofcommonpublicplacesincludingoffices.pdf
19/03/2020
The Ministry of Corporate Affairs, Government of India issued advisory on preventive measures to contain the spread if Covid-19. The directions issued in this notification included dispensing with necessity of holding physical meetings as well as advising Companies/ LLP's to implement "work from Home" policy to maximum extent possible including conducting of meetings through video or telephonic conference. The Ministry also advised that companies involved in providing essential goods and services should also adopt staggered timings to minimize physical interaction of employees in addition to following all preventive measures. The Ministry also introduced a web form named CAR (Company Affirmation of Readiness towards Covid-19) and requested all companies/ LLPs to report compliance of the web form. The web form is accessible on the link-http://www.mca.gov.in/Ministry/pdf/Car_22032020.pdf
16/03/2020
Notification by Employees' State Insurance Corporation relaxing the provision pertaining to the contribution payable for the month of February & March, 2020 only. The document can be accessed at - https://www.esic.nic.in/attachments/circularfile/6eba125d86727a7a7dd5fb2dc1c5b6e5.pdf
16/03/2020
The Ministry of Communications, Government of India issued Circular No. 18-5/2015-CS-I relaxing the terms and conditions for Other Service Provider (OSP) in the wake of Coronavirus. The Department has granted several relaxations upto 30.04.2020 in the terms and conditions for OSPs in respect of Work from Home. The document can be accessed at - https://dot.gov.in/sites/default/files/Relaxation%20inT%26C%20of%20OSP%2013.3.20.PDF?download=1
Disclaimer
The materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. You should contact your attorney to obtain advice with respect to any particular issue or problem. Use of and access to this Web site or any of the e-mail links contained within the site do not create an attorney-client relationship between ZeusIP and the user or browser. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney.