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  • April 2021 lockdown guidelines for Karnataka

    April 2021 lockdown guidelines for Karnataka

    Whereas, an order of even number dated 20-04-2021 along with guidelines to contain COVID 19 transmission in the State has been issued under Section 24 of the Disaster Management Act, 2005. Subsequently, certain restrictions and additional measures were incorporated into

    NovoJuris
    By NovoJuris over 2 years ago
  • Execution of contracts during lockdown and work-from-home

    Execution of contracts during lockdown and work-from-home

    Execution of contracts during lockdown and work-from-home For the containment of the pandemic in India, Ministry of Home Affairs had to impose lock-down on a national level. This has severely and adversely impacted the business operations in India. One of

    NovoJuris
    By NovoJuris over 3 years ago
  • COVID-19 Crisis:  Revised FDI norms for neighbouring countries

    COVID-19 Crisis: Revised FDI norms for neighbouring countries

    Like many other countries, India is also trying to curtail opportunistic take-overs due to massive economic slowdown, falling share price/ valuation due to Covid19 pandemic.  The Department for Promotion of Industry and Internal Trade, issued a Press Note on 17

    NovoJuris
    By NovoJuris over 3 years ago
  • Government approval mandatory for FDI from neighbouring countries

    Government approval mandatory for FDI from neighbouring countries

    In the past years, United Kingdom, United States of America, Australia, Canada and other European countries have revised their foreign investment policies to protect their domestic firms from hostile takeovers by foreign investors. Following their footsteps, the Government of India

    NovoJuris
    By NovoJuris over 3 years ago
  • COVID-19 and Employment actions

    COVID-19 and Employment actions

    The Ministry of Labour and Employment, Government of India, on 20 March 2020 has issued an ‘advisory’ to employers of public and private organizations to extend support by not terminating ‘employees’ particularly casual and contract workers, from job or reduce

    NovoJuris
    By NovoJuris over 3 years ago
  • MCA's clarification on COVID-19 related Corporate Social Responsibility (CSR)

    MCA's clarification on COVID-19 related Corporate Social Responsibility (CSR)

    Ministry of Corporate Affairs vide its General Circular No.15/2020 has clarified on the payments which will be admissible as Corporate Social Responsibility ("CSR") during the COVID-19 pandemic. The said circular has brought clarity on the contributions which will be/ will

    NovoJuris
    By NovoJuris over 3 years ago
  • All pending Income Tax refund upto INR 5 Lakh to be released immediately

    All pending Income Tax refund upto INR 5 Lakh to be released immediately

    In order to tackle the financial crisis faced by the individuals and companies during the COVID-19 pandemic and to provide an immediate relief, Ministry of Finance, Government of India ("Ministry of Finance") vide its Press note on 8 April 2020,

    NovoJuris
    By NovoJuris over 3 years ago
  • Supreme Court passes an interim order for free COVID-19 testing

    Supreme Court passes an interim order for free COVID-19 testing

    The Honourable Supreme Court of India ("SC") on 08 April 2020 passed an interim order directing the Central Government to conduct the test relating to COVID-19 at free of cost, irrespective of whether the test is being conducted in the

    NovoJuris
    By NovoJuris over 3 years ago
  • Reserve Bank of India’s initiative to safeguard the Economy

    Reserve Bank of India’s initiative to safeguard the Economy

      COVID-19: Reserve Bank of India’s initiative to safeguard the Economy    Mr. Shaktikanta Das, Governor of Reserve Bank of India (RBI) on 27 March 2020 came up with various initiatives and measures as listed below to address and reduce

    NovoJuris
    By NovoJuris over 3 years ago
  • MCA's Fresh Start Scheme- an opportunity for  defaulting companies

    MCA's Fresh Start Scheme- an opportunity for defaulting companies

    In the wake of COVID - 19, the Ministry of Corporate Affairs has provided a one-time opportunity to companies and LLPs to complete pending compliances, by filing necessary documents in the MCA-21 registry without being subject to additional fees due

    NovoJuris
    By NovoJuris over 3 years ago
  • COVID-19 Circulars/Notifications

    COVID-19 Circulars/Notifications

    The Governments at both central and state level along with the regulatory bodies, are putting their best efforts for containment of COVID-19 and to overcome the challenges faced by  business organizations, employees and various other stakeholders during the lockdown. There

    NovoJuris
    By NovoJuris over 3 years ago
  • COVID-19: Relief measures introduced by Ministry of Finance

    COVID-19: Relief measures introduced by Ministry of Finance

    As you all are aware that COVID-19 pandemic has severally impacted Indian economy, Governments at both Central and State level have been putting their best efforts to ensure stability in the economy. On 24 March 2020, Ms. Nirmala Sitharaman, Minister

    NovoJuris
    By NovoJuris over 3 years ago
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