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Updates For the Day: April 27, 2020

Government of Punjab increases the working hours in factories

The Department of labour, Punjab vide its notification dated 20th April 2020 has relaxed certain...

CBIC extends the relaxation to submit bond to accept undertaking

Government of India enacts The Epidemic Diseases (Amendment) Ordinance, 2020 due to COVID 19

The Ordinance states that any person who harms any healthcare service personnel/property while on duty...

Ministry of Home Affairs permits shops selling non-essential goods to open during lockdown

The Ministry of Home Affairs in its order dated 24th April 2020 has revised the...

Period of lockdown has been excluded from liquidation time frame

Insolvency and Bankruptcy Board of India (Liquidation Process) (Second Amendment) Regulations, 2020, state that the...

Lockdown period excluded from timeline for corporate insolvency resolution process

IBBI has inserted regulation 40C in nsolvency and Bankruptcy Board of India (Insolvency Resolution Process...

MCA has extended the time period for Reservation / Re-submission of names for Companies & LLPs

The Ministry of Corporate Affairs on 23rd April 2020, has relaxed the rules for Re-Submission...

CBIC defers implementation of electronic sealing to 1st July 2020

Central Board of Indirect Taxes & Customs in its Circular dated 21st April 2020 has...

SEBI extends the regulatory compliance timeline for depository and depository participants

The Securities and Exchange Board of India vide its circular dated 24th April 2020 has...

SEBI issues clarification on Know Your Client (KYC) Process and Use of Technology for KYC

The Securities and Exchange Board of India has issued circular dated 24th April 2020 to...