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Archive: 05 May 2020

Posts in 05 May 2020

Right Issue (Section 62) under Companies Act, 2013

May 5, 2020 11217 Views 1 comment Print

Issue of Share on Rights basis is covered under Section 62 of the Companies Act, 2013 and Companies (Prospectus and Allotment of Securities) Rules, 2014. -The Right Issue of Shares is a formal invitation to the existing shareholders of the Company to buy additional new shares; such shares are issued in proportion to existing shareholding. -One pre-emptive […]

Corona: Impact

May 5, 2020 1008 Views 0 comment Print

Hit by the dreaded virus- CORONA or COVID 19, as it is called, the world (180 + countries) is under the pandemic and struggling to fight and overcome the virus. All affected nations are on their toes to combat the disease by all means in a war against Corona. This virus, as we all know […]

Areas of focus and auditor reporting issues related covid 19

May 5, 2020 2721 Views 5 comments Print

COVID-19 issues will depend on each audit’s facts and circumstances. However, every auditor shall have to be proactive for these wholly unprecedented challenges in number of areas while carrying out their respective audits.

Covid19 Impact on Crude Oil, Inflation & Dollar Rate on Indian Economy

May 5, 2020 2589 Views 4 comments Print

Introduction In this article I have tried to explain the impact of Covid-19 on Crude Oil, Inflation and Dollar Rate on Indian Economy in layman language and the correlation between them. History about Indian Rupees Indian Currency was never measured against dollar at the time of Independence. It was measured against Pound and only after […]

HR Advisory for employees resuming operations Post Covid-19

May 5, 2020 2085 Views 0 comment Print

HR Department of Company may consider to issue necessary Temporary Advisory/Directions for its Employees while resuming their operations Post Covid-19 As the Ministry of Home Affairs, in pursuance of its order No. 40-3/2020-DM-I (A) dated 1st May, 2020, has issued new guidelines, effective from 04.05.2020, allowing, subject to the conditions, various activities. In order to […]

Domestic Violence Tested Positive (+): Covid-19 & Fate of Domestic Violence Act, 2005-A Legal Perspective

May 5, 2020 1686 Views 0 comment Print

We all know that this lockdown has been hard on all of us, but it has been the hardest for women who are the primary victims of domestic violence. Aggrieved women are currently trapped with their abusers and their violent partners, with no escape. Violence against women has seen an exponential surge across the world during the lockdown.

COVID Economic Impact– Is selective lockdown is viable option?

May 5, 2020 678 Views 0 comment Print

Given that at the time of writing this, no cure has been developed for COVID-19 and a suitable vaccine still in development, this note analyses whether lockdown of business (Complete or Partial) might have been the best way to handle the crisis. While we are always wise in hindsight, given that we are still living through the pain inflicted by COVID, the key points, this note is deliberating are still relevant.

FAQs on MSMED Act, 2006

May 5, 2020 15933 Views 4 comments Print

Background: Micro, Small and Medium Enterprises (MSME) Sector is a dynamic and vibrant sector of the Indian Economy. It plays a major role in the economic development of our nation and has emerged as a progressive industrial area providing indefinite opportunities in employment, industrialisation and creation of new businesses. The MSMED Act, 2006 was enforced […]

Protective Laws @ Purchasing Immoveable Assets

May 5, 2020 777 Views 0 comment Print

Purchasing Home and especially in a Complex is nothing short of a nightmare and there are hardly any Developers or I can say there are no Developers who have given 100 percent correct details about the proposed home and their Brochure is just an advertising kit to advertise but it just remains in the Brochure. […]

Sneak peek into India’s latest FDI policy-COVID-19 highlights grey areas!

May 5, 2020 1059 Views 0 comment Print

Sneak peek into india’s latest fdi policy Unanticipated outbreak of the global pandemic and nationwide- lockdown caused by the Novel Coronavirus (COVID-19) has jeopardized individuals and economy as a whole. In order to abate the impact on the general public, business establishments, and managing the current situations, the Government of India is diligently tracking all possible routes through which situation can […]

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