Special Measures under Companies Act, 2013 and Limited Liability Partnership Act, 2008 proposed by Ministry of Corporate Affairs & SEBI for COVID-19
Published on 26th Mar 2020
Originally published by our relationship firm BTG Legal, the legal adviser to Osborne Clarke’s clients in India, this PDF examines the measures proposed by India's Ministry of Corporate Affairs.
The MCA has provided special measures to support Companies and Limited Liability Partnership Firms (“LLPs”) during the COVID-19 period. These measures as provided below shall reduce the Compliance burden and financial burden on all Companies and LLPs.
The government’s stance on the measures to deal with COVID-19 are evolving everyday as the situation develops very fast. The details set out below are therefore subject to change.