Virtual Conference on Impact of RBI’s Moratorium on PTC Transactions
The Agenda and details of the Video Conference:
Brief note on the Video Conference:
Presentation used in the Video Conference:
Archive for year: 2020
Relaxation i.r.o investor related services due to COVID-19
Below is a brief snippet of the relaxations provided by SEBI in the wake of the COVID-19 outbreak.
Click here for the Circular dated 13th April, 2020.
General meetings by Video Conferencing: Recognising the inevitable
Team Vinod Kothari & Company
corplaw@vinodkothari.com | updated as on 14th April, 2020
“If necessity is the mother of invention, then adversity must be the father of re-invention”, says Johnny Flora. It is a pity that an urgency of such colossal scale should have been needed for the lawmakers for companies to realise that in an age where all businesses are working day and night with meetings and conferences on the internet, and even courts are hearing matters using VC, the ability of a company to conduct general meetings by using VC should have come as a concession, or a limited period dispensation. The MCA Circular of 8th April, 2020[1] (‘MCA Circular’), if it is a precursor to a larger rethinking, is certainly welcome.
Washout of Prior-period Claims in Resolution Plans: Rajasthan HC closes the door for pre-CIRP claims after revival of Corporate Debtor
Megha Mittal & Shreya Jain
Colloquially referred to as a ‘rebirth’, a resolution plan is the revival route for the corporate debtor, free of its past liabilities and dues, paid in accordance with the approved plan. Having said so, it might be noted that resolution plans assume the status of a statutory binding contract once approved by the adjudicating authority. Recently, the Hon’ble Rajasthan High Court, in Ultra Tech Nathdwara Cement Ltd., (formerly known as Binani Cements Ltd.) vs. Commissioner, Central Goods And Service Tax and Central Excise Commissionerate and Ors.[1], held that no demands can be raised by any statutory body, for a period prior to the approval and finalization of resolution plan, after the resolution plan is successfully implemented.
The details of the case have been discussed below.
