Vaish Associates Advocates had earlier issued Frequently Asked Questions on Force Majeure and Contractual Obligations due to the impact of Covid-19 on on-going contracts. In continuation of the same, along with a recent judgement clarifying the extent to which the parties can validly invoke the doctrine of frustration under the Indian Contract Act, 1872, we […]
The Competition Commission of India (CCI) has issued official advisory to businesses in time of COVID 19 on 19th April 2020 . CCI has joined other competition authorities, including those in EU and USA abroad to remove Industry’s fears on consequences of any limited coordination between competitors to meet the shortage of supplies during the […]
The lockdown has been extended till 3rd May, 2020 and to allow parties to approach without having to visit its offices in New Delhi, the Competition Commission of India (CCI) has decided to allow filing of complaints / information (besides merger filings already on) electronically through e-filing facility as per latest Public Notice dated 13th […]
Ministry of Corporate Affairs (“MCA”) vide its circulars dated March 24, 2020 and March 30, 2020 has come out with a “Companies Fresh Start Scheme-2020” giving one time opportunity to the companies to file belated documents without any additional fee. Further, the scheme also provides for grant of an immunity certificate from any prosecution or […]
As you are aware that COVID-19, is a global pandemic. The Government of India, announced a nationwide lockdown with a view to ensure that the spread of this deadly virus is contained through social distancing. The lockdown is proving to be a good move, however, it has had an impact on businesses and the economy. […]
Continuing our advocacy efforts to keep you updated during the ongoing nationwide crisis due to COVID 19 pandemic , we are happy to bring a primer on the “Green Channel” route for automatic approval of certain combinations , recently introduced by the fair trade regulator, the Competition Commission of India (CCI). Briefly, this primer will […]
