Monthly Archives: June 2020


5Qs for Every Corporate Professional: CimplyFive’s Five Qs for determining if Independent Directors Meeting Add Value to Governance

SEBI’s LODR, 2015 Regulation 25 (3) read with Schedule IV (VII) (1) of the Companies Act, 2013 requires all equity listed companies and unlisted companies having Independent Directors to schedule a meeting of Independent Directors of the company to meet without the presence of non-independent directors and members of management [...]

By | 2020-06-10T10:17:39+00:00 June 10th, 2020|Article|0 Comments

CAIRR Update June 09, 2020

June 09, 2020   Summary of the notification issued by MCA dated 05/06/2020   MCA allows startups to issue sweat equity upto ten years from its incorporation date & takes liquidity improvement measures for listed entities making private placement of debentures.   Through this notification, - A start-up company, as defined in notification number [...]

By | 2020-06-09T18:50:15+00:00 June 9th, 2020||0 Comments

CAIRR Update June 08, 2020

June 08, 2020   Summary of the Ordinance passed by the President of India on 05/06/2020   Ordinance to suspend applicability of Insolvency and Bankruptcy Code, 2016 due to CoVID-19 pandemic   Citing various reasons including hampering of conduct of business operations and assigning of resolution professionals to recover the defaulting corporates due to [...]

By | 2020-06-08T12:47:54+00:00 June 8th, 2020||0 Comments

CAIRR Update June 03, 2020

June 03, 2020   Summary of the guidelines issued by IBBI on 02/06/2020   IBBI issues guidelines to be followed with respect to appointment of Panel of Insolvency Professionals (IPs) for the purposes of Corporate and Individual Insolvency applications under IBC, 2016   Through this notification, IBBI has issued detailed guidelines to be followed [...]

By | 2020-06-03T15:05:58+00:00 June 3rd, 2020||0 Comments
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