India is facing an unprecedented crisis due to the covid-19 pandemic, significantly impacting the way of life of people at large, and functioning of corporates in particular.
Notwithstanding the efforts of the Government to control the pandemic and path-breaking steps taken to mitigate the consequential adverse impact on corporates, the dislocation to business and its compliance requirements despite relaxations granted, will continue to haunt for some more time.
There is a need for de-novo review of some of the routine compliances under the Companies Act, 2013 and Sebi Regulations, currently hindered by a near impossibility of performance in the context of new norms of social distancing, congregation of limited number of people at one