Tag Archives: corona

Contribution made to “CM’s Relief Funds” or “State Relief Fund for COVID-19” shall not qualify as CSR expenditure- Clarifies MCA

Contribution made to ‘CM’s Relief Funds’ or ‘State Relief Fund for COVID-19’ shall not qualify as CSR expenditure- Clarifies MCA

After the Ministry of Corporate Affairs announced that donations made by the companies to the PM CARES Fund would be considered as expenditure on Corporate Social Responsibility (CSR), several companies came through with their donations. The Ministry has been receiving several references/representations from various stakeholders seeking clarifications on eligibility of …

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MCA allows companies to hold Extraordinary General Meetings through Video Conferencing or OAVM

MCA allows companies to hold Extraordinary General Meetings through Video Conferencing or OAVM

The Ministry of Corporate Affairs (MCA) is fully cognizant of the difficulties faced by companies on account of the ongoing nation-wide lockdown and social distancing due to COVID 19. The Ministry has also taken note of various representations received from industry associations and corporates on the need to facilitate companies …

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Modi tweets #9pm9minute to remind people to light up diyas tonight

Prime Minister Narendra Modi has reminded people to light up lamps on Sunday night to show the country’s collective resolve to fight coronavirus.“#9pm9minute”, the prime minister tweeted to remind people of the exercise. https://twitter.com/narendramodi/status/1246666853415407617 Modi had on Friday urged people to switch off the lights at their homes and light up lamps, candles …

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German state finance minister commits suicide after ‘virus crisis worries’

Thomas Schaefer, the finance minister of Germany’s Hesse state, has committed suicide apparently after becoming “deeply worried” over how to cope with the economic fallout from the coronavirus, state premier Volker Bouffier said Sunday. Schaefer, 54, was found dead near a railway track on Saturday. The Wiesbaden prosecution’s office said …

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