Problems and Solutions under Covid-19 for Businesses and Professions

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Description
>    Force Majeure and Commercial Contracts
>    Payment of Lease Rent and Wages
>    Covid Relief Package by RBI, Loan Default, Bank Guarantee Invocation and Stamp Duty on
       Loan agreements
>    Income Tax and GST Measures Including ITC Ceiling
>    Special Measures under Companies Act & LLP Act
>    Relaxation in SEBI-LODR
>    CSR Expenditure on Covid-19 Related Activities
>    Financial Reporting and Audits Including CARO, 2016
>    Measures Notified under IBC anf Companies Act
>    Cheque Bounce under Negotiable Instruments Act
>    Lockdown and Law of Limitation
>    Delayed Payments of MSME Dues
>    Work From home and Confidentially Breaches
>    Cyber Crimes During Lockdown
>    Arbitration Proceedings during Lockdown
>    RERA and Impact of Lockdown
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Contents
Chapter 1    Lockdown due to COVID-19 Pandemic — whether Force Majeure Event
Chapter 2    Doctrine of Frustration — incapability to perform Contractual obligation under
                      Covid-19 circumstances
Chapter 3    Compensation or Damages for breach of contract under Covid-19 circumstances
Chapter 4    Lease Contracts whether impacted due to Covid-19 outbreak
Chapter 5    Payment of Wages during lockdown
Chapter 6    Sale of pledged shares during Covid-19 circumstances
Chapter 7    Law of Limitation under Covid-19 circumstances -Supreme Court's Order
Chapter 8    Limitation period of demand notices in cheque bounce cases
Chapter 9    CSR expenditure on Covid-19 related activities
Chapter 10  Transfer of unpaid or unclaimed money and shares to IEPF
Chapter 11  Special Measures under Companies Act, 2013 and Limited Liability Partnership Act, 2008
                      in view of Covid-19 breakout
Chapter 12  Approval of Annual Financial Statements, Board Report, etc. - matters allowed through
                      video conferencing or other audio visual means
Chapter 13  MCA allows companies to hold EGMs through Video Conferencing or Other Audio Visual Means
Chapter 14  Holding of Annual General Meetings by Companies
Chapter 15  Various requirements and relaxations introduced by SEBI due to Covid-19 Pandemic
Chapter 16  Taxation, Corporate Laws and Insolvency Law Measures announced during Covid-19 Outbreak
Chapter 17  Residential Status and New Procedure for Registration, Approval, etc. of certain entities under
                      Income Tax Act, 1961
Chapter 18  Reduction in Rate of Tax Deduction at Source (TDS) & Tax Collection at Source (TCS)
Chapter 19  Relief package under Pradhan Mantri Garib Kalyan Yojana for the poor to help them fight the
                      battle against Corona Virus
Chapter 20  Atmanirbhar Bharat Announcements
Chapter 21  Due Dates under Income Tax Act
Chapter 22  Reliefs and Issues under GST due to COVID-19
Chapter 23  Various relaxations and issues under IBC, 2016
Chapter 24  RBI's Covid-19 Relief Package
Chapter 25  SEBI Listing Regulations - Disclosure Requirements arising due to Covid-19 Outbreak
Chapter 26  Covid-19 impact on Financial Reporting
Chapter 27  CARO, 2016 and considerations arising due to Covid-19 outbreak
Chapter 28  Electronic means of Communication, Quality Control and the Auditor
Chapter 29  Related Party Transactions - a new muddle under Covid-19 outbreak
Chapter 30  Loan Agreements and Stamp Duty during Covid-19 period
Chapter 31  Delayed Payments to Micro, Small and Medium Enterprises
Chapter 32  Relief Package for MSME Sector Chapter 33 Guaranteed Emergency Line of Credit
Chapter 34  Covid-19 and RERA
Chapter 35  Arbitration Proceedings under Covid-19 circumstances
Chapter 36  Confidentiality and Work from Home during Covid-19 Lockdown
Chapter 37  COVID-19 outbreak and various scams
Appendix 1  Circulars issued by Ministry of Home Affairs
Appendix 2    1. The Epidemic Diseases Act, 1897
                        2. The Disaster Management Act, 2005
Appendix 3    Guidelines for Phased Re-opening (Unlock 1)
Appendix 4    Guidelines for Phased Re-opening (Unlock 2)
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Author Details
CA. Kamal Garg [B.Com (H), FCA, DISA (ICAI)] is a Fellow Member of The Institute of Chartered Accountants of India (ICAI) and a First Class Commerce Baccalaureate from Deen Dayal Upadhyaya College, University of Delhi and a consulting academician inKGMA, Delhi. He was also the member of Board of Studies (BOS) Study Material Research Group (2009-2010) of NIRC of ICAI and a special invitee member of Accounting Standards Board (ASB) (2012-2013) and Ind AS (IFRS) Implementation Committee (2014-2015) of ICAI. He isalso the faculty member of Ethical Standards Board (ESB) of ICAI and had an opportunity to act as a speaker in the very 1st Live Webcast for
BOS of ICAI, such as study material and practice manual on Advanced Auditing for CA Final, eLectures for CA IPCC and CA Final studies, etc.
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