https://www.taxtmi.com/article/detailed?id=9119 The Ministry of Corporate Affairs provided temporary compliance relaxations for companies and LLPs during the COVID-19 period: a moratorium on additional late filing fees in the MCA-21 registry, deferment of the Auditor's Report Order applicability, extensions for deposit and debenture-related reserves and investments, additional time for commencement-of-business filings and non-enforcement of director residency requirements for the specified year. Board meeting intervals were extended and meetings permitted via video/audio means; independent directors' separate meeting requirement will not be treated as violation if not held in the affected year. A fee free Companies Affirmation of Readiness web form and guidance on CSR eligibility for COVID 19 spending were also issued. en-us Sat, 25 Apr 2020 10:39:53 +0530 Sat, 25 Apr 2020 10:39:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9119 The Ministry of Corporate Affairs provided temporary compliance relaxations for companies and LLPs during the COVID-19 period: a moratorium on additional late filing fees in the MCA-21 registry, deferment of the Auditor's Report Order applicability, extensions for deposit and debenture-related reserves and investments, additional time for commencement-of-business filings and non-enforcement of director residency requirements for the specified year. Board meeting intervals were extended and meetings permitted via video/audio means; independent directors' separate meeting requirement will not be treated as violation if not held in the affected year. A fee free Companies Affirmation of Readiness web form and guidance on CSR eligibility for COVID 19 spending were also issued. Articles Corporate Laws / IBC / SEBI Sat, 25 Apr 2020 10:39:53 +0530 https://www.taxtmi.com/article/detailed?id=9119