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Important and Urgent Client Advisory: MCA - COVID-19 Filings
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The Ministry of Corporate Affairs (“MCA”) has issued an advisory that is applicable to all Indian companies and limited liability partnerships (LLPs) registered with the MCA. As per the said advisory, all companies and LLPs are required to take the following immediate steps in order to aid social distancing for reducing transmission of COVID-19:
In order to check the readiness of all companies and LLPs to deal with covid-19, a new web form Company Affirmation of Readiness towards covid-19 – CAR2020 – will be deployed by the MCA on March 23rd 2020. All companies and LLP’s will be required to complete this form and file the same with the MCA in order to inform their respective readiness to deal with covid-19 threat. The filing has to be completed on March 23rd 2020 itself. Please see attached the MCA advisory for your ready reference. It is unclear if there will be any penalties for non-compliance with either the filing of the web form or the Work from Home requirement. We will keep you updated once the webform has been notified for use.
The Ministry of Corporate Affairs (“MCA”) has issued an advisory that is applicable to all Indian companies and limited liability partnerships (LLPs) registered with the MCA. As per the said advisory, all companies and LLPs are required to take the following immediate steps in order to aid social distancing for reducing transmission of covid-19:
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