The Ministry of Corporate Affairs (MCA) has introduced several measures to help companies cope with the impact of the COVID-19 pandemic. These include amendments to the Companies Act 2013, its associated rules, and the issuance of various circulars. These steps were announced by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, in response to a query in the Rajya Sabha.
The Ministry of Corporate Affairs (MCA) has taken various measures to address the COVID-19 pandemic by making amendments in the Companies Act, 2013, Rules made thereunder and by issuing various circulars from time to time. The details of such measures taken by the Ministry are attached as Annexure.
This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs in a written reply to a question in Rajya Sabha.
FAQ :
The MCA has made amendments to the Companies Act 2013, the rules thereunder, and issued various circulars to address the pandemic's impact.
The MCA has amended the Companies Act 2013.
Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, announced these measures.
The measures were stated in a written reply to a question in the Rajya Sabha.
The amendments and measures are intended to mitigate the blow caused by the COVID-19 pandemic to companies.