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Companies Act Amended – Further Advances In The Ease Of Doing Business - Corporate/Commercial Law

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There has been a debate about building into statutes,
criminal liability for acts that are civil in nature. Hence, for
Companies Act, certain amendments are proposed to be made that will
correct this.
1
The views expressed in this excerpt from India s 2020-2021
Union Budget Speech have been incorporated in the Ministry of
Corporate Affairs (
MCA ) 2020
amendment to the Companies Act, 2013. The MCA has facilitated the
ease of doing business in India by introducing significant
compliance and other relaxations to companies, as well as to their ....

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Update: Corporate Affairs Commission Automates Post Incorporation Procedures - Corporate/Commercial Law

The Corporate Affairs Commission ("CAC'') recently announced the upgrade of its website and online registration portal (‘'the Portal) to allow for the full automation of most of its . ....

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Brazilian Securities And Exchange Commission Set To Strengthen ESG Reporting Requirements - Corporate/Commercial Law

On December 7, 2020, the Brazilian Securities and Exchange
Commission (
CVM) launched a consultation on
proposed amendments to Normative Ruling 480/2009 aimed at, inter
alia, increasing transparency by improving the quality of
information disclosed by publicly-held companies on ESG
aspects.
Following the global trend of enhancing and simplifying
disclosures-similar to what the US Securities Exchange Commission
(
SEC) has recently done with Regulation
S-K-CVM s main goal is to reduce compliance costs while also
responding to investors increasing demand for better ESG data. In this
Blog Post, we highlight the main ESG-related amendments proposed by
CVM in this new consultation paper.
Even though many companies follow international standards to ....

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Chambers Global Practice Guide 2021: Litigation - Coronavirus (COVID-19)

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As the world continues to adapt to the so-called new
normal following the unprecedented challenges brought about
by the COVID-19 pandemic, one key question that is being asked time
and time again: what does this mean for me and my business?
In terms of dispute resolution and litigation practice, it is
clear that the pandemic has not stopped individuals or companies
from filing actions with the courts. In Guernsey this is known as
tabling the cause , pursuant to Section 10(1) of the
Royal Court Civil Rules, 2007 (RCCR). ....

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Ontario's Capital Markets Modernization Taskforce Issues Final Recommendations - Corporate/Commercial Law

Ontario s Capital Markets Modernization Taskforce
(Taskforce) has published its final report (final report)
1. The 74
recommendations cover a wide range of topics, including corporate
governance practices, reducing regulatory burdens, improving market
access, investigative and enforcement matters, and major structural
reforms.
Although the Taskforce dropped or reworked a few of its more
controversial proposals and added some new recommendations, its
final report is largely consistent with the consultation report
(consultation report) that it released in July 2020
2. Some of the
Taskforce s recommendations, if adopted, would significantly
affect some aspects of market participants commercial and
governance practices.
In this bulletin, we provide a summary of the final ....

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