NABARD trends increase in state wise fund disbursments for Agro Development (See 'Corpbrief') SCRA, 1956 - Advocate representing listed company before Delisting Committee does not stand at same footing as other officers & directors : SAT (See 'Legal Desk') PMLA, 2002 - Retrospective penalization as per second proviso to Section 5(1) is permissible in respect of property acquired before enactment of such provision if offence alleged is continuing offence: HC (See 'Legal Desk') RBI Dy Governor Viral Acharya puts in his papers Binny Bansal sells Flipkart shares worth Rs 531 Cr to Walmart 8 Maruti Suzuki models feature in list of top 10 best-selling cars in India Bitcoin prices surge 13% to cross USD 11000 271 companies scalped in 3 years for investors' protection: FM (See 'Corpbrief') Public banks outclass private ones in loan types & approval: Fin Min (See 'Corpbrief') PMEGP scheme provided job to 5.87 lakh persons so far: Gadkari (See 'Corpbrief') No proposal from any State to set up local bank: FM (See 'Corpbrief') IBC, 2016 - Foreign court order of bankruptcy against Indian Company of country with which no reciprocal arrangement exist with UOI has no applicability in India: NCLT (See 'Legal Desk') IBC, 2016 - During pendency of application u/s 7, trial court addressing suit to restrain transfer of shares cannot reject such application without considering application for amendment of suit brought to distinguish suit and save it from rejection: HC (See 'Legal Desk') BHEL bags emission control equipment order from NTPC subsidiary (See 'Corpbrief') BSR & Associates LLP resigns as auditors of IL&FS amidst MCA chasing ban Jet Airways case: NCLT Admits SBI's insolvency petition; refuses to withold bankruptcy order of Netherlands court CCI okays merger of Indiabulls Housing Finance & Lakshmi Vilas Bank Tax rebates aiding domestic textile sector to compete with MNC brands: Irani (See 'Corpbrief') PMKSY - Over 2 lakh youth turned entrepreneurs till June 2019: MoS (See 'Corpbrief') Fund of Funds - 31 start-ups receive aid this fiscal (See 'Corpbrief') Govt rearing workforce skilled in handling AI: RK Singh (See 'Corpbrief') Govt okays disinvestment plan in Hindustan Organic Chemicals Ltd (See 'Corpbrief') SEBI, 1992 - Promoters of NDTV cannot be restrained to hold key managerial positions during disposal of appeal relating to violation of PFUTP Regulations if it is not in interest of investors: SAT (See 'Legal Desk') Competition Act 2002 - Contravention of Section 3(4) cannot be said to have occurred if restrictions placed by cell phone distributors due to high inter-brand competition do not cause harm to consumers: CCI (See 'Legal Desk') Handling of Clients’ Securities by Trading Members/Clearing Members Harley-Davidson in talks with Hero MotoCorp for outsourcing 250-500 cc motorcycle production Govt to offer collateral-free loans of upto Rs 50 lakhs: Kovind Tech Mahindra inks multi-year contract with Airbus for cabin & cargo design engineering Microsoft's Satya Nadella & Adobe's Shantanu Narayen among top 10 CEOs in USA: Glassdoor survey Govt okays creating agency to resolve renewable energy disputes (See 'Corpbrief') Govt appoints New Judicial & Technical members at NCLT Benches

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By Kanishk Chandra

The Favor Economy

Published: Jun 18, 2019

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