CAPEXIL exports awards: Commerce Minister urges India Inc to create brand value (See 'Corpbrief') Competition Act, 2002 - United Insurance found liable to pay interest charge on delay in deposit penalty amount levied for indulging into bid rigging: HC (See 'Legal Desk') LIC infused Rs 10.69 lakh crore in PSUs between FY 2015 to 2019 Cigarette stocks rises amidst Cabinet decision to ban e-cigarettes PMLA, 2002 - Copying and pasting contents of CBI chargesheet in order confirming provisional attachment order is not valid order of judicial member: Tribunal (See 'Legal Desk') Chinese firm Wuhuan bags coal gastification contract from Talcher Fertilizers (See 'Coropbrief') FEMA, 1999 - No violation of Forex law is warranted if inward remmitance for which valid FIRC exist is used for purchase of immovable property by non-resident staying in India for more than 182 days: Tribunal (See 'Legal Desk') Skill India, IBM signs pact to impart basic AI training (See 'Corpbrief') Govt allows SAIL to offload 25% of Iron Ore (See 'Corpbrief') Saudi Aramco assures India of uninterrupted oil supply Cognizant appoints Ramkumar Ramamoorthy as Chairman & MD of India operations EPFO account members soon to get 8.65% interest for FY 2018-19 ICRA cuts Bengaluru Metropolitan Transport Corp credit ratings for debt default Blackstone signs Rs 2700 crore for CCD Global Village Tech Park ECGC Introduces Nirvik to ease lending process for Exporters (See 'Legal Desk') Coal Ministry allocates new coal block to West Bengal (See 'Corpbrief') Companies Act, 2013 - In scheme of arrangement, dispensing with shareholders meetings cannot be disallowed without considering views adopted by larger benches: NCLAT (See 'Legal Desk') SEBI Act, 1992 - Knowledge of price rise in scripts coupled with prove of profits from share offloading is enough to levy penalty for unfair trade practices on Additional Director of Company: SAT (See 'Legal Desk') Taxability of Reimbursements in Service Tax and GST regime (See 'THE INSIGHT' in Taxongo.com) Vistara adds Indore as 30th destination ED imposes Rs 230 cr fine on PwC for FEMA violations Ex-Tiger Global Lee Fixel stomps Indian grounds again; may invest USD 1 billion Valuation required under the provisions of the Companies Act, 2013 and the IBC, 2016 (See 'Dashboard') DLF sells 9 acre Gurugram land to American Express for Rs 300 cr Commerce Minister proposes reduced IPR fees (See 'Corpbrief')

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By Shreya Kharbanda

Section 13 of SARFAESI ACT- Enforcement Of Security Interest

Published: Jul 31, 2019

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