Insurance Division, DFS secures 3rd Rank in Group A Category of Grievance Redressal (See 'Corp Brief') SARFAESI - Any tenancy created after issuance of notice u/s 13(2) without prior written consent of secured creditor, is void ab initio: HC https://tiolcorplaws.com/caselaw/details/ODAzNg== IndiaAI Mission organised AIKosh Univ Engagement Programme at Chitkara Univ (See 'Corp Brief') IBC - RBI prudential norms stopping banks from recognising interest income on NPA accounts do not wipe out borrower's obligation to accrue & recognise interest expense in its own financial statements: NCLAT (See 'Legal Desk') Comprehensive measures taken to boost digital infrastructure & cyber security: Jitin Prasada (See 'Corp Brief') IPC showcases India's Regulatory Excellence at WHO Meeting in Nepal (See 'Corp Brief') IPR - Registration of defendant's trademark does not bar passing off action where plaintiff establishes prior goodwill, misrepresentation and likely damage: HC (See 'Legal Desk') GI & Beyond 2.0 Summit showcases India's GI-tagged Handloom and Handicraft Products (See 'Corp Brief') CCI approves combination of many entities into InterGlobe Hotels (See 'Corp Brief') A&C - In international commercial arbitration seated in India, ground of ‘patent illegality' u/s 34(2A) is expressly excluded: HC (See 'Legal Desk') House Panel deliberates on strengthening Human-Wildlife Conflict Mitigation through Technology (See 'Corp Brief') Misc - A minor admitted to benefits of partnership firm is not personally liable for debts or liabilities incurred by firm during age of minority - ergo, bank communication declaring minor as wilful defaulter is invalid: HC (See 'Legal Desk') PM-PRANAM Promotes Balanced Use of Fertilizer, Organic Farming (See 'Corp Brief') On International Clouded Leopard Day, India strengthens Conservation through Dedicated Action Plan (See 'Corp Brief') Companies Act - Solely because a private bank carries on banking operations as scheduled bank or is bound to follow regulatory guidelines issued by the RBI, it does not acquires character of a statutory body: HC (See 'Legal Desk') C-DAC and GSI sign umbrella MoU to strengthen Geoscience & Mineral Exploration (See 'Corp Brief') IPR - Test for 'efficacy' u/s 3(d) of Patents Act is not limited to 'therapeutic efficacy' for all substances: HC (See 'Legal Desk') Dipka OC: Powering India's Growth through Scale & Efficiency (See 'Corp Brief') IPR - U/s 9(1)(a) of Trade Marks Act, correct legal test is whether applied mark possesses 'distinctive character', means if it is capable of distinguishing applicant's goods from those of others - YES: HC (See 'Legal Desk') Union Minister inaugurates Centre of Excellence for Handloom Technology at IIT Delhi (See 'Corp Brief') IBC - Private bank's commercial decision on debt assignment or settlement, even if regulated by RBI norms, remains private banking transaction and does not satisfy function test for writ maintainability: HC (See 'Legal Desk') Mandaviya felicitates Commonwealth Games 2026 Weightlifting medallists with cash rewards (See 'Corp Brief') Sonepur Bazari OCP: Setting New Benchmarks in Coal Production (See 'Corp Brief') IPR - In absence of evidence showing acquired distinctiveness or secondary meaning, descriptive mark could not validly remain on Register: HC (See 'Legal Desk') KCC-MISS has positively impacted Cropping Intensity and Multi-Season Cultivation (See 'Corp Brief') Disciplinary case pendency reduced from over 4,000 to 700: MoS (See 'Corp Brief') Limitation - Single Judge rightly declined to exercise writ jurisdiction in a matter which essentially involves contractual obligations & involves disputed issues of fact: HC (See 'Legal Desk') Handloom Hackathon 2.0 concludes at IIT Delhi (See 'Corp Brief') MoS reviews status of Ujh Multipurpose Project in Jammu & Kashmir (See 'Corp Brief') Exhibition open to visitors from 6 to 19 August (See 'Corp Brief') Tete-a-tete around AI in banking sector often begins with algorithms (See CORP EINSICHT) IBC - Insolvency cannot be used as substitute for debt recovery or to settle complicated shareholder battles: NCLT (See 'Legal Desk') Ministry of Textiles to celebrate 12 th National Handloom Day on 7 August (See 'Corp Brief') Railways approves Extension of Daily Ludhiana-Jakhal Passenger Train up to Jind (See 'Corp Brief') Catch the Rain in Odisha: From Awareness to Groundwater Recharge (See 'Corp Brief') IBC - Unregistered lease deed cannot be relied upon to establish substantive leasehold rights or duration of tenancy: NCLT (See 'Legal Desk')

ABOUT US

TIOLCORPLAWS.COM is a resource covering a wide gamut of legislations and case laws on the Companies Act, Competition Act, Capital Market Laws, IPR Laws, foreign exchange laws, reporting real time developments, providing news round ups, editorial columns, discussions & debates on important issues. The site is divided into broad SEVEN segments namely:

1. Companies Law - Apart from the latest cases of Companies Act adjudicated by the Supreme Court and High Court, this segment contains an exhaustive compilation of various Rules, Notifications and orders issued by the Ministry of Corporate Affairs. Real time updation of this data is made to meet your demand of current & relevant information.

2. Competition Laws - Competition laws is a relatively new but promising area attracting diverse group of professionals. Cases adjudicated by the Competition Commission of India as well as Competition Appellate Tribunal will form a part of this segment in addition to the High Court and Supreme Court cases. It also carries a collection notification and ciculars on this subject.

3. Capital Market Laws - This segment contains Circulars, Notifications, Regulations & Guidelines issued by the Capital Market Regulator, SEBI in addition to the Act and Rules. The case law portion covers a wide range of cases adjudicated upon by the Supreme Court, High Court, Securities Appellate Tribunal as well as SEBI.

4. IP Laws - Intellectual Property laws have been evolving through the centuries but has gained a more widespread acceptance & relevance owing to branding & advertising being indulged into by corporate players today. This segment again carries various notifications and public notices. As well as a diverse collection of cases of Supreme Court and High Court.

5. FEMA & PMLA - Foreign exchange laws and FDI policy assumes a critical importance for obvious reasons. In addition to this, Prevention of Money Laundering Act has an inevitable presence to eradicate abusive practices which leads to generation of black money in the economy. This section will constantly update our subscribers about every important development taking place in these respective domains. This segment contains all applicable Acts, comprehensive list of various Rules, Regulations and Circulars, including RBI Circulars, FEMA & PMLA Notifications and DIPP Press Notes.

6. Miscellaneous - Our miscellaneous segment covers cases, notifications etc. pertaining to Banking Laws, Sarfesi Act, Stamp Act, Limitation Act etc. The purpose behind including this segment is to ensure no relevant judgement or information should slip away from the notice of our readers and they derive maximum benefit from the information.

In addition to the above segments, we have also have an extensive library for our readers which includes an exhaustive list of various Bills, reports and crucial administrative orders. Most importantly, this site will also provide our subscribers regular videos covering interviews and panel discussions involving who's who of the corporate world absolutely free of cost.

CEO & Founder Editor, Shailendra Kumar: Founder and CEO of TIOL Shailendra Kumar, belongs to the financial journalism field. He launched his career with The Indian Express Newspaper in 1990 and then moved on to The Economic Times where he worked for more than five years. Thereafter, he conceptualized and launched TIOL to cater to the needs of the corporate & business sector. He envisioned TIOL as a support & information delivery organisation which would lend the corporates a helping hand in their quest for updated knowledge and information as well as a media watchdog for Indian tax and trade policies. Mr. Kumar holds a Bachelor of Economics Honours degree from the University of Delhi, and has a Post Graduate Degree in Mass Communication from the Indian Institute of Mass Communication. He was the recipient of the 2001 Outstanding Media Professional Award presented by the India International Professionals Forum. He is also the First Recipient of CERTIFICATE OF MERIT conferred by the World Customs Organisation headquartered at Brussels. He writes a much-awaited and widely-acclaimed weekly column for TIOL - The Cob(Web). He has also authored a book "It's Raining Black! Chronicles of Black Money, Tax Havens and Policy Response" that talks about policy measures framed by the government to tackle the menace of illegal funds in the country and abroad. The book is published by LexisNexis has a foreword by the Chairman and Vice Chairman of the Special Investigation Team, Justice (retd) M B Shah and Justice (retd) Arijit Pasayat respectively.

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