Arbitration and Conciliation Act - During main arbitration proceedings, final relief of specific performance cannot be sought based on contingent contract, which stood abandoned because of negative covenant: HC (See 'Legal Desk') Companies Act - Petition for voluntary winding up can be allowed if whole procedure prescribed under law has been duly complied with: HC (See 'Legal Desk') GST: A Frightening but Fascinating Future world…! – Part IV (See 'TOG INSIGHT') IMA extends support for Ayushman scheme (See 'TOG News') Appointment of 5 NCLT Members subject to outcome of proceedings pending before CAT & Allahabad HC (See 'Dashboard') Naidu suggests farm sustainability & profitability over loan waiver (See 'TOG News') Telecom industry favors 5G auction in second half of 2019 (See 'TOG News') Gadkari reaffirms mission to make Chabahar port operational by 2019 (See 'TOG News') India keen to buy lithium & cobalt mines overseas (See'Corpbrief') GST: A Frightening but Fascinating Future world…! – Part III (See 'TOG INSIGHT') Panel set up to update social & economic responsibilities of business (See 'Corpbrief') Trade Marks Act - When contestants have registration of trade name in different classes but, duration of commencing business with that name is not clear, an ad interim order of injunction refraining contestant's right is not maintainable: HC (See 'Legal Desk') Companies Act - When as per terms of purchase order, title to goods are transferred to purchaser, once goods are loaded on ship then purchaser is liable to make payment even if goods are stuck with Customs: HC (See 'Legal Desk') Nokia signs five-year global IT infra & application services deal with HCL GAIL partners with Uber to catalyse CNG ecosystem in India Mega relief for power sector – Pariwartan scheme to protect value of assets (See 'Corpbrief') Govt to set up more rural Wi-Fi hotspots for better broadband connectivity (See 'Corpbrief') Adani Transmission acquires 100% equity in Ghatampur SPV Oyo starts China business with hotel rooms in 26 cities Renowned water conservationist predicts forced migration (See 'TOG News') Drive Against Shell Companies - A cul-de-sac! (See 'THE COB(WEB)' TIOL) Copyright Act - Defendant can be said to have infringed copyright of plaintiff if it sells similar goods by adopting label and packaging which is substantial reproduction of original artistic work: HC (See 'Legal Desk') SEBI Act - Restrictions from accessing securities market imposed by SEBI on director can be removed, if director is not found guilty of raising funds in violation of SEBI regulations in CBI and ED reports: SAT (See 'Legal Desk') Govt to review and come out with new plan for Air India CCI approves acquisition of Monsanto by Bayer AG u/s 31(7) of Competition Act Purchases from tribal artisans jumps by 166% in 2017-18 (See 'TOG News') EPFO subscribers to get option to hike investments in ETFs by this fiscal (See 'Corpbrief') MCA invites comments from stakeholders on introductory note and draft on Cross-Border Insolvency (See 'Cropbrief') BHEL gets Rs 1000 cr order for Emission Control equipment (See 'Corpbrief')

Siddharth Education Services gets listed on BSE SME Platform

Published: Oct 12, 2017

By TIOLCORPLAWS News Service

MUMBAI, OCT 12, 2017: SIDDHARTH Education Services Limited has become 205th company to get listed on the BSE SME Platform. Siddharth Education Services Limited came out with an initial public offering of 31,08,000 Equity Shares of Rs.10/- Each and has successfully completed its public issue on October 5, 2017. Siddharth Education is a Maharashtra based Company whose registered office is at Thane. The company is engaged in providing tutorial coaching services for students of professional courses such as C.S., C.A., and C.M.A (ICWA).

205 companies listed on BSE SME Platform have raised Rs.1626.34 crores from the market and total market capitalization of 205 companies as on 12th October, 2017 is 17,584.36 Crores. BSE is the market leader in this segment with a market share of 70 percent. The response since the launch of this platform by BSE has been very positive till date.

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