Trade Marks Act - Issue of grant of registration can be remitted back to Examiner as trade mark could not be rejected and is required to be advertised : HC (See 'Legal Desk') LODR Regulations - Stay can be granted on effect and operation of order pending disposal of appeal on condition that Appellant deposits 50% of interest amount determined to be payable to CUHL : SAT (See 'Legal Desk') SARFAESI Act - If any borrower is aggrieved by action of private bank/ARC, then borrower has to avail remedy under SARFAESI Act and no writ petition can lie or is maintainable : HC (See 'Legal Desk') CCI approves acquisition of stake in PAMP Technologies by PAMP Ventures SA (See 'Corp Brief') SARFAESI Act - Due to failure to repay outstanding amount despite interim order, present petition is dismissed : HC (See 'Legal Desk') Limitation Act - Sec 14 of Limitation Act is wide in its application, inasmuch as it is not confined in its applicability only to cases of defect of jurisdiction but applicable also to cases where prior proceedings have failed on account of other cause : HC (See 'Legal Desk') IBC - Application is deemed to be withdrawn as it is filed at time when amendments came into force and it is incumbent upon FC to comply with newly enforced statutory requirements : NCLT (See 'Legal Desk') Indian Economic Service calls on President Murmu (See 'Corp Brief') Companies Act - ROC's decision of rejecting application for conversion is not contrary to legislative intent of Section 18 : HC (See 'Legal Desk') PMLA - If criminal case against person is quashed then there can be no offence of money laundering against him : HC (See 'Legal Desk') SEBI Act - Violation of various SEBI circulars by noticee stands established for which penalty can be imposed : SEBI (See 'Legal Desk') Ambuja Cements signs agreement to acquire 1.5 MTPA Grinding Unit at Tuticorin (See 'Corp Brief') PMLA - Any person aggrieved by order, even if person is not party to order, can file appeal u/s 26 of PMLA, 2002 before Appellate Tribunal : HC (See 'Legal Desk') Copyright Act - Trustee only owe fiduciary duty to beneficiary with regards to trust property and Registrar of Copyright to rectify Register in that registration shall be in name of Trust : HC (See 'Legal Desk') SEBI Act - Though broker has failed to be vigilant in securities market by allowing and facilitating non-genuine transactions but has not personally gained from transactions : SAT (See 'Legal Desk') IREDA celebrates legacy: Past leaders share Vision for Future (See 'Corp Brief') SARFAESI Act - Confirmed auction sale can be interfered by High Court by entertaining writ petition only when there is fraud/collusion and present case is not case of fraud or collusion : SC (See 'Legal Desk')

India to share expertise in growing Cotton with 11 more nations: Irani

Published: Oct 07, 2019

By TIOLCORPLAWS News Service

GENEVA, OCT 07, 2019: THE Union Minister of Textiles, Ms Smriti Zubin Irani, stated that India remains committed to building on its long-standing development partnership with Africa, especially in the field of cotton. For this, Textiles Minister said that India would be announcing the launch of the second phase of the Cotton Technical Assistance Programme (TAP) for Africa at the Partners Conference here today. In the five year long second phase, the programme would be scaled up in size and coverage and would be introduced in five additional countries, namely Mali, Ghana, Togo, Zambia and Tanzania. The Cotton TAP programme would now cover 11 African countries including the C4 (Benin, Burkina Faso, Chad and Mali). India implemented a Technical Assistance Programme (TAP) for cotton in 6 African countries, namely – Benin, Burkina Faso, Chad, Malawi, Nigeria and Uganda from 2012 to 2018.

The minister expressed hope that the World Cotton Day would help showcase innovative initiatives in the cotton eco-system and channel more development assistance for cotton. Ms Irani further mentioned that India is also engaging meaningfully in providing assistance to strengthen both the agriculture and textile part of the cotton value chain in Africa through training and capacity-building of farmers, scientists, government officials and industry representatives and through the creation of cotton-related infrastructure. As one of the world's largest producers and consumers of cotton, India supports the World Cotton Day as an opportunity to recognise the significance of cotton as a global commodity, and, more importantly, as a source of livelihood for millions of small and marginal farmers in developing countries said Smriti Zubin Irani, at the opening session of World Cotton Day in Geneva today.

Ms Smriti Zubin Irani said that it is fitting that Mahatma Gandhi has been chosen as the icon for the World Cotton Day and to mark the celebration of the first World Cotton Day, India would gift a replica of Mahatma Gandhi's Charkha to the WTO.  She also informed that a live demonstration of the Charkha has been arranged a by Pitta Ramulu, National Award winning weaver from India.

The Textiles Minister also informed that cotton farming and the domestic cotton textile industry continue to be important pillars of India's economy. As a country of 8 million small and marginal cotton farmers, India is sensitive to the challenges faced by the cotton sector in developing countries and India has been a proponent for the elimination of asymmetries and imbalances in the WTO agreements that lead to a distortion of global cotton markets, the Minister added.

TIOL CORP SEARCH

TIOL GROUP WEBSITES