ACC delivers lifetime highest annualised PAT (See 'Corp Brief') SJVN inaugurates First Multi-purpose Green Hydrogen Pilot Project (See 'Corp Brief') IBC - Even if CIRP commences, Directors, who are incharge of affairs of Company cannot be absolved of any wilful default committed by borrower Company : HC (See 'Legal Desk') REC to extend loan of Rs 1869 Cr for Kiru Hydro Electric Project (See 'Corp Brief') IBC - Corporate Insolvency Resolution Process can be initiated for failure to repay debt due and payable : NCLT (See 'Legal Desk') CCO declares grading of coal and lignite mines (See 'Corp Brief') SARFAESI Act - Writ petition can be disposed of as infructuous as one time settlement has been entered into between parties : HC (See 'Legal Desk') PM addresses Conference on Disaster Resilient Infrastructure (See 'Corp Brief') SARFAESI Act - Award of interest on auction money at rate applicable to fixed deposits is not a correct view and rate of interest deserves to be enhanced: SC (See 'Legal Desk') CCI okays subscription to debentures of Napino Auto by IFC (See 'Corp Brief') Constitution of India - Writ jurisdiction of Court cannot be used by party for collecting evidence and documents against another party, against whom petitioner has pending disputes : HC (See 'Legal Desk') World Energy Congress 2024: Power Secy, Ambassador to Netherlands inaugurate India Pavilion (See 'Corp Brief') PMLA - Considering money trail and involvement of applicant in crime he is not entitled for anticipatory bail : HC (See 'Legal Desk') Competition Act - Informant has neither referred to any particular agreement nor provided any document which suggest existence of anti-competitive agreement : CCI (See 'Legal Desk') CSIR implements new in-house 'Accounts Manager Software' for financial management (See 'Corp Brief') PMLA - Applicant is not entitled for grant of anticipatory bail u/s 45 of PMLA as Court does not find any reasonable ground to believe that applicant is not guilty of crime : HC (See 'Legal Desk') SARFAESI Act - Petition has been filed to overreach recovery proceedings, wherein Petitioners have been found to be liable to pay certain amount so as to circumvent provisions of statutory appeal : HC (See 'Legal Desk') IREDA reports All-Time High Annual Net Profit, NPAs below 1% (See 'Corp Brief') SARFAESI Act - District Magistrate is under statutory obligation to decide application u/s 14 of the SARFAESI Act within thirty days : HC (See 'Legal Desk') IBC - Wilful defaulter proceeding cannot be relatable to recovery of debt but is merely an off-shoot of debt : HC (See 'Legal Desk') Competition Act - Since it is agreement between enterprise and end consumer, same is not covered within ambit of Section 3(4) of Act: CCI (See 'Legal Desk') Govt announces election of 11 members Veterinary Council of India (See 'Corp Brief') Companies Act - Charges of professional misconduct in SCN are proved for which monetary penalty can be imposed : NFRA (See 'Legal Desk') PMLA - Application for anticipatory bail can be rejected as there is failure on part of applicant to appear before trial Court despite service of bailable warrant : HC (See 'Legal Desk') IBC - There is no scope of interference in writ petition since there is no arbitrariness, mala fides or palpably illegality in impugned order : HC (See 'Legal Desk')

Ease My Trip, Cleartrip partner with MoT to strengthen tourism

Published: Apr 16, 2021

By TIOLCORPLAWS News Service

NEW DELHI, APR 16, 2021: IN its ongoing effort to strengthen the hospitality and tourism industry, especially during the COVID-19 pandemic, the Ministry of Tourism (MoT) signed an agreement with online travel platforms Cleartrip and Ease My Trip.

The primary objective of the Memorandum of Understanding (MoU) is to provide extensive visibility to accommodation units (hotels, inns, guesthouses) which have self-certified themselves on SAATHI (System for Assessment, Awareness and Training for the Hospitality Industry) on the OTA platform.

The MoU also outlines both parties to encourage units to register on the National Integrated Database of Hospitality Industry (NIDHI) and on SAATHI and encourage the local tourism industry with appropriate safeguards for curbing the spread of infections. This will also allow the government to gather more information on accommodation units in order to gain actionable insights and designing evidence based and targeted policy measures and to promote safe, honourable and sustainable tourism.

The Tourism Ministry and the online travel companies will endeavour to take necessary steps to encourage and promote strategic and technical cooperation in the tourism sector for overall benefit in the identified areas through the MoU.

This comes a day after e-commerce major Flipkart announced it will acquire 100 per cent of Cleartrip's shareholding but the latter will continue to operate as a separate brand retaining all employees.

TIOL CORP SEARCH

TIOL GROUP WEBSITES