2017-TIOLCORP-NEWS-131 | Wednesday, July 05, 2017

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COMPANIES LAW
 

2017-TIOLCORP-39-HC-DEL-CA

Scotia Finance Pvt Ltd

Whether voluntary winding up petition can be allowed if no outstanding dues/claims are pending with any Government Department & official Liquidator has accorded satisfaction based on Indemnity Bond of voluntary liquidator - YES : HC

- Petition allowed: DELHI HIGH COURT

 
COMPETITION LAWS
 

2017-TIOLCORP-28-CCI

K Sera Sera Digital Cinema Ltd And Pen India Ltd

Whether refusal in providing the content of a movie by its producers to a digital cinema service provider would be anti competitive in nature if such refusal is based on an objective business rationale to protect their commercial interest and is not done exclusively with an anti-competitive motive - NO: CCI

Whether in terms of Section 3(5)(i)(a) refusal by producers of a film in providing its content so as to protect it from any sort of piracy would amount to reasonable conditions imposed for protecting the rights conferred upon them under the Copyright Act - YES: CCI

Whether producers of a film avail the service of digital cinema providers as a consumer and hold the right to decide the providers of its own choice in distributing their movies -YES: CCI

- Order passed u/s 26(2) of Act: CCI
 
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