2017-TIOLCORP-34-SEBI

Newland Agro Industries Ltd

Whether for non compliance of law while issuing Redeemable Preference Shares every director, who is an officer in default, is jointly and severally liable to refund the money raised through from investors with interest - YES : SEBI

Whether a person will be considered to be continue to Act as Director if form his conduct, forms filed with ROC minutes of meeting etc it does not appear that he is reappointed as director against his wishes - YES : SEBI

Whether in the resignation letter if person does not raise any concern about the forgery or fraud can it be assumed that story presented now is afterthought - YES :SEBI

- Directions Imposed: SEBI

2017-TIOLCORP-82-HC-DEL-IPR

Kanungo Media Pvt Ltd Vs RGV Film Factory

Whether cogent evidence is to be provided to prove infringement of trademark, merely obtaining registration of mark in lis pendins does not give rise to distinctiveness - YES : HC

Whether Cost can be imposed in an infructous case where the Plaintiff has lost the suit but did made the film through assistance - NO : HC

- Case Dismissed: DELHI HIGH COURT

Cabinet decides to make Sovereign Gold Bonds Scheme more lucrative (TIOL)

Govt sets up 24 Benami Prohibition Units; 230 cases booked (TIOL)

Socio-Economic & Caste Census 2011 costs Rs 4893 Cr (TIOL)

Scheme for capital goods sector extends support to all units (TIOL)

Income tax base jumps but CBDT needs to organise TDS ki Pathshala (TIOL)

Cabinet okays Indo-German joint decleration for sustainability (TOG)