2017-TIOLCORP-NEWS-182| Thursday, September 14, 2017

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COMPETITION LAWS
  2017-TIOLCORP-42-CCI

PWD And Harman International (India) Pvt Ltd

Whether the decision of the company, cancelling authorization granted to another to operate sound systems manufactured by the former is anti-competitive conduct, if company cancelled such authorization only because of the failure to maintain the required safety standards and certifications - NO: CCI

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

 
MISCELLANEOUS
  2017-TIOLCORP-11-SC-MISC

Jaiprakash Associates Ltd Vs Developer Township Property Owners

Whether when the builder has delayed the delivery of flats for more than five years after receiving payments, the buyers do deserve compensation for the delay - YES: SC

- Directions Imposed: SUPREME COURT OF INDIA

2017-TIOLCORP-51-HC-MUM-MISC

Cadbury India Ltd Vs State Of Maharashtra

Whether when a person who has the burden to prove that agricultural produce in question is purchased from outside the market area fails to discharge the same must be held liable to pay the market fees under APMC Act - YES: HC

Whether no supervision cost can be recovered if there is no specific order by the State Government appointing staff to supervise buying and selling of agricultural produce in the market - YES: HC

- Writ Petition partly allowed: BOMBAY HIGH COURT

 
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FLASH NEWS
 

Govt nominates Rajiv Kumar, Secretary, Department of Financial Services, as Director on RBI Central Board

Asahi India Glass rebuts news of acquisition of controlling stake in company by Japanese Promoters

Supreme Court orders Jaiprakash Associates to pay Rs 50 Lakh to Developer Township Property Owner welfare Society

Modi, Abe lay foundation stone for Rs 1.1 lakh crore Bullet Train

 
CORP BRIEF
  MCA gives nod to Malaysian Association for adoption of ICSI's Secretarial Standards  
MCA CIRCULAR
  Obligation to comply with Ind AS and Rule 4 of Companies (IAS) Rules, 2015 - Payment Banks, Small Finance Banks which are subsidiaries of Corporates  
RBI NOTIFICATION
  Emirates NBD Bank included in RBI Second Schedule  
DIPP NOTIFICATION
  Govt amends Registration & Licensing of Industrial Undertaking Rules for appointment of committees  
SARFAESI ACT
  Changes in SARFAESI Act 2002, impacting collection of taxes out of attached properties  
CORP EINSICHT
  Financial Inclusion - A catalyst for Growth & Welfare  
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