2017-TIOLCORP-NEWS-184| Saturday, September 16, 2017

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COMPANIES LAW
  2017-TIOLCORP-02-NCLAT

James Hotels Ltd Vs Punjab National Bank

Whether NCLT can give directions and issue notices to appropriate authorities and parties to find out truth of allegation of fraudulent or malicious initiation of the proceedings and the Appellate Tribunal is not expected to interfere in such order - YES : NCLAT

- Appellant's Appeal Dismissed: NCLAT

 
CAPITAL MARKET LAWS
  2017-TIOLCORP-48-SEBI

Karvy Stock Broking Ltd

Whether pending Adjudication Proceedings can be disposed of in view of the acceptance of the settlement terms as proposed by Karvy Stock Broking Limited -YES: SEBI

- Directions Imposed: SEBI

 
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FLASH NEWS
  Seminar on insolvency resolution and cross border insolvency to be held on October 27, 2017 at New Delhi

HPL Electric & Power makes Commercial papers issue of Rs 200 crores

Mahanagar Gas Commences PNG Supply in Dombivili

Standard Chartered Bank initiates CIRP against Ruchi Soya Industries under Bankruptcy Code

 
CORP BRIEF
  Minister urges corporate to chip in 7% of CSR funds for SBM

UCO Bank receives notice from Officers' Union for strike

 
RBI CIRCULAR
  Export Data Processing and Monitoring System (EDPMS) Issuance of Electronic Bank Realisation Certificate (eBRC)  
CORP EINSICHT
  Financial Inclusion - A catalyst for Growth & Welfare  
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