2017-TIOLCORP-NEWS-189| Friday, September 22, 2017

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Tiolcorplaws

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TIOL Mail Update
TIOL TUBE VIDEO
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COMPANIES LAWS
  2017-TIOLCORP-05-SC-IBC

Whether merely withholding of payments on account of breach of non-disclosure agreement is a serious and bona fide dispute between the parties and calls for proceedings under IBC - NO: SC

Whether, therefore, insolvency proceedings can be initiated on a sham, frivolous or vexatious dispute - NO: SC

Appeal allowed in favour of Appellant : SUPREME COURT OF INDIA

(Editor's Note: There was a minor error in our update sent yesterday. Sending you the corrected copy. Error is regretted.)

 
CAPITAL MARKET LAWS
  2017-TIOLCORP-49-SEBI

Paintex Chemicals (Bombay) Ltd

Whether noticee is liable for penalty for not initiating redressal of investor's complaint even after expiry of 2 years and seven month of filing in SCORES - YES: SEBI

- Directions Imposed: SEBI

 
IP LAWS
  2017-TIOLCORP-98-HC-DEL-IPR

Wockhardt Ltd Vs Zenith Remedies Pvt Ltd

Whether adoption of trademark ‘SPASMO-DON' in same pharmaceutical industry amounts to infringement of registered mark SPASMO- PROXYVON - YES : HC

- Order passed in favour of Plaintiff: DELHI HIGH COURT

 
HIGHLIGHTS (SISTER PORTALS)
   

 

 

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FLASH NEWS
  Reliance Home Finance shares listed on NSE & BSE today

MBL Infrastructures CIRP period extended for 90 days

PNB is considering option to collect funds through Equity Capital upto Rs. 5000 crores

  
CORP BRIEF
  RBI fiat for Nashik Zilla Girna Sahakari Bank  
MCA NOTIFICATIONS
  Amendment to MCA notification no. S.O. 3118(E), dated 3rd October, 2016

MCA issues dedicated FORM CRL-1 for holding companies having beyond more than 2 layers of subsidiaries

MCA restricts holding companies from having beyond more than 2 layers of subsidiaries w.e.f Sep 20, 2017

 
SEBI CIRCULAR
  Schemes of Arrangement by Listed Entities and (ii) Relaxation under Sub-rule (7) of Rule 19 of the Securities Contracts (Regulation) Rules, 1957

Integration of broking activities in Equity Markets and Commodity Derivatives Markets under single entity

Clarification to SEBI (IFSC) Guidelines, 2015 - Liquidity Enhancement Scheme (LES) Circular

 
RBI
 

Investment by Foreign Portfolio Investors in Corporate Debt Securities - Review

Issuance of Rupee Denominated Bonds (RDBs) Overseas

Trade Repository for OTC Foreign Exchange and Interest Rate Derivatives

 
CORP EINSICHT
  Winning Perception Battle In Enforcing Contracts Can't Hide Rot  
TIOL TUBE VIDEOS
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