2017-TIOLCORP-NEWS-198| Friday, October 06, 2017

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 Black Money: Tightening of 'Loose' | simply inTAXicating
 
 
 
COMPANIES LAW
 

Jaskiran Sran Vs Cartel Attire Pvt Ltd

Whether when no fruitful purpose can be achieved by keeping the liquidation proceedings pending, order to winding up should be given u/s 481 of the Act - YES: HC

- Case allowed: DELHI HIGH COURT

 
CAPITAL MARKET LAWS
  2017-TIOLCORP-06-SC-CM

Dushyant N Dalal Vs SEBI

Whether even after the punishment of being debarred for 7 years for the default in payment within the stipulated time, the noticee is also liable for interest on the unlawful gain made till the date of the payment - No: SC

- Appellant's appeal allowed: SUPREME COURT OF INDIA

 
 
MISCELLANEOUS

 

Mku Ltd Vs UoI

Whether when there is Prima facie delay in making payment of the dues payable, grant of interest can be denied merely on ground that agreement between the parties is silent on payment of interest on delayed payment - NO: HC

Whether therefore, in absence of an agreement between the parties, the Arbitral Tribunal may include interest on the sum of Award at such rate as it deems reasonable - YES: HC

- Petition partly allowed: DELHI HIGH COURT

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Arrow Greentech   receives approval from European Patent authorities for Patent titled 'High Security Paper'

 
CORP BRIEF
  IBBI notifies Amendments in IRP Regulations

No of Public Sector Banks to come down to less than 15 from 22: Economic Advisor

Report of Committee on Corporate Governance : SEBI

Insolvency - Regulations notified for equity holding patterns in Information Utilities

 
SEBI CIRCULAR
  Categorization and Rationalization of Mutual Fund Schemes  
CORP EINSICHT
  Trips and Indian Intellectual Property law: A snapshot  
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