2017-TIOLCORP-NEWS-234 | Tuesday, November 28, 2017

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TIOL Mail Update
TIOL TUBE VIDEO
  TIOLTube.com
 
 
 Legal Wrangle | International Taxation | Episode 63
 
 
 
CAPITAL MARKET LAWS
  2017-TIOLCORP-66-SEBI

Nathmall Giridharilall Steels Ltd

Whether Company shall be liable for penalty for not taking SCORES authentication within the stipulated time line as it amounts to default in compliance - YES: SEBI

- Directions issued: SEBI

 
IP LAWS
  2017-TIOLCORP-121-HC-DEL-IPR

Merck Sharp And Dohme Corporation Vs Aprica Pharmaceuticals Pvt Ltd

Whether order of permanent injunction to protect use of patented medicines can be passed based on reasonable apprehension that the defendant is going to launch a generic version of SITAGLIPTIN under the brand name ECOGLIPT in the Indian market - YES : HC

- Order passed in favour of Plaintiff: DELHI HIGH COURT

 
MISCELLANEOUS
  2017-TIOLCORP-17-SC-MISC

Agarwal Tracom Pvt Ltd Vs PNB

Whether forfeiting the deposit made by the auction purchaser is a part of the measures taken by the secured creditor u/s 13(4) of the Act and therefore, dismissal of the Writ petition is justified since alternative statutory remedy is available u/s 17 of the SARFAESI Act - YES: SC

Whether therefore, auction purchaser is entitled to challenge the action of the secured creditor (PNB) before the DRT by filing an application u/s 17(1) of the SARFAESI Act - YES: SC

- Appeal dismissed: SUPREME COURT OF INDIA

 
HIGHLIGHTS (SISTER PORTALS)
 

GST - National Anti-Profiteering Authority - Govt appoints Chairman + 4 Members (TIOL)

Budgetary Support against area-based exemption - CBEC notifies SOP for filing claim (TIOL)

Govt recruits 120 fresh Counsels for CBEC cases (TIOL)

15th Finance Commission to examine efforts by States to deepen GST tax net (TIOL)

CBEC Circular on IGST on sale of in-bond goods - More questions than answers (TIOL)

CBEC Circular 46/2017-Cus - certainly not innocuous! (TIOL)

GST on supply of goods while same are in Customs Bonded Warehouse (TIOL)

India, Russia concur to curb terrorism together (TOG)

INSPIRE 2017: EESL organises international symposium on clean energy technology (TOG)

Gangwar urges each State to create tripartite mechanisms (TOG)

MAP - Resolving TP cases takes 30 months as against 18 months by other cases (TII)

Action 14 - Peer Review of Australia, Japan & Ireland - Inputs invited (TII)

CBDT gears up for TP related MAP cases & APA applications (TII)

 

 

 

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FLASH NEWS
  Genus Power Infrastructures bags order for 13.5 lakh Smart Meters from EESL worth Rs. 453 crore

Infosys to Partner with State of Rhode Island to Open Design & Innovation Hub & Create 500 New Jobs in 5 Years

Sharika Enterprises becomes 211th Company to get listed on BSE SME Platform

 
CORP BRIEF
  Auction of Govt Securities worth Rs 15,000 crore

Skill India join hands with Airbnb to upskill hospitality micro-entrepreneurs

BHEL bags Rs. 64 Crore order for setting up STPs

Naidu to inaugurate CIC's Annual Convention on RTI

 
CORP EINSICHT
  Merger and Acquisition: New and Old  
TIOL TUBE VIDEOS
GST: Ek Desh Ek Kar | Episode 5
Insolvency and Bankruptcy Code | The Learning Curve
 GST Rebooted | simply inTAXicating
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