2020-TIOLCORP-NEWS-102| Thursday May 21, 2020

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MISCELLANEOUS

2020-TIOLCORP-70-HC-DEL-MISC

Distribution Logistics Pvt Ltd Vs BPB Builders Pvt Ltd

Whether by virtue of Business Transfer Agreement, entire business undertaking transfers including arbitration agreement thus petitioner has stepped into shoes of ETA and can seek appointment of Arbitrator to resolve dispute - YES: HC

- Order passed in favour of petitioner: DELHI HIGH COURT

2020-TIOLCORP-69-HC-DEL-MISC

Horlicks Ltd Vs Zydus Wellness Products Ltd

Whether if visual advertisement of six seconds only, gives insufficient time to note disclaimer put in it thus interim injunction can be granted otherwise plaintiffs would suffer an irreparable loss - YES : HC

Whether in comparative advertisement, comparison of two products cannot be false as it would cause confusion in mind of consumer who may be mislead - YES : HC

- Order passed in favour of Plaintiff: DELHI HIGH COURT

 
HIGH LIGHTS (SISTER PORTAL)
 

TIOL

No Linen, blankets & curtains - Railways to run 100 pairs of trains from June 1

DoPT exempts pregnant women & persons with disabilities from attending office

FM urges Industry to reset relations with labour

Govt approves procurement of 26 defence items only from local suppliers

S.140 of CGST Act - Retrospective amendment - 6 takeaways

GST - Need for 'Bearer Centric Approach'

COVID-19 - Economic Stimulus - Supply vs Demand - A Cause Celebre!

TOG

COVID-19 - India has 7.9 cases per lakh population compared to global 62.3

Finance Commission's Committee on Fiscal Consolidation Roadmap to meet today

 

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NEWS FLASH
Softbank to sell 5% stake in its Japan telecom unit to raise $41 bn

Carmen Reinhart becomes chief economist & VP at World Bank

Domestic Airlines to resume flight from May 25

 
CORP BRIEF
Local to Global: Khadi Masks heading for debut in foreign markets

COVID19 - Commercial launch of home-grown test kit scheduled for today

Gadkari bats for technology upgradation & wooing FDI to combat post COVID scenario

 
SEBI NOTIFICATION
SEBI renews recognition of NICCL as clearing corporation for 1 yr

SEBI renews recognition of NSE IFSC Ltd as stock exchange for 1 yr

 
SEBI CIRCULAR

Review of Post-Default Curing Period for CRAs

 
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