2020-TIOLCORP-NEWS-105| Monday May 25, 2020

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MISCELLANEOUS
2020-TIOLCORP-70-HC-DEL-MISC

Leighton India Contractors Pvt Ltd Vs DLF Ltd

Whether encashment of performance bank guarantee is justified by DLF without informing the contractor especially when the contract between parties still continues - NO: HC

- Order passed in favour of petitioner: DELHI HIGH COURT

2020-TIOLCORP-69-HC-DEL-MISC

Tata Advanced Systems Ltd Vs Telexcell Information Systems Ltd

Whether since no application has been filed by Respondent u/s 17 for issuance of bank guarantee or any other similar relief, Tribunal is not justified in granting relief on matter not even set up in a case - YES : HC

- Order passed in favour of Appellant: DELHI HIGH COURT

 
HIGH LIGHTS (SISTER PORTAL)
 

TIOL

MV Rules - Govt validates fees paid but not completed & condones dealys till lockdown

COVID-19 - No of fresh cases growing, so does Recovery: Govt

60% of Shramik Specials originate from 3 States for UP & Bihar: Govt

Emission norms for L7, Quadricycle, category for BS VI notified

COVID-19 - Kangra tea found to be more effective; HCQ to be discontinued

COVID-19 - Hotspots - Gully patrolling teams doing good work

TOG

Opposition raising bogey of J&K 'demography' for vote bank: MoS

MHA issues SOPs for movement of Nationals stranded outside India

 

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NEWS FLASH
SpaceX to ferry two NASA astronauts to space on Wednesday; first from US soil after 9 years

Employees from Maruti, Hyundai tests Covid-19 positive as Automakers resumed operations

Alibaba backed Big Basket eyes Goldman Sachs & Morgan Stanley help to raise funding of $200 mn

Airline booking row: SC reprimands govt to allow booking of middle row seats

SC: Health of citizens important than Airlines health

Cellular Operator Association seeks swift decision on floor price from TRAI

IL&FS to sell 26% stake in OTPC; floats EoI

ITC to acquire spice maker Sunrise Foods Pvt Ltd

 
CORP BRIEF
Bihar Postal Circle to deliver 'Shahi Lichi' & 'Zardalu Mango' at doorsteps

COVID19 - India ramps up 1.5 lakh tests per day: Health Minister

 
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