2020-TIOLCORP-NEWS-112| Tuesday June 02, 2020

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COMPANIES LAW
  2020-TIOLCORP-24-HC-DEL-CA

Kuber Securities Ltd Vs CRB Capital Markets Ltd.

Whether appeal can be dismissed for concealment of facts as no reference is made to past claim made in 2011 for transfer of shares to own name and failure therein - YES : HC

Whether merely by change of counsel and by passage of long time, orders passed earlier cannot be changed - YES : HC

- Appeal dismissed: DELHI HIGH COURT

2020-TIOLCORP-57-NCLAT

Savan Godiwala Vs Apalla Siva Kumar

Whether if sums due to any employees from the Provident, Pension or Gratuity Fund, don't form part of the liquidation estate of the Corporate Debtor, a Liquidator can't be compelled to make provision for payment of Gratuity to workers on the highest priority - YES: NCLAT

- Appeal allowed: NCLAT

 
MISCELLANEOUS
2020-TIOLCORP-20-SC-MISC

Telangana State Southern Power Distribution Company Ltd Vs Srigdhaa Beverages

Whether liability towards previous electricity dues of last owner can be recovered from auction-purchaser of unit if sale is on “AS IS WHERE IS, WHATEVER THERE IS AND WITHOUT RECOURSE BASIS” - YES: SC

- Order passed in favour of Appellant: SUPREME COURT OF INDIA

2020-TIOLCORP-76-HC-MUM-MISC

Metro Shoes Ltd Vs Flipkart India Pvt Ltd

Whether after expiry of aggregate period of 120 days, defendant forfeits its right to file written statement and no court can allow such written statement to be taken on record - YES : HC

- Application dismissed: BOMBAY HIGH COURT

 
HIGH LIGHTS (SISTER PORTAL)
 

TIOL

Drive to be launched to give Kisan Credit Cards to 1.5 Cr dairy farmers

HM reviews preparedness for another cyclone but in Arabian Sea

PM launches CHAMPIONS - Technology Platform to empower MSMEs

COVID-19 - Brief analysis of some of the transfer pricing issues

TOG

Minimum Support Prices for Kharif Crops for marketing season 2020-21 hiked

SPIC MACAY's Convention - When 130 crore people come together it becomes music: PM

Innovative sanitization solutions receive Govt support

 

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FLASH NEWS
Govt notifies new Mineral Concession Rules & also notifies new investment & turnover threshold limits for MSMEs  
CORP BRIEF
Rs 812 Crore approved for Odisha under 'Jal Jeevan Mission'

PM chairs first Cabinet Meeting of second year in office

 
MCA NOTIFICATION
Govt notifies appointments to ICSI Quality Review Board; Ms Nishi Singh, ex-CBDT becomes Chairperson  
MSME NOTIFICATION
Govt notifies new criteria for classification of MSMEs w.e.f July 01  
SEBI REPORT
Report of the working group on Social Stock Exchange  
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