2020-TIOLCORP-NEWS-115| Friday June 05, 2020

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COMPANIES LAW
 

2020-TIOLCORP-03-SC-IBC-LB

Abhay N Manudhane Vs Gupta Coal India Pvt Ltd

Whether delay in filing appeal against order passed by NCLAT can be condoned by Apex court in deserving cases - YES : NCLAT

- Application allowed :SUPREME COURT OF INDIA

2020-TIOLCORP-60-NCLAT

State Bank of India Vs Metenere Ltd

Whether an ex-employee of ‘Financial Creditor' having rendered services in the past for four decades, should not be permitted to act as ‘Interim Resolution Professional' - YES : NCLAT

- Order passed in favour of Respondent : NCLAT

 
MISCELLANEOUS

2020-TIOLCORP-78-HC-DEL-MISC

Jasdan Energy Pvt Ltd Vs Inox Wind Ltd

Whether when failure to join video conferencing is simply technical in nature though Counsels have tried alot to log in, then it should be accepted - YES: HC

- Case allowed : DELHI HIGH COURT

 
HIGH LIGHTS (SISTER PORTAL)
 

TIOL

COVID-19 - MSMEs hurt badly; 44 WTO Members take measures: Report

Centre releases Rs 36,400 Cr as GST Compensation to States

FDI can be explored for NBFC sector: Gadkari

COVID-19 - India pledges USD 15 mn to international Vaccine Alliance

TOG

Grant of Industrial Entrepreneur Memorandum - Paperless process put in place

 

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CORP BRIEF

Liquidators' powers of Debt Recovery - SC to decide on recent Amendment

Periodic Labour Force Survey: NSO releases Annual Report for July, 2018 to June, 2019

CCI okays merger of Peugeot S.A & Fiat Chrysler Automobiles N.V.

 
CIRCULAR

SEBI/HO/IMD/DF6/CIR/P/2020/92

Relaxation in compliance with requirements pertaining to AIFs and VCFs

 
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