2020-TIOLCORP-NEWS-116| Monday June 08, 2020

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COMPANIES LAW
  2020-TIOLCORP-61-NCLAT

Allahabad Bank Vs Poonam Resorts Ltd

Whether NCLT cannot direct a forensic audit and engage in a long drawn pre-admission exercise at stage of admission of application u/s 7 rather it should refer to records of information or other evidence provided by the Financial Creditor - YES: NCLAT

- Appeal allowed: NCLAT

 
IP LAWS
  2020-TIOLCORP-23-HC-DEL-IPR

Pt Ved Prakash Beverages Vs Crystal Beverages

Whether merely because cold drink bottles containing label having infringed mark is important piece of evidence to be produced before Trial Court, not the entire 2500 boxes need to be seized and after seizing one box as sample rest can be released - YES : HC

- Order passed partly in favour of Appellant: DELHI HIGH COURT

 
MISCELLANEOUS
2020-TIOLCORP-21-SC-MISC-LB

Centrotrade Minerals And Metals Inc Vs Hindustan Copper Ltd

Whether during arbitral proceedings, time limits given by Arbitrator to submit reply must be strictly followed - YES : SC

Whether submitting documents and legal submissions outside timelines granted by arbitrator and chose not to appear before arbitrator during proceedings is wrong - YES : SC

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

 
HIGH LIGHTS (SISTER PORTAL)
 

TIOL

COVID-19 - Task Force keeps calibrating India's response to emerging scenario: Govt

COVID BEEP - An antidote to original Coronavirus

NITI hosts debate on use of digital tech for ADR

Corporate Debtor under GST - A new lifeline in light of GST Laws

TOG

COVID-19 - Health Secretary reviews measures for containment

COVID-19 - Mission Sagar - INS Kesari at Port Victoria, Seychelles

820 centrally protected monuments open today

 

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FLASH NEWS
Hero MotoCorp launches digital platform, eSHOP, to boost sales

Macpower CNC Machines launching all new generation machine series 2020

Swiggy to shut down its on-demand premium food delivery service Scootsy

 
CORP BRIEF
India, Denmark sign MOU for cooperation in power sector

REC Ltd pledges to distribute food packets to 5000 labourers

111 LMT food grains lifted through 3965 rail rakes during lockdown: Govt

Operation Samudra Setu - 700 Indians arrive at Tuticorin from Maldives

 
SEBI CIRCULAR
Framework for Regulatory Sandbox

Participation of Mutual Funds in Commodity Derivatives Market in India

 
MCA NOTIFICATION
Companies (Share Capital and Debentures) Amendment Rules, 2020  
IBBI NOTIFICATION
IBC (Amendment) Ordinance, 2020  
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