2020-TIOLCORP-NEWS-12 | Thursday, January 16, 2020

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COMPANIES LAW
 
2020-TIOLCORP-04-HC-MUM-IBC

Kamal K Singh Vs UoI

Whether if suspension of board of corporate debtor & takeover by Interim Resolution Professional happens without service of order by the NCLT or without uploading the order in NCLT website, the High Court can step in & issue certiorari to set aside the admission of insolvency petition - YES: HC

- Writ petition allowed: BOMBAY HIGH COURT

FEMA & PMLA
 
2020-TIOLCORP-02-TRIBUNAL-PMLA

Bharat Tube Glass Ltd Vs Directorate of Enforcement

Whether application for restoration of appeal, filed after an inordinate 1350-day delay, warrants being entertained, where it is not supported by application for condonation of delay or by any prayer to such effect, stating any valid reasons for such delay - NO: Tribunal

- Application dismissed: PMLA

HIGH LIGHTS (SISTER PORTAL)
  TIOL

Gaganyaan astronauts' 11-month training to roll out from Jan-end: MoS

India's trade deficit on decline - Looks good!

Budget 2020 - What may cheer up Taxpayers & also FM?

TOG

India, Norway to expand collaboration in MSMEs & clear energy

India, Bangladesh hold Secy-level trade talks

No import in Others category without HSN Code: Goyal

 

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FLASH NEWS
 
ED summons Air Asia CEO Tony Fernandes on January 20 under PMLA

Hinduja Group pulls out from race to acquire Jet Airways; only Synergy Group & Prudent ARC Ltd remains

DCGI approves Wockhardt's antibiotic EMROK in Intravenous & oral forms to treat superbug infections

CORP BRIEF
 
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