2020-TIOLCORP-NEWS-124| Thursday June 18, 2020

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COMPANIES LAW
  2020-TIOLCORP-68-NCLAT

Ritu Murli Manohar Goyal Vs SVG Fashions Ltd

Whether issuance of cheques by Corporate Debtor towards part payments of debt would amount to an acknowledgment of debt, giving fresh life to claim of operational creditor if such issuance of cheques is beyond prescribed period of three years - NO : NCLAT

Whether combined reading of demand notice and application filed for Resolution Process establishes that default has occurred on 7th October, 2013 and application u/s 9 of code is filed on 20th April, 2018, after the expiry of limitation period - YES : NCLAT

- Appeal allowed: NCLAT

 
MISCELLANEOUS
 

2020-TIOLCORP-82-HC-DEL-MISC

More Retail Ltd Vs Anant Raj Projects Ltd

Whether considering submission of respondent that it would not dispossess petitioner, or interfere with the working of petitioner, in leased premises, no action/interim relief is to be granted by court - YES : HC

- Petition disposed of: DELHI HIGH COURT

 
HIGH LIGHTS (SISTER PORTAL)
 

TIOL

India-China border tensions - If provoked, we will give befitting reply: PM

Govt notifies Rs 2400 rate for COVID-19 test in Delhi

Railways deploys 960 COVID-Care Coaches in 5 States; 503 in Delhi at 9 locations

FinCom meets Jal Shakti Ministry on Grants to local bodies

Scary Surge in 'fire-spitting' Dragon - Policy Therapists need to work on 'befitting reply'!

TOG

Rs 73,500 Cr paid to 42 lakh farmers towards MSP for wheat

Prime Minister Modi to address launching of Auction of 41 Coal Mines for Commercial Mining on 18th June, 2020

 

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FLASH NEWS
Railway PSU to terminate contract awarded to Chinese firm due to non performance

Reliance Industries  to buy stake in some companies of Future Group

Trade unions serve 3-day strike notice in Coal India which can cause production loss of nearly four million tonnes

 
CORP BRIEF
PM launches Auction process of Coal blocks for Commercial mining

NHAI expedites settlement of claims through conciliation

PM urges CMs to ramp up health infra to grapple with COVID-19

 
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