2020-TIOLCORP-NEWS-132 Tuesday June 30, 2020

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TIOL Mail Update
 
COMPANIES LAWS
  2020-TIOLCORP-70-NCLAT

Srikanth Dwarakanath Vs Bharat Heavy Electricals Ltd

Whether Secured Creditors have the right to realize security interest under liquidation process without having requisite 60% value in Secured Interest - NO: NCLAT

- Appeal allowed: NCLAT

 
COMPETITION LAWS
  2020-TIOLCORP-16-CCI

Prachi Agarwal And Swiggy

Whether Swiggy can be said to have acted in contravention of Section 4(2)(a) by imposing unfair price on the customers when not involved in fixing price of products/menus of restaurants on its platform - NO: CCI

- Order passed u/s 26(2): CCI

 
HIGH LIGHTS (SISTER PORTAL)
 

TIOL

PM chairs meeting to review preparations for COVID-19 vaccine

On its Third birthday, the return gift

MHA unlocks more activities but Lock hangs over Cinema halls, auditoriums & metro rail

Govt proscribes 59 Chinese mobile apps prejudicial to sovereignty of India

FinCom holds meeting HRD Ministry barons; discusses funds

NFL launches free testing of soil samples at farmers' door-steps

TOG

Beta version of PM SVANidhi Portal launched

Gaganyaan Project not affected by pandemic: MoS

Govt releases Public Debt Report for Q4

 

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FLASH NEWS
IndiGo to increase days of leave-without-pay for pilots to reduce cost

Vistara's 40% employees  to face 5-20% pay cut  till December, 2020

Swiggy ties up with ICICI Bank to introduces digital wallet

 
CORP BRIEF
Clean energy can aid India's economic recovery post-Covid-19: Report

India, WB ink for TN low-income groups housing projects

Total 99,207 MT of food grains distributed under AtmaNirbhar Bharat Package

Govt keen to boost ship repairing facilities in India

 
SEBI CIRCULAR
Relaxation in timelines for compliance with regulatory requirements

'Guidelines for Portfolio Managers' - Extension of implementation timeline

 
MCA NOTIFICATION
Companies (Removal of Names of Companies from Register of Companies) Amendment Rules, 2020  
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