2020-TIOLCORP-NEWS-133| Wedneday July 01, 2020

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TIOL Mail Update
 
COMPANIES LAWS
  2020-TIOLCORP-26-HC-DEL-IBC

Pankaj Aggarwal Vs UoI

Whether an application u/s 9 can be accepted by NCLT even in a case where the default amount is less than Rs. 1 Crore - NO : HC

- Writ disposed of: DELHI HIGH COURT

2020-TIOLCORP-71-NCLAT

Excel Infra Logistics Pvt Ltd Vs Karnani Solvex Pvt Ltd

Whether application filed by Operational Creditor u/s 9 can be rejected on the ground that there is no evidence of a dispute between the parties - NO: NCLAT

- Appeal allowed: NCLAT

 
HIGH LIGHTS (SISTER PORTAL)
 

TIOL

GST collections bounce back to about Rs 91000 Cr in June month

Govt plans to kickstart cashless treatment of motor accident victims

GST - DGGI books unregistered pan masala unit

Amendments in Stamp Act, 1899 relating to securities market come into force from today

GST - Misclassification of DGS - Distillers raided

Core Sector - Contraction rate decelerates in May

Tomar flags off helicopter services for locust control through aerial spray

GST is here to stay; Let's not butt heads over the Basics

GST - An agenda for reforms - Part - 84 - GST completes three years - Tolerating free samples

TOG

30 lakh units of MSMEs received help under ECLGS: Govt

PMGKAY Scheme extended till Nov-end: PM

 

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FLASH NEWS
DHL temporarily suspends picking up import shipments from China to India

Hero MotoCorp's June sales decline by 26%

A boiler blast at Tamil Nadu's Neyveli Lignite Power Plant and kills six people

 
CORP BRIEF
Indian Oil, NTPC & SDMC ink MoU for Waste to Energy plant in Delhi

MDoNER to coordinate with DoT to augment high-speed net facility across NE

India's AI-enabled MyGov Corona Helpdesk bags two awards at Global Summit

 
SEBI CIRCULAR
Collection of stamp duty on issue, transfer and sale of units of AIFs  
NOTIFICATION
SLS Trust for Recovery of Debts and Bankruptcy Act  
RBI NOTIFICATION
Special liquidity scheme for NBFCs/HFCs  
IBBI NOTIFICATION
IBBI (Insolvency Professionals) (Second Amendment) Regulations, 2020  
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