2020-TIOLCORP-NEWS-136| Monday July 06, 2020

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TIOL Mail Update
 
COMPANIES LAW
  2020-TIOLCORP-28-HC-KOL-HC

SSN Retail Pvt Ltd Vs Official Liquidator

Whether Sec 535 of Companies Act provides statutory remedy to owner/remedy of possession of property from Official Liquidator without requirement of filing any suit for eviction - YES : HC

- Direction Issued: CALCUTTA HIGH COURT

2020-TIOLCORP-72-NCLAT

KK Capital Services Ltd Vs Sristi Hospitality Pvt Ltd

Whether merely disputing the claim of operational creditor by corporate debtor can be a ground for rejection of application u/s 9 - NO: NCLAT

- Appeal allowed: NCLAT

 
HIGH LIGHTS (SISTER PORTAL)
 

TIOL

COVID-19 impact on Start-ups - 12% down shutters; 70% adversely hurt

140 in race to develop vaccine for Coronavirus; COVAXIN gets official nod

Prof Raghavan favours use of CSR funds for R&D

Availability of ITC in respect of duty/tax paid after July 2017 for past transactions under CEA, 1944/FA, 1994/CA, 1962

Taxability of Trusts and Institutions

TOG

Railways takes steps to solarise stations; tenders floated

COVID-19: Daily no rapidly surging; So does Recovery Rate

Ministers launch ‘Fit Hai to Hit Hai India' campaign for school children

 

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FLASH NEWS
Uber Technologies approves $2.65 billion all-stock acquisition deal with Postmates Inc

CAIT advice government to restrict Chinese companies from participating in 5G rollout in India

Coronavirus pandemic prompts need for automation in enterprises said Manish Bharti, president, India and South Asia, UiPath

 
CORP BRIEF

WB, India sign $750 mn pact for Emergency Program for MSMEs

Record fertilizer sale of 111.61 lakh MT recorded during Lockdown

Haryana to provide tap connections to all rural households by Dec, 2022

 
CORP EINSICHT
Banning Chinese Apps - an opportunity for Indian start-ups  
SEBI NOTIFICATION
SEBI (Investment Advisers) (Amendment) Regulations, 2020  
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