2020-TIOLCORP-NEWS-145| Friday July 17, 2020

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MISCELLANEOUS
 

2020-TIOLCORP-97-HC-MUM-MISC

Liberty Garden Chs Ltd Vs KT Group

Whether merely because claimant initially prayed for specific performance of the Development Agreement and subsequently, terminated the same does not imply waiver on the part of the claimant for the breaches committed by respondent under Agreement - YES: HC

- Arbitration Petition partly allowed: BOMBAY HIGH COURT

2020-TIOLCORP-96-HC-DEL-MISC

Janapriya Engineerss Syndicate Pvt Ltd Vs UoI

Whether drafting of Award does not suggest that Award has been made and is ready to be delivered - YES: HC

Whether application u/s 39 is maintainable only when the Award is made, but not delivered to the parties as a party has not paid the fee demanded by the arbitrator and not otherwise - YES : HC

- Petition dismissed: DELHI HIGH COURT

 
HIGH LIGHTS (SISTER PORTAL)
  TIOL

Goyal broaches TVPRA issue with US Secretary of Commerce

Centre releases Rs 15K Crore grants-in-aid to 2.63 lakh rural local bodies in 28 States

Govt committed to protect plastic industry: Mandaviya

COVID-19: Govt allows all registered medical practitioners to recommend testing

Battery operated vehicles - A classification diaspora

TOG

KVIC opens state-of-the-art Footwear Training Center for leather artisans

First on-line NISHTHA program for 1200 Resource Persons of AP launched

 

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FLASH NEWS
Reliance Industries is plowing USD 4.7 billion dollars into Indian debt funds after receiving cash from stake sales and a rights issue

SoftBank Group Corp sales additional USD 2.2 billion of its stake in Alibaba Group Holding

HCL Tech appoints Roshni Nadar as chairperson

 
CORP BRIEF
NTPC enters pact with NIIF to explore business opportunities

India, EU agree to renew pact on scientific cooperation

Railway Minister calls for crowd-sourcing of ideas for boosting profitability

Health Minister inaugurates Rajkumari Amrit Kaur OPD Block of Delhi AIIMS

5-Day Online Orientation Program at IIM Jammu inaugurated

 
SEBI CIRCULAR
Manner and mechanism of providing exit option to dissenting unit holders pursuant to Regulation 22(5C) and Regulation 22(7) of SEBI Infrastructure Investment Trusts Regulations, 2014 ("SEBI (InvIT) Regulations")

Manner and mechanism of providing exit option to dissenting unit holders pursuant to Regulation 22(6A) and Regulation 22(8) of SEBI Real Estate Investment Trusts Regulations, 2014 ("SEBI (REIT) Regulations")

 
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