2020-TIOLCORP-NEWS-149| Thursday July 23, 2020

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COMPANIES LAW
  2020-TIOLCORP-78-NCLAT

Vijay Kumar V Iyer Vs Bharti Airtel Ltd

Whether Accounting Conventions cannot supersede any express provisions of I&B Code, 2016 - YES : NCLAT

- Appeal allowed: NCLAT

 
CAPITAL MARKET LAWS
  2020-TIOLCORP-26-SAT

ICICI Bank Ltd Vs SEBI

Whether since signed binding agreement has been price sensitive and material to the performance of the appellant, it should have been disclosed on an immediate basis, failure to do same attract penalty - YES : SAT

Whether information relating to signing of a Binding Implementation Agreement by Director of appellant with dominant Shareholders of the Bank of Rajasthan is liable to be disclosed on an immediate basis under Listing Agreement and SEBI Regulations - YES : SAT

- Appeal dismissed: SAT

 
HIGH LIGHTS (SISTER PORTAL)
  TIOL

Govt working on financial package for manufacturing sector: DEA Secretary

FM reviews CAPEX of CPSEs

Post-COVID-19 - It's going to be Multi-Polar World with India being one powerful pillar!

Understanding Export Finance - GST handholding needed

India emerging as land of opportunities: PM

Digital platforms have to be accountable towards sovereign: Union Minister

TOG

COVID-19: Highest ever single day recoveries - Nearly 30,000

PM flags off extensive water supply project in Manipur

DRDO sets up COVID testing facility at Leh

 

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FLASH NEWS
RBI invites stakeholders comments on ‘Report of the Committee for Analysis of QR (Quick Response) Code’

Google India Digital Services intimate Delhi High court that it act as Third Party Application Provider to partner banks and does not require RBI authorisation

Google plans to approach CCI to seek approval for its Rs 33,737 crore investment in Jio Platforms for a 7.73 per cent stake

 
CORP BRIEF
VP expresses concern over COVID-induced financial strain on media

EPFO payroll data: 3.18 lakh net new subscribers registered in May

SEBI Chairman favours pulling new retail investors to capital market

 
SEBI CIRCULAR
Reporting to Stock Exchanges regarding violations under SEBI (Prohibition of Insider Trading) Regulations, 2015 relating to the Code of Conduct (CoC)

Allowing Offer for Sale (OFS) and Rights Entitlements (RE) transactions during trading window closure period

 
SEBI NOTIFICATION
SEBI - Settlement Proceedings - Amendment Regulations, 2020  
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