2020-TIOLCORP-NEWS-153| Wednesday July 29, 2020

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TIOL Mail Update
 
COMPANIES LAW

2020-TIOLCORP-01-NFRA

CA Rukshad Daruvala

Whether contentions of the accused are not tenable if there are no proofs in the Audit File establishing compliance with prescribed procedures - YES: NFRA

Whether allegation of professional misconduct sticks if the accused has not done due diligence in his capacity as EQCR Partner and has failed to point out anomalies - YES: NFRA

- Ruled against Accused: NFRA

 
MISCELLANEOUS
  2020-TIOLCORP-103-HC-DEL-MISC

ONGC Petro Additions Ltd Vs Ferns Construction Company Inc

Whether provisions of Section 29A(1) are applicable to all pending arbitrations seated in India as on August 30, 2019 and commenced after October 23, 2015 - YES : HC

- Application disposed of: DELHI HIGH COURT

 
HIGH LIGHTS (SISTER PORTAL)
  TIOL

GST team searches Aurangabad & Nashik-based breweries

COVID-19 Combat - FM praises AIIB for USD 10 bn fund for member countries

COVID-19: India tests more than 5 lakh per day for second day

Modi, Pravind Jugnauth to jointly inaugurate new Supreme Court Building of Mauritius

Repugnant Refund

TOG

Railways pulls freight traffic ahead of last year's level inspite of COVID 19

HRD Minister launches India Report - Digital Education June 2020

 

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FLASH NEWS
Vedanta to boost size of delisting loan to $3.25 billion

Deutsche Bank records 2nd-quarter profit despite loan losses

PFC collaborate with IIT-Kanpur for research, training in smart grid technology
 
CORP BRIEF
Cabinet approves MoU with Zimbabwe in field of Homeopathy

PM to address Banks & NBFCs today

FCI sets new records in procurement of food grains

 
SEBI CIRCULAR
Implementation of SEBI circular on ‘Margin obligations to be given by way of Pledge / Re-pledge in the Depository System

Relaxation in timelines for compliance with regulatory requirements

Relaxation in timelines for compliance with regulatory requirements

Extension of time for submission of financial results for the quarter/half year/ financial year ended 30th June 2020

 
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