2020-TIOLCORP-NEWS-172| Wednesday August 26, 2020

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TIOL Mail Update
 
COMPANIES LAW
2020-TIOLCORP-36-HC-DEL-CA

RK Aggarwal Vs Official Liquidator

Whether appeal is not maintainable being filed by ex-Director of company in liquidation - YES: HC

- Appeal dismissed: DELHI HIGH COURT

2020-TIOLCORP-88-NCLAT

Allied Silica Ltd Vs Tata Chemicals Ltd

Whether appeal based on suppression of facts and information, misrepresentation and gross misconstruction of the provision of the business transfer agreement is not maintainable - YES : NCLAT

- Appeal dismissed: NCLAT

 
MISCELLANEOUS
2020-TIOLCORP-119-HC-MAD-MISC

South India Spinners Association Vs Tamil Nadu Generation & Distribution Corporation Ltd

Whether TANGEDCO order demanding maximum charges from high tension consumers should be quashed being illegal - YES : HC

Whether TANGEDCO should issue a revised bill by applying Regulation 6(b) of the Supply Code for period the establishments remained shut due to lockdown - YES : HC

Whether TANGEDCO cannot levy compensation charges towards low PF from assessees during the period of lockdown - YES : HC

Whether if TANGEDCO is to levy compensation charges in future, a show cause notice should be issued to the consumer before levying such charges - YES : HC

- Assessees's writ petition allowed: MADRAS HIGH COURT
 
HIGH LIGHTS (SISTER PORTAL)
  TIOL

GST - Sec 50 - No recoveries of interest for past period: CBIC

NITI Aayog releases report on Export Preparedness Index 2020

MCA maiden success in recovery of USD 3.25 million in Nirav Modi case from USA

CGHS starts tele-consultation services through e-Sanjeevani in NCR

Section 50 Notification Causes Widespread Fear

TOG

 

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FLASH NEWS

A group of more than 2,000 online sellers files antitrust case against Amazon in India

Accenture to lay off around 25,000 people of its global workforce with firings expected in India as well

Gillette India reports 1.85 % fall in net profit for quarter ended June 30

 
CORP BRIEF

Civil pensioners can store electronic PPO in Digi Locker

8,363 projects kick-started in Oil & Gas sector

 
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