2020-TIOLCORP-NEWS-174| Friday August 28, 2020

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COMPANIES LAW
2020-TIOLCORP-90-NCLAT

Karan Gambhir Vs Liquidator For Forgings Pvt Ltd

Whether appeal is rightly dismissed as NCLT granted opportunity to Appellant to place on record any evidence in support of its claim that it is industrial land and produce any person who is prepared the purchased land at a higher price than Reserve price but Appellant fails to do so - YES : NCLAT

- Appeal dismissed: NCLAT

 
IP LAWS
2020-TIOLCORP-34-HC-DEL-IPR

Amazon Seller Services Pvt Ltd Vs Amway India Enterprises Pvt Ltd

Whether DSGs(2016) are legally binding- NO: HC

Whether sale of direct sellers' products on e-commerce platforms violates their trademark rights- NO: HC

Whether e-commerce platforms are intermediaries entitled to protection u/s 79 of the IT Act - YES: HC

- Appeal allowed: DELHI HIGH COURT

 
HIGH LIGHTS (SISTER PORTAL)
  TIOL

India has only 22% active cases of total COVID cases

COVID-19 - 'Mental' state of global mental health - Let's invest, says WHO

Faceless Assessment aims at ease of compliance, says Mumbai Pr CCIT

Textile Grand Challenge to produce ideas to slough off plastic bags

TOG

PM stresses on becoming Atmanirbhar in Defence Manufacturing

Goa will provide tap connections to 100% households by 2020-21

 

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FLASH NEWS
FinMin instructs PSBs to put in place mechanism to monitor cases where they might need to file individual insolvency petitions against personal guarantors

GMR Infrastructure plans strategic restructuring of business by spin-off and listing of airports business

To focus on its main website,  Walmart divests two its online brands

 
CORP BRIEF
Comfort Investments gets CCI nod to acquire equity of Nxtra Data

40 crore beneficiaries banked under PMJDY since inception: FM

 
SEBI CIRCULAR
Execution of Power of Attorney (PoA) by the Client in favour of the Stock Broker / Stock Broker and Depository Participant

'Grievance Resolution between listed entities and proxy advisers' - Extension of timeline for implementation

 
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Recovery of Debts and Bankruptcy Act, 1993  
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