2020-TIOLCORP-NEWS-177| Wednesday September 02, 2020

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COMPANIES LAW

2020-TIOLCORP-92-NCLAT

Vistara ITCL India Ltd Vs Dinkar Venkatasubramanian

Whether pledge of shares cannot fall within the concept of guarantee and indemnity so as to bring it within the meaning of financial debt - YES : NCLAT

- Appeal dismissed: NCLAT

2020-TIOLCORP-91-NCLAT

Andal Bonumalla Vs Tomato Trading Llp

Whether advance amount paid for supply of Sugar is not an Operational Debt and application for CIRP can not be admitted for default in repayment of same - YES : NCLAT

- Appeal allowed: NCLAT

 
MISCELLANOUES
2020-TIOLCORP-28-SC-MISC-LB

UoI Vs Association Of Unified Telecom Service Providers Of India

Whether it is for NCLT to decide whether licence or spectrum can be subjected to resolution process as an asset belonging to the telecom service providers - YES: SC

Whether period of 10 years is reasonable time to clear AGR dues with instalments by telecom giants - YES: SC

Directions Issued: SUPREME COURT OF INDIA

 
HIGH LIGHTS (SISTER PORTAL)
  TIOL

Cabinet okays 'Mission Karmayogi' - Program for Civil Services Capacity Building

All Ministries, PSUs & PSBs to discontinue printing diaries & calendars

Cabinet approves MoU with Japan for cooperation in field of quality textiles

Cap on MEIS benefits available to exporters till Dec 31

Coal India to invest over 1.22 lakh Crores on 500 Projects by 2023-24: Pralhad Joshi

Indian astronomers discover one of farthest Star galaxies

J&K industry leaders interact with FM & seek new industrial policy

GST Compensation Options

TOG

Ladakh & Lakshadweep integrated in national portability cluster of One Nation One Ration Card

About 2.65 LMT food grains successfully distributed up to 31st August

 

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FLASH NEWS
Justice Ajay Manikrao Khanwilkar  to become member of Apex Court Collegium

3one4 Capital, venture capital firm launches its third flagship early-stage venture capital fund, targeting a corpus of $100 million

Cred, digital community of creditworthy individuals, merchants and institutions, becomes  official partner of IPL 2020

 
CORP BRIEF
Cabinet okays MoU with Finland in field of mineral resources

IBBI announces results of the National Online Quiz

 
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