2020-TIOLCORP-NEWS-19 | Monday, January 27, 2020

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COMPANIES LAW
 
2020-TIOLCORP-13-NCLAT

Ankit Mittal Vs Ankita Pratisthan Ltd

Whether even though person objecting scheme does not hold minimum threshold limit of shares or outstanding debt still Tribunal has duty to look into issue so as to see whether scheme as whole is just, fair and reasonable - YES : NCLAT

- Appeal allowed: NCLAT

MISCELLANEOUS
 
2020-TIOLCORP-14-HC-MAD-MISC

Strides Air Systems Pvt Ltd Vs SBI

Whether during pending litigation, auction sale of two properties of borrower is coercive process undertaken by lender bank in hasty manner if sale notice is served for less than 30 clear days and properties are sold for less amount than value at which borrower seek right of redemption and settle the loan account on its own - YES : HC

- Case Allowed: MADRAS HIGH COURT

HIGH LIGHTS (SISTER PORTAL)
  TIOL

Foreign bodies have no locus standi to interfere in India's internal affairs: Naidu

India-Brazil set target of USD 15 billion trade by 2022: Goyal

Padma Awards - Mary Kom, Manohar Parrikar, Ekta Kapoor & Kangana Ranaut figure in Lists

Sexual Abuse of Children - Rajya Sabha Panel makes 40 recommendations

TOG

PM to address 3rd Global Potato Conclave

GeM to help harmonize procurement guidelines in UP

India, Brazil eye achieving trade worth USD 15 Bn by 2022

Bharat Parv 2020 - Celebrating Gandhiji's legacy is theme

 

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FLASH NEWS
 
Air India for sale: bidders must absorb USD 3.3 bn in debts

Iqbal Mirchi money laundering case: ED arrest DHFL’s Kapil Wadhwan

CORP BRIEF
  Disinvestment - Air India has youngest fleet of 146 aircrafts

India & Brazil aim to achieve trade worth USD 15 Bn by 2022

SEBI CIRCULAR
  Review of Margin Framework for Commodity Derivatives Segment
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