2020-TIOLCORP-NEWS-191| Tuesday September 22, 2020

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COMPANIES LAW
2020-TIOLCORP-09-SC-CA-LB

Sagufa Ahmed Vs Upper Assam Plywood Products Pvt Ltd

Whether the period of limitation of 45 days prescribed in Section 421(3) starts running only from the date on which a copy of the order of the Tribunal is made available to the person aggrieved - YES : SC

- Appeal dismissed: SUPREME COURT OF INDIA

2020-TIOLCORP-98-NCLAT

Vipul Ltd Vs Solitaire Buildmart Pvt Ltd

Whether the amount claimed by the Appellant can be construed as a 'Financial debt' u/s 5 (8) of IBC when both parties are Joint Development Partners – NO: NCLAT 

Whether the Appellant be termed as a 'Financial Creditor' u/s 5 (7) of IBC when both parties are Joint Development Partners – NO : NCLAT 

- Appeal dismissed: NCLAT

 
MISCELLANOUS
2020-TIOLCORP-131-HC-MAD-MISC

Trans Union Cibil Ltd Vs PC Baskar

Whether interim relief u/s 9 of the Arbitration and Conciliation Act can be granted in adispute regarding information disseminated by a credit institution -YES: HC

- Appeal disposed: MADRAS HIGH COURT

 
HIGH LIGHTS (SISTER PORTAL)
  TIOL

IFSCA Panel submits interim report on international retail business

46K villages in Bihar to be connected with OFC Internet by Mar 31, 2021

IEA, NITI Aayog launch Report on Sustainable Recovery

Railways needs Rs 50 lakh Cr by 2030; to rely more on PPP

Deficits and fulfilling promises to States - A different view

TOG

Measures taken to improve safety and security in Railways

Manual of Office Procedure lays down norms for reply to MPs

CCEA approves hiked MSP for Rabi Crops

'Make-In-India' program For weavers in operation

 

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FLASH NEWS
Indian cold chain operators to prepare an efficient logistics network to ensure smooth delivery of  covid-19 vaccines  to its more than 1.3 billion people

Huawei Technologies continue to cut staff numbers and investment in Australia  amid strained relations between Beijing and Canberra

OYO  Hotels & Homes, appoints Tejal Patil as Senior Legal Advisor for India & South Asia

Haryana enacts law ( Haryana Development and Regulation of Urban Areas (second amendment and validation) Bill, 2020 ) to validate de-licensing of land
 
CORP BRIEF
Parliament passes Essential Commodities Amendment) Bill, 2020

Govt keeps revising FDI policy periodically: Goyal

Railways floats revised tender of semi-high speed 44 Vande Bharat trains sets

 
SEBI CIRCULAR
Write-off of shares held by FPIs  
MCA NOTIFICATION
NCLAT (Recruitment, Salary and other Terms and Conditions of Service of Staff Car Drivers) Rules, 2020  
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