2020-TIOLCORP-NEWS-20 | Tuesday, January 28, 2020

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COMPANIES LAW
 
2020-TIOLCORP-07-HC-DEL-CA

OIS Advanced Technology Pvt Ltd Vs State NCT of Delhi

Whether where it is found that the shares of the Company is held by the shareholders who are husband & wife, the properties of the company can be attached u/s 83 of CrPC in line with the properties of shareholders by lifting the corporate veil - YES: HC

- Petition dismissed: DELHI HIGH COURT

2020-TIOLCORP-14-NCLAT

DLF Ltd Vs Satya Bhushan Kaura

Whether after submission of Letter of Administration, the company's insistence on submission of affidavit & indemnity bond as a condition to transfer shares to the legal heirs of the deceased shareholder amounts to harassment of investors & warrants penalty - YES: NCLAT

- Appeal dismissed: NCLAT

HIGH LIGHTS (SISTER PORTAL)
  TIOL

DefExpo - Over 1000 Companies from 70 countries confirm participation

CoronaVirus - About 30K pax screened; No positive case detected so far

Govt takes steps to protect bankers taking genuine commercial decisions honestly

TOG

Govt steps up vigilance to check banking frauds

Railways revamp several stations to offer more amenities

Novel Coronavirus - Govt reviews preventive measures

DefExpo 2020 - Over 1000 companies participate

 

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FLASH NEWS
 
Infosys divest its stake in Denmark based startup UNSILO for USD 8 mn

HDFC Chairman: to invest Rs 100 cr every year in tech startups

Sachin Bansal resigns from Ujjivan Small Finance board
CORP BRIEF
  Govt directs banks to hasten disposal of vigilance cases

Railways commissions first waste to energy plant in Bhubaneswar

SEBI releases Working Group on RTP

SEBI CIRCULAR
  IPF Trust and Committees at Market Infrastructure Institutions (MIIs)
SEBI REPORT
  SEBI Report of the Working Group on Related Party Transactions
RULES
  Companies (Winding Up) Rules 2020
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