2020-TIOLCORP-NEWS-201| Tuesday Ocotober 06, 2020

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TIOL Mail Update
 
COMPANIES LAW
2020-TIOLCORP-46-HC-MAD-CA

V Selvaraj Vs RBI

Whether an Independent Director can be held responsible for acts of commission/omission by a Company that occurred without his knowledge, consent or connivance - NO: HC

Whether an Independent Director can be classified as a Wilful Defaulter for acts of a Company when there is no evidence of wilful default on his/her part - NO: HC

- Case allowed: MADRAS HIGH COURT

2020-TIOLCORP-45-HC-DEL-CA

Dr Rajesh Kumar Yaduvanshi Vs Serious Fraud Investigation Office

Whether a person can be prosecuted for the fraud committed by a company solely because the person was its director during relevant time - NO: HC

- Case allowed: DELHI HIGH COURT

 
HIGH LIGHTS (SISTER PORTAL)
  TIOL

Railways begin sector specific discussions to attract more freight business

Super Speciality Block of Motilal Nehru Medical College dedicated as COVID Hospital

Tax on Publishing, Printing of Newspapers, Periodicals, Trade Directories and Yellow pages under Service Tax/VAT

TOG

Dr Harsh Vardhan calls for review of COVID-19 experience of WHO members

Agri-based India now on path of farmer welfare centric nation: Naqvi

 

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FLASH NEWS
Cybersecurity big name John McAfee arrests in Spain for tax evasion in U.S.

Fintech startup Uni raises $18.5 million in seed funding led by Lightspeed India Partners and Accel Partners

Adani Ports  and APSEZ completes acquisition of Krishnapatnam Port Co. Ltd for value of  Rs 12,000 crore

 
CORP BRIEF
ISLRTC, NCERT ink MoU for converting educational materials into sign language

New Labour Codes to ensure higher productivity: Gangwar

 
SEBI CIRCULAR

Product Labeling in Mutual Fund schemes - Risk-o-meter

Review of Dividend option(s) / Plan(s) in case of Mutual Fund Schemes

 
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