2020-TIOLCORP-NEW-213 Dated: Thursday, October 22, 2020

2020-TIOLCORP-NEWS-213| Thursday Ocotober 22, 2020

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COMPANIES LAW

2020-TIOLCORP-109-NCLAT

Rajesh Mahajan Vs Park Network Pvt Ltd

Whether liability accrues only for sale and supply of goods/services u/s 9 of IBC and not for purchase of goods, even if the goods/services received were defective - NO: NCLAT

Whether claim of operational debt on account of sales return is not tenable - NO: NCLAT

- Appeal dismissed: NCLAT

CAPITAL MARKET LAWS

2020-TIOLCORP-30-SAT

Bharti Goyal Vs SEBI

Whether if no connection is established with evidences between the Appellants and the suspected entities nor with the promoters or directors of Mapro Industries, penalty imposed is not justified - YES : SAT

- Case partly allowed: SAT

HIGH LIGHTS (SISTER PORTAL)

TIOL

Govt to go for graded relaxation in visa and travel restrictions

ECI sets up panel to examine issues concerning expenditure limits

50 unserved and underserved Airports added under UDAN

IFSCA prescribes regulatory framework for REITs and InvITs in IFSC

Amendment to Rule 142(1A) is anti-taxpayer

Tax Returns & Politicians - They necessarily make quaint & strange bedfellows!

TOG

PN lauds efforts of doctors, nurses and other Corona Warriors

MoS presides over EC meeting of IIPA as New Chairman

FLASH NEWS

TCS plans to acquire technology services unit of Deutsche Bank AG

Shares of Hemisphere Properties enters stock exchange at Rs. 106 per share

Airbnb Inc hires former Apple Inc. design chief Jony Ive and his new firm, LoveFrom, to work on projects with home sharing startup

CORP BRIEF


	Payment of 78 days' PLB to railway employees estimated to be Rs 2082 Crore KVIC targets Rs 5000 Crore business

MCA CIRCULAR

Special Measures under the Companies Act, 2013 and Limited Liability Partnership Act, 2008 in view of COVID-19 outbreak - Extension

Filings under section 124 and section 125 of the Companies Act 2013 r/w IEPFA (Accounting, Audit, Transfer and Refund) Rules 2016 in view of extension of CFSS, 2020

SEBI CIRCULAR

Processing of applications for registrations of AIFs and launch of schemes

Clarification on SEBI Circular on Investor grievances redressal mechanism - Handling of SCORES complaints by stock exchanges and Standard Operating Procedure for non-redressal of grievances by listed

Contribution by Issuers of listed or proposed to be listed debt securities towards creation of 'Recovery Expense Fund'

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