2020-TIOLCORP-NEWS-22 | Thursday, January 30, 2020

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COMPANIES LAW
  2020-TIOLCORP-08-HC-MUM-CA

Gol Offshore Ltd And Punjab National Bank International Ltd

Whether the unsecured creditor in terms of a consent term with the company in liquidation arrived in a recovery suit has a right to seek validation of payment after the commencement of winding up proceedings without proving that it was in the ordinary course of business & in company's best interest - NO: HC

- Application dismissed: BOMBAY HIGH COURT

MISCELLANEOUS
 
2020-TIOLCORP-17-HC-MUM-MISC

Nobel Resource Ltd Vs Dharni Sampda Pvt Ltd

Whether when liability to pay and default in repayment is established through evidence and Arbitrator does not demonstrate bias in favour of lender then foreign award passed cannot be questioned : YES -HC

Whether foreign award passed on basis of evidence and from an appreciation of facts can the questioned u/s 48 on merits : NO-HC

- Application allowed: BOMBAY HIGH COURT

HIGH LIGHTS (SISTER PORTAL)
  TIOL

Father leaves for heavenly abode but son prefers to continue with printing of budget documents

India to lead global energy agenda: Pradhan

Budget Session to focus on prevailing economic conditions in economy: PM

NCRB launches online services to trace Missing Persons

HM releases data on police organizations

CoronaVirus - Govt issues advisory to recess symptoms of respiratory tract

TOG

Novel Coronavirus - Centre issues advisory for travellers returning from China

Govt releases data on Police Organizations as on Jan 01, 2019

 

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FLASH NEWS
 
Tata Motors records Q3 net profit of Rs 1756 Crores

Govt confers with 9 companies for selling Air India

ED uncovers funds diversion worth Rs 12733 Crores at DHFL through over 1 lakhs fake borrowers

CORP BRIEF
  India committed to lowering carbon footprint levels: Pradhan
MCA NOTIFICATION
  NCLT (Recruitment, Salary and other Terms and Conditions of Service of Officers and other Employees) Rules, 2020
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