TIOL Mail Update
 
 
2020-TIOLCORP-NEWS-220| Tuesday November 03, 2020

Dear Member,

Sending following links.

Warm Regards,
Tiolcorplaws

For assistance please call us at +91 850 600 0282 or email us at helpdesk@tiol.in.
 
COMPANIES LAW
2020-TIOLCORP-111-NCLAT

Panna Pragati Infrastructure Pvt Ltd Vs Amit Pareek

Whether in exceptional circumstances timelines prescribed under IBC can be relaxed to allow submission of a second/revised Resolution Plan- YES: NCLAT 

Whether Resolution Plan approved by CoC and adjudicating authority can be reconsidered when there is a material irregularity in the conduct of CIRP - YES: NCLAT 

- Appeals allowed: NCLAT

2020-TIOLCORP-01-IBBI

Kishan Gopal Somani

Whether considering old age above 70 and also written consent filed before NCLT for accepting assignment as Voluntary Liquidator, prior to coming into effect of requirements of AFA, no disciplinary action needs to be taken against such professional - YES : IBBI

- Show cause notice disposed of: IBBI

 
HIGH LIGHTS (SISTER PORTAL)
  TIOL

India's trade deficit down to USD 8.8 bn in Oct month

Commercial coal mine auction makes upbeat beginning on Day 1

IREDA signs MoU with MNRE, setting revenue target of Rs. 2406 Cr for 'Excellent' rating

TOG

Govt unveils pilot scheme for fortified rice distribution

 

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FLASH NEWS
Multiplex operator PVR reports consolidated net loss of  Rs. 184 crore for Q2

Titan Company launches first international  Tanishq store  in Dubai

Ola   plans to set up India's largest  e-scooter  manufacturing plant

 
CORP BRIEF
Service Charges levied by banks - Govt clarifies

CCI okays ICCI Lombard move to acquire Bharti AXA

 
CORP EINSICHT
Should Tatas run Tatas anymore?  
SEBI CIRCULAR
Creation of Security in issuance of listed debt securities and 'due diligence' by debenture trustee(s)

Schemes of Arrangement by Listed Entities and (ii) Relaxation under Sub-rule (7) of Rule 19 of the Securities Contracts (Regulation) Rules, 1957

 
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