TIOL Mail Update
 
 
2020-TIOLCORP-NEWS-233| Friday November 20, 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-11-SC-IBC-LB

Kaledonia Jute And Fibres Pvt Ltd Vs Axis Nirman And Industries Ltd

Whether creditor is entitled to seek a transfer of the pending winding up proceedings against the debtor company to the NCLT - YES : SC

Whether Rules 5 and 6 of the Companies (Transfer of Pending Proceedings) Rules has no application to the case of a transfer covered by the 5th proviso to clause (c) of subsection (1) of Section 434 - YES : SC

- Appeal allowed: SUPREME COURT OF INDIA

2020-TIOLCORP-14-IBBI

Vinod Kumar Kothari

Whether without authorisation for assignment, an IP is not eligible to undertake assignments or conduct various processes thereof - YES:IBBI

Whether Certificate of registration granted to an IP is conditional - YES: IBBI

- Case disposed: IBBI

 
MISCELLANEOUS
2020-TIOLCORP-162-HC-DEL-MISC 

Vishnu Infra And Energy Solutions Pvt Ltd Vs Rohit Singhal

Whether while considering relief of recovery of amount, Trial Court must first adjudicate whether any amount is payable by one party to another - YES: HC

- Petition disposed: DELHI HIGH COURT

2020-TIOLCORP-161-HC-DEL-MISC

Abb India Ltd Vs Bharat Heavy Electricals Ltd

Whether sec. 12(5) of the Arbitration and Conciliation Act, 1996 is inapplicable in case of no express agreement in writing - NO: HC 

- Petition dismissed: DELHI HIGH COURT

 
HIGH LIGHTS (SISTER PORTAL)
 

TIOL

Income Tax raids multiple premises in UP; detects Rs 100 Cr accommodation entries

Govt enticing sugar mills to divert excess sugar for ethanol

WTO sees easing of trade barriers triggered by COVID-19

Modi to attend 15 th G20 Leaders' Summit

PM to inaugurate REINVEST- 2020 on Nov 26

RuPay card in Bhutan: Phase-II to be launched today

Printing of QR code for B2C supplies be made optional for online sellers

TOG

Mission Purvodaya will drive eastern India towards self-reliance and contribute to making of an Aatmanirbhar Bharat, says Mr Dharmendra Pradhan at AGM of Merchants Chamber of Commerce and Industry

Bangladesh delegation arrives for training by BRO

 

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FLASH NEWS
CCI approves Future Group-Reliance Retail deal

Route Mobile appoints Sandipkumar Gupta as chairman effective from November 19 , 2020

SEBI recommends companies  to make available audio & video recordings of post-earning conference calls on their websites as well as stock exchanges within 24 hours

 
CORP BRIEF
French Ambassador discusses potential projects in N-E with MoS

Petroleum and steel sectors play important role in Mission Purvodaya: Pradhan

UN agency earns strong credit rating for boosting rural prosperity

India, Luxembourg hold first summit in 20 years, ink 3 pacts to push investment ties

Reliance Retail completes fundraise of Rs 47,265 cr for 10.09% stake

 
CONSULTATION PAPER

Consultation Paper Review of requirement of Minimum Public Offer for large issuers in terms of Securities Contracts (Regulation) Rules, 1957

Report On Disclosures Pertaining To Analyst Meets, Investor Meets And Conference Calls

Review of SEBI (Delisting of Equity Shares) Regulations, 2009

 
MCA NOTIFICATION
Govt makes rules to amend Companies (Prospectus and Allotment of Securities) Rules, 2014  
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