TIOL Mail Update
 
 
2020-TIOLCORP-NEWS-235| Tuesday November 24, 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-120-NCLAT

Urmila Ray Vs Seth Chemical Works Pvt Ltd

Whether Appellate Authority can grant interim relief that is also sought as a relief in the main pending company petition - NO: NCLAT 

- Appeal disposed of: NCLAT

 
CAPITAL MARKET LAWS
2020-TIOLCORP-35-SAT

Sunshine Stock Broking Pvt Ltd Vs NSE INDIA LTD

Whether penal provisions must follow principle of proportionality - YES:SAT

Whether once violation is established,MCSGFC/Committee has discretion to impose penalty - YES: SAT

- Appeal allowed: SAT

 
MISCELLANEOUS
2020-TIOLCORP-36-SC-MISC-LB

State Of Uttar Pradesh Vs Sudhir Kumar Singh

Whether cancellation of contract of a tender by keeping one of parties to contract in complete dark is violative of natural justice - YES: SC

- Appeal partly allowed: SUPREME COURT OF INDIA

 
HIGH LIGHTS (SISTER PORTAL)
  TIOL

Govt blocks 43 mobile apps from accessing by users in India

PM discusses modalities of COVID-19 vaccine delivery with CMs

Govt to set up EV charging kiosk at 69000 petrol pumps: Gadkari

Economy is facing a reset exercise: FM

SOP for GST Audit - need of the hour

 

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FLASH NEWS
AirAsia India joint venture between AirAsia Berhad and Tata Sons reports 69.1% dip in its revenue for quarter ended September 2020

Cashfree raise $35.3 million as part of its Series B funding round

dgeVerve Systems bags contract from Mongolia-based XacBank which use Infosys Finacle's core banking and corporate banking solution to drive digital transformation

 
CORP BRIEF
Tomar inaugurates Mega Food Park in Punjab  
SEBI CIRCULAR
Testing of software used in or related to Trading and Risk Management  
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