2020-TIOLCORP-NEWS-24 | Monday, February 03, 2020

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MISCELLANEOUS
  2020-TIOLCORP-03-SC-MISC

Vinay Kumar Mittal Vs Dewan Housing Finance Corporation Ltd

Whether the appropriate body to hear the grievances of public depositors of the insolvent Financial Services Provider from orders passed in recovery suit is either the Committee of Creditors, the Administrator or the NCLT - YES: SC

- Direction issued: SUPREME COURT OF INDIA

2020-TIOLCORP-19-HC-DEL-MISC

Inter Ads Exhibition Pvt Ltd Vs Busworld International Cooperatieve Vennootschap Met Beperkte Aansprakelijkheid

Whether where a determinable contract is terminated by either of the party, the Courts u/s 9 of the Arbitration Act cannot interfere against the operation of termination by granting an interim injunction - YES: HC

- Petition dismissed: DELHI HIGH COURT

2020-TIOLCORP-18-HC-KOL-MISC

Techno Industries Vs Flex Alloys Pvt Ltd

Whether suit filed by non registered partnership firm alleging breach of contract can be entertained by the court - NO : HC

- Order passed in favour of defendant: CALCUTTA HIGH COURT

HIGH LIGHTS (SISTER PORTAL)
  TIOL

Union Budget 2020: Disappointment on Indirect Tax front

Affordable Housing - Sec 80IBA - Time Limit extended

Budget leaves UPSC & Election Commission Members 'poorer'

Ss 43CA, 50C & 56 - Safe harbour limit hiked to 10%

Govt invites suggestions on draft Bill on data protection

TOG

7.84 MT Steel imported in 2018-19; domestic production rising regardess: Pradhan

Schooling & skilling must walk hand-in-hand: Naidu

Budget 2020-21 - allocation for defence rises 9.37% at Rs 337533 Cr

 

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nCoronavirus outbreak prompts several companies to permit work from home facility for employees

CORP BRIEF
  MoS: Phase II of FAME India scheme necessary to make EV cost effective

BHEL bags hydroelectric project in Nepal

Govt adopts ;eco-friendly methods of Steel production

MCA NOTIFICATION
  Govt notifies Special Court for handling trial of offences under PMLA

NCLT Ahmedabad bench receives temporary jurisdiction over matters in State of Madhya Pradesh

SEBI CIRCULAR
  Currency Future and Options Contracts (involving Indian Rupee) on Exchanges in International Financial Services Centres (IFSC)
SEBI DISCUSSION PAPER
  REPORT Discussion Paper on proposed amendments in SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
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