TIOL Mail Update
 
 
2020-TIOLCORP-NEWS-240| Tuesday December 01, 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-121-NCLAT

Ramesh Kymal Vs Siemens Gamesa Renewable Power Pvt Ltd

Whether application for initiation of CIRP in respect of default committed before 25th March, 2020 but filed before 05th June, 2020, date on which IBC (Amendment) Ordinance, 2020 came into force, would be maintainable in view of the express bar created by the main provision of Section 10A - NO: NCLAT 

- Appeal dismissed: NCLAT

 
FEMA & PMLA
2020-TIOLCORP-13-HC-DEL-PMLA

Art Housing Finance (India) Ltd Vs Directorate Of Enforcement

Whether in public interest, the HC can direct to put assets to utility that are under attachment as per PMLA rather than let them remain frozen without use - YES: HC

- Case disposed of: DELHI HIGH COURT

 
HIGHLIGHTS (SISTER PORTAL)
  TIOL

FPI inflows stood at Rs 62,782 Crore for Nov month

ADB approves USD 430M loan to rehabilitate UP's power distribution

ADB signs USD 132.8M loan to strengthen Meghalaya's power distribution sector

Terrorism most important challenge faced by the region: India at SCO

KVIC Honey Mission helps UP migrant workers earn

30 lakh paddy farmers benefit from Kharif Marketing Season Procurement Operations

TOG

Board of Trade to discuss boosting manufacture & exports

 

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FLASH NEWS
GlaxoSmithKline Consumer Healthcare plans to makes India export hub for Polident brand of specialized oral care products

Facebook acquires Kustomer Inc  software company

Bata Shoe Organization appoints Sandeep Kataria G lobal CEO 

 
CORP BRIEF

CCI approves Spring Canter Investment's acquisition of logistics startup Rivigo

Srikalahasthi Pipes merger with Electrosteel Castings gets CCI nod

 
SEBI CIRCULAR
Relaxation in timelines for compliance with regulatory requirements  
MCA NOTIFICATION
Special Courts for trial of cases filed by SEBI  
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