TIOL Mail Update
 
 
2020-TIOLCORP-NEWS-245| Tiesday December 08, 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.
 
CAPITAL MARKET LAWS
2020-TIOLCORP-05-SEBI

India Infoline Commodities Ltd

Whether an application made to SEBI for registration as a commodity derivative broker can be rejected if applicant's reputation is doubtful - YES: SEBI

Whether Chapters II and V of Intermediaries Regulations are applicable to a party not holding certificate of registrations commodity derivative broker from SEBI - YES: SEBI

- Application rejected: SEBI

 
MISCELLANEOUS

2020-TIOLCORP-170-HC-DEL-MISC

Lakshmi Energy And Food Ltd Vs RBI

Whether RBI directives for resolution of stressed assets create entitlement or right in hands of a borrower who is admittedly a defaulter - NO: HC

- Appeal dismissed: DELHI HIGH COURT

2020-TIOLCORP-169-HC-MUM-MISC

Unistar Industries Vs Sahebrao Deshmukh Cooperative Bank Ltd

Whether in the absence of sufficient cause, HC can reject a Writ Petition challenging order u/s 14 of SARFAESI Act, 2002 - YES: HC

- Petition rejected: BOMBAY HIGH COURT

 
HIGHLIGHTS (SISTER PORTAL)
  TIOL

'Invest India' bags UN's Investment Promotion Award

MSP operations continue to benefit 35 lac farmers

Service of notices/orders under GST - a new dimension

TOG

Central govt committed to fighting air pollution: Prakash Javadekar

India bags UN Investment Promotion Award 2020

 

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FLASH NEWS

ICICI Bank to sell up to 2.21% of its stake in ICICI Securities

 Everstone Group to sell Everise to Brookfield Business Partners and institutional partners

Coffee Day appoints Malavika Hegde as CEO

 
CORP BRIEF
CCI okays take over of Prestige Group's assets by Blackstone Inc affiliates

CCI nod to OHPCL acquiring shares in Odisha Power Generation Co Ltd

SJVN signs with IREDA to expand renewable portfolio

 
SEBI CIRCULAR
Additional Payment Mechanism (i.e. ASBA, etc.) for Payment of Balance Money in Calls for partly paid specified securities issued by the listed entity  
FEMA NOTIFICATION
FEMA (Non-debt Instruments) Rules, 2019  
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