TIOL Mail Update
 
 
2020-TIOLCORP-NEWS-252| Thursday December 17, 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-12-SC-CA-LB

Action Ispat And Power Pvt Ltd Vs Shyam Metalics And Energy Ltd

Whether only when winding up proceedings reach a stage where it would be irreversible, making it impossible to set the clock back, that the Company Court can proceed with the winding up instead of transferring the proceedings to NCLT to be decided as per IBC- YES: SC

- Appeal dismissed: SUPREME COURT OF INDIA

2020-TIOLCORP-54-HC-MUM-CA

Niyam Bhsin Vs UoI

Whether deposit to be submitted u/s 160 of CA 2013 for election to office of directorship can be waived off at mere instance of a party - NO: HC.

- Case disposed of: BOMBAY HIGH COURT

2020-TIOLCORP-127-NCLAT

Facor Alloys Ltd Vs Bhuvan Madan

Whether Adjudicating Authority can approve a Resolution Plan that is discriminatory and gives differential treatment among the same Class of Financial Creditors, merely based on assenting or dissenting Financial Creditors - NO: NCLAT

- Appeals dismissed: NCLAT

 
COMPETITION LAWS

2020-TIOLCORP-01-SC-CL-LB

Samir Agrawal Vs CCI

Whether Ola and Uber do not facilitate cartelisation or anti-competitive practices between drivers, who are independent individuals - YES : SC

Whether information u/s 19 of Competition Act, 2002 may be received by CCI from any person irrespective of him/her being personally affected - YES: SC

- Appeal partly allowed: SUPREME COURT OF INDIA

 
MISCELLANEOUS

2020-TIOLCORP-172-HC-DEL-MISC

Indu Singh Vs Surender Kamboj

Whether on categorical admission of facts by a party, opposite party is entitled to a judgment on admission under Order XII Rule 6 of CPC, 1908 - YES: HC

- Appeal dismissed: DELHI HIGH COURT

 
HIGHLIGHTS (SISTER PORTAL)
  TIOL

Year's last National Lok Adalat settles over 10 lac cases

India to become 3rd largest aviation market globally by 2022

COVID-19 - Anti-vaxxers having 'quarantini' time at cost of Public Health!

India inks USD1 bn pact with NDB to support rural employment, infrastructure

India signs USD 400mm project with World Bank to protect poor from COVID-19 impact

TOG

World Bank green lights USD800 mm projects to support development initiatives in India

70th batch of IRS (C&CE) officers complete professional training

 

Download on the App Store
Get it on Google play
FLASH NEWS
RBI announces opening of Second Cohort under Regulatory Sandbox with Cross Border Payments as its theme

Tata Motors to acquire Marcopolo's 49% stake in JV

Former Infosys veteran  Prasad Thrikutam joins True North

 
CORP BRIEF
To fulfill vision of Atmanirbhar Bharat, role of MSMEs is important: Gadkari

Prasar Bharati elected Vice President of ABU

 
TIOL PRIVATE LIMITED.
TIOL HOUSE, 490, Udyog Vihar, Phase - V,
Gurgaon, Haryana - 122001, INDIA
Board : +91 124-6427300
Fax: + 91 124-6427310
Web: http: //www.tiolcorplaws.com
Email: updates@tiol.in
__________________________________
CONFIDENTIALITY/PROPRIETARY NOTE.
The Document accompanying this electronic transmission contains information from TIOL PRIVATE LIMITED., which is confidential, proprietary or copyrighted and is intended solely for the use of the inpidual or entity named on this transmission. If you are not the intended recipient, you are notified that disclosing, copying, distributing or taking any action in reliance on the contents of this information is strictly prohibited. This prohibition includes, without limitation, displaying this transmission or any portion thereof, on any public bulletin board. If you are not the intended recipient of this document, please return this document to TIOL PRIVATE LIMITED. immediately