2020-TIOLCORP-NEWS-36 | Tuesday, February 18, 2020

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COMPANIES LAW
  2020-TIOLCORP-23-NCLAT

Ugro Capital Ltd Vs Bangalore Dehydration And Drying Equipment Company Pvt Ltd

Whether where the petition u/s 7 of the IBC is filed for the realisation of decretal amount, the NCLT cannot refuse the application on the ground that the applicant should have taken steps for filing execution case in Civil Court - YES: NCLAT

- Appeal allowed: NCLAT

COMPETITION LAWS
  2020-TIOLCORP-03-CCI

Makarand Anant Mhaskar And USV Pvt Ltd

Whether in the absence of material evidence, mere imposition of discriminatory conditions ipso facto establishes exercise of dominant position by a seller - NO: CCI

- Case dimissed: CCI

MISCELLANEOUS
  2020-TIOLCORP-27-HC-DEL-MISC

Ircon International Ltd Vs CR Sons Builders And Development Pvt Ltd

Whether award should be read as whole because unsuccessful party cannot be permitted to draw upon isolated observations in award to infer inconsistencies and infirmities - YES : HC

- Case Dismissed: DELHI HIGH COURT

HIGH LIGHTS (SISTER PORTAL)
  TIOL

Task Force on APIs discusses roadblocks in getting EC

USD 450 mn World Bank loan to prevent depleting groundwater levels

BS-VI roll out from April 1 - Pradhan reviews preparations with PSUs

GST - An agenda for reforms - Part - 73 - Charting strategy to cut delay in legislating under GST

TOG

Govt to facilitate doubling of Milk Processing capacity

India assumes presidency of UN body on Migratory Species for 3 years

Operation Wuhan - Letters of appreciation given to Air India Employees

 

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FLASH NEWS
  Reliance to buy majority stake in Den Network, Hathway; to merge its media business into Network18

Restaurant chain Barbeque Nation files IPO papers before SEBI to raise investment

JSW Steel nabs three iron ore mines Nuagaon, Narayanposhi and Ganua in Odhisa
CORP BRIEF
  Harsimrat Kaur meets UAE Minister for Food Security
MCA CIRCULAR
  Filing of forms in Registry (MCA-21) by Insolvency Professional (Interim Resolution Professional (IRP) or Resolution Professional (RP) or Liquidator) appointed under IBC, 2016
DISCUSSION PAPER
  Amendment to IBBI (Corporate Insolvency Resolution Process) Regulations, 2016
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