2020-TIOLCORP-NEWS-41 | Tuesday, February 25, 2020

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COMPANIES LAW
  2020-TIOLCORP-27-NCLAT

Amit Kumar Gupta Vs LGW Ltd

Whether where the interim order regarding application for oppression has been modified by the NCLT u/s 242(4) due to changed circumstances in the operation of the company, such modification cannot be challenged unless proved prejudicial to the company - YES: NCLAT

- Appeal dismissed: DELHI NCLAT

CAPITAL MARKET LAWS
  2020-TIOLCORP-05-SAT

Rajagopal Viswanathan Vs SEBI

Whether SEBI has rightly given exemption from complying with the requirements of Regulations 3 and 4 of the SAST Regulations to public sector companies who acquired shares of target company through disinvestment process - YES : SAT

- Case dismissed: SAT

HIGH LIGHTS (SISTER PORTAL)
  TIOL

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HRD Minister chairs meeting to review progress of Institutions of Eminence Scheme

TOG

NITI Aayog chairs meet on implementing SDGs in N-E states

TII

IMF WP moots tax reforms choices for Italy

GAO & IRS differ on virtual currencies reporting under FATCA

 

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FLASH NEWS
  SEBI finds corporate misgovernance & listing norms violations by Indigo on complaint filed by co-promoter

Bhushan Steel Insolvency: ex promoter files petition in Supreme Court against JSW USD 2.7 bn purchase deal

CORP BRIEF
  SEBI asks Depositories to scan accounts linked with Al-Qaida

SEBI: Despite grey list, Mauritius investors will get FPI registration

EESL completes installation of 10 lakh smart meters in India

CCI nod to NTPC to acquire 74.50% of share capital of THDC India

SEBI CIRCULAR
  Margin obligations to be given by way of Pledge/ Re-pledge in the Depository System
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