2020-TIOLCORP-NEWS-52 | Wednesday, March 11, 2020

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COMPANIES LAW
  2020-TIOLCORP-32-NCLAT

Flipkart India Pvt Ltd Vs Cloudwalker Streaming Technologies Pvt Ltd

Whether mere failure to reply to the demand notice by the operational debtor can't be taken as the crystallization of the claim to make way for the scope of application u/s 9 of the IBC for initiation of insolvency process - YES: NCLAT

- Order in favour of respondent: NCLAT
MISCELLANEOUS
  2020-TIOLCORP-36-HC-KAR-MISC

Parth Infrapromotor LLP Vs Maverick Property Investments Pvt Ltd

Whether if agreement is entered into between parties, arbitration clause shall be confined only to parties to agreement and cannot be understood that arbitration clause also applies among any dispute inter se between the vendors - YES : HC

- Petitioner's application dismissed: KARNATAKA HIGH COURT

HIGH LIGHTS (SISTER PORTAL)
  TIOL

GSTN Disaster - Who is to blame?

COVID-19 Scare - India suspends visa for France, Germany & Spain

WTO staff gets infected; All meetings suspended till March 20: DG

COVID-19 - Govt notifies SOP to handle cases in cruise ships

Railways scramble to prevent spread of Coronavirus

TOG

Lokpal - information on cases registered & action taken not available: MoS

COVID-19 - Dr Vardhan reviews health of infected patients with State Health Ministers

 

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NEWS FLASH
Yes Bank domino: Maharashtra pulls funds from Axis bank; says only trust reputed lenders from now on

US grants 45 days extension to Huawei to do business; provisional license to expire on May 15

 
CORP BRIEF
NTPC to develop electric buses for deployment in Andamans  
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