2020-TIOLCORP-NEWS-57 | Wednesday, March 18, 2020

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COMPANIES LAW
  2020-TIOLCORP-12-HC-DEL-CA

Nirex Industries Pvt Ltd

Whether petition for voluntary winding up can be allowed considering compliance of entire process of winding up with all statutory conditions and NOCs from relevant authorities and declaration of solvency - YES : HC

- Case Allowed: DELHI HIGH COURT

2020-TIOLCORP-35-NCLAT

Bimal Kumar Manubhai Savalia Vs Bank Of India

Whether appropriation of amount due by financial creditor from guarantor will extend period of limitation - NO : NCLAT

- Order passed in favour of appellant: NCLAT

HIGH LIGHTS (SISTER PORTAL)
  TIOL

Unjust Interest Virus Contained

Indian Economy needs Wholesome & Timely Bail-Out

PMO received over 12400 corruption plaints in one yr: MoS

Govt working on National e-Commerce policy & New Industrial Policy

COVID-19 - Railways constitutes Rapid Response Team & Online dashboard

26,786 long-term Visas granted to foreigners, including 25,782 for SAARC in four years: MoS

Rs 20,467 Crores of loans sanctioned under Stand Up India Scheme: MoS

TOG

Make in India 2.0 - Focus is on 27 sectors

COVID-19 - Dr Harsh Vardhan reviews actions taken so far

Expert panel tables report on Cantonment regions

COVID-19 - Home Secretary reviews threat with States bordering Nepal, Bhutan, Bangladesh & Myanmar

Scientists develop chemical-free sanitizer

No major terrorist incident after repeal of Art 370: MoS

 

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NEWS FLASH
Karan Bajwa, ex-IBM MD joins Google Cloud as India MD

Rajiv Bajaj re-appointed as MD & CEO of Bajaj Auto

 
CORP BRIEF
APEDA signs MoU with SFAC

CIC - Disposal of appeals is 81%: Minister

Cumulative renewable energy capacity of 132.15 gw installed: Power Minister

 
SEBI NOTIFICATION
SEBI (Prohibition of Fraudulent and Unfair Trade Practices Relating To Securities Market) (Amendment) Regulations, 2020  
IBBI CIRCULAR
IBBI exempts payment of fee on modification of CIRP forms till March 31  
RBI CIRCULAR
Settlement system under Asian Clearing Union (ACU) Mechanism  
IBBI REPORTS
IBBI Annual Report 2017-18  
BILL
Companies (Amendment) Bill 2020  
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