2020-TIOLCORP-NEWS-60 | Monday, March 23, 2020

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COMPANIES LAW
  2020-TIOLCORP-37-NCLAT

Steel India Vs Theme Developers Pvt Ltd

Whether if principal amount due has been paid and only interest is outstanding for delayed payment against goods sold then interest amount due itself does not constitute 'Operational Debt' - YES: NCLAT

- Case Dismissed: NCLAT

FEMA / PMLA
  2020-TIOLCORP-05-TRIBUNAL-PMLA

Dinesh Kumar Vs Directorate Of Enforcement

Whether prayer for restoration of possession of property can be allowed if it may cause irreparable injury if the possession is not restored - YES: Tribunal

- Order passed in favour of appellant: PMLA

HIGH LIGHTS (SISTER PORTAL)
  TIOL

GST - Rs 281 Crores ITC fraud detected - Key suspects arrested

Govt seeks inputs on Draft Notification to allow driving licence to colour blinds

TOG

DST invites tech proposals to combat COVID-19

CGST Meerut busts Rs 281 Cr ITC abuse scam

 

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NEWS FLASH
Lok Sabha & Rajya Sabha to pass Finance Bill without discussions and Parliament Session to conclude today

Lok Sabha passes Finance Bill 2020 by voice vote; adjourned sine die

SEBI relaxes compliance provisions with regard to listed entities that have listed their NCDs, NCRPS, CPs and municipal debt securities

IRDA releases guidelines to include expenses of Covid-19 as part of every mediclaim

Govt notifies use of CSR Funds for COVID-19 as eligible CSR activity

 
CORP BRIEF
Mineral production during Jan month up by 4.4%  
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