2020-TIOLCORP-NEWS-72 | Wednesday, April 08, 2020

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Tiolcorplaws

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COMPANIES LAW
2020-TIOLCORP-19-HC-DEL-CA

MB Propbuild 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

- Petition allowed: DELHI HIGH COURT

 
CAPITAL MARKET LAWS
2020-TIOLCORP-14-SAT

Dhirajbhai V Sanghvi HUF Vs SEBI

Whether passing of penalty order based on trade logs, order logs and investigation report is in violation of principles of natural justice if these details have not been supplied to parties involved before passing order - YES: SAT

- Order passes in favour of appellant

 
HIGH LIGHTS (SISTER PORTAL)
  TIOL

MoS reviews DoPT post-lockdown preparations

SAARC Development Fund allocates USD 5 mn for COVID19 projects

GST - An agenda for reforms - Part - 80 - Covid-19 relief - Relaxations and further measures

TOG

COVID-19 - Govt ensures smooth shipping; takes preventive steps at Ports

Govt takes steps to alleviate pains of farmers

 

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NEWS FLASH
Aviation minister: Flights will resume when Covid-19 gets abated

SC extends TDSAT Chairman tenure for three months citing government apathy

MRPL reduces diesel, petrol, LPG production due to fall in demand

L&T bags IOCL contract to expand capacity of Barauni Refinery in Bihar

iPhone assembler Foxconn to manufacture ventilators

Bengaluru based Embassy properties pledges REIT to raise USD 180 mn

 
CORP BRIEF
FCI dispatches foodgrains for PM Kalyan Ann Yojana

Hitachi gets CCI approval to buy 80% equity in ABB Ltd

JSW Energey gets CCI nod to acquire GMR Energy

 
RBI CIRCULAR
Risk Management and Inter-bank Dealings - Hedging of foreign exchange risk  
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