2020-TIOLCORP-NEWS-81| Tuesday, April 21, 2020

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MISCELLANEOUS
2020-TIOLCORP-52-HC-DEL-MISC

Halliburton Offshore Services Inc Vs Vedanta Ltd

Whether countrywide lockdown, due to COVID-2019 pandemic is prima facie in nature of force majeure being unprecedented and unpredictable - YES : HC

Whether if on account of imposition of lockdown of which no advance knowledge is allocated to the petitioner, majorly complete project could not be finished, ad interim injunction, restraining invocation or encashment of bank guarantees, till expiry of one week from May 03, 2020 or till date lockdown stands extended can be allowed - YES: HC

- Order passed in favour of petitioner: DELHI HIGH COURT

2020-TIOLCORP-51-HC-P&H-MISC

Rakesh Brothers Vs Haryana Housing Board

Whether after filing of application u/s 11 parties to dispute forfeit their right to appoint an Arbitrator - YES: HC

- Application allowed: PUNJAB AND HARYANA HIGH COURT

 
HIGH LIGHTS (SISTER PORTAL)
 

TIOL

15th FinCom to meet online to study fall-out of COVID-19 & fillip to public expenditure

COVID-19 - Doubling Rate - India succeeds in doubling time gaps

FM praises BRICS bank for mobilising USD 5 bn COVID funds

COVID-19 - 6 Central Teams to visit States for assessment on Ground Zero

Locked Economy Needs Timely & Generous 2nd Fiscal Stimulus

TOG

Chandigarh takes out-of-box steps to maintain supply chains & waste collections

Emails asking for clarification on tax refunds is not harassment: CBDT

Under PM-KISAN Scheme Rs. 17,793 crores released for 8.89 crore farmer families

 

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NEWS FLASH
ABB Power Grids bags Rs 165 cr order from IOCL to reinforce its Barauni refinery in Bihar

BMW India CEO Rudratej Singh passes away at 46

Delhi High Court: No coercive action against IndiaBulls for outstanding dues during Lockdown period

Aurobindo Pharma Hyderabad Unit IV gets VAI classification from USFDA

Donald Trump to issue executive order to suspend immigration temporarily

  
CORP BRIEF
Coal, Mines PSUs extending best possible support in fighting Covid-19: Joshi

Udan flights cover over 3 lakh km to deliver essential medical cargo

Surplus FCI rice allowed to be converted to ethanol for sanitizers

SEBI extends Covid-19 regulatory measures to May 28

 
SEBI NOTIFICATION
Relaxation in timelines for compliance with regulatory requirements by trading members / clearing members

Relaxations from certain provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018

One-time relaxation with respect to validity of SEBI Observations

 
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