2020-TIOLCORP-NEWS-84| Friday, April 24, 2020

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FEMA & PMLA
2020-TIOLCORP-05-HC-MAD-PMLA

Triad Trading Services Pvt Ltd Vs UoI

Whether a person who has purchased property using proceeds of crime can be accepted to have interest in property and protection under Article 300A can be availed by a perpetrator of a crime - NO : HC.

- Writ petition dismissed: MADRAS HIGH COURT

 
MISCELLANEOUS
2020-TIOLCORP-54-HC-MUM-MISC

Antikeros Shipping Corporation Vs Adani Enterprises Ltd

Whether party to dispute cannot be allowed to sleep over its rights and participate in Arbitral proceedings and then suddenly approach Court to rectify error in constitution of Arbitral Tribunal - YES: HC

- Order passed in favour of appellant: BOMBAY HIGH COURT

 
HIGH LIGHTS (SISTER PORTAL)
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COVID-19 fall-out - 80 economies put extra restrictions on exports

78 districts have not reported any fresh cases in last 14 days: Govt

COVID-19 is an opportunity to fortify healthcare system in India: Health Minister

Assessment of non-filers of GST returns

Lower tax deduction certificate - Certain interim measures

Compulsory Convertible Debentures - interest income, whether liable to GST?

 

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NEWS FLASH
CAIT, DPIIT join hands to form e-plateform for local Kirana stores akin to Flipkart, Amazon

MakeMyTrip CEO: travel industry needs govt survival package not stimulus package

MTR, Swiggy join hands to deliver MTR food items

Reliance reduces crude oil processing by 26% at Jamnagar SEZ refinery

DGTR initiates inquiry into dumping of MDF boards from Vietnam, Malaysia, Thailand & Indonesia

SC declares $ 1.6 bn international arbitral award againt NAFED by FOSFA illegal & against public policy

 
CORP BRIEF
40% agri markets now functional in country: Govt  
CORP EINSICHT
Force Majeure (A primer for business managers)  
SEBI CIRCULAR
Relaxation in Regulation 24(i)(f) of SEBI (Buy-back of Securities) Regulations, 2018 due to COVID 19 pandemic

Review of provisions of circular dated September 24, 2019 issued under SEBI (Mutual Funds) Regulations, 1996 due to the COVID -19 pandemic and moratorium permitted by RBI

 
IBBI CIRCULAR
Governance Structure of the Registered Valuers Organisation  
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