2020-TIOLCORP-NEWS-86| Tuesday, April 28, 2020

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COMPANIES LAW
2020-TIOLCORP-49-NCLAT

Gajendra Parihar Vs Devi Industrial Engineers

Whether due to pre-existing dispute between the parties regarding deficiency of service rendered and amount due for payment, application for CIRP cannot be admitted - YES : NCLAT

- Order passed in favour of appellant: NCLAT

 
CAPITAL MARKET LAWS
2020-TIOLCORP-16-SAT

Susheel Somani Vs SEBI

Whether for technical breach of SAST regulations high penalty cannot be imposed - YES: SAT

- Appellant's appeal partly allowed: SEBI

 
 
IP LAWS
2020-TIOLCORP-18-HC-DEL-IPR

Keller Williams Realty Inc Vs Dingle Buildcons Pvt Ltd

Whether since plaintiff is using merely alphabets 'KW' or together with Keller Williams, defendants are using same in conjunction with, either 'Blue Pearl' or 'Srishti' which is sufficient to distinguish these two marks- YES : HC

Whether mere ownership or even registration of a mark does not lead to any presumption of the mark having a reputation and goodwill in the territories where mark is being used - YES : HC

Whether though explanation of defendants for use of 'KW' as trade marks meaning as "Kesarwani World", does not inspire confidence however same alone can not entitle plaintiff to injunction without making out at least a prima facie case for infringement or passing off - YES : HC

- Plaintiff's application for interim relief dismissed : DELHI HIGH COURT
 
HIGH LIGHTS (SISTER PORTAL)
  TIOL

UIDAI allows Aadhaar updation facility through 20,000 CSCs

Defence Minister asks DPSUs to devise operational plans post lock-down

Export of medical products - Top 10 in world ship up to 75% within regional partners

Supply of Essential products - Govt says logistical bottlenecks eased up to 76%

TOG

Loss of life during COVID19 - Rs 50 lakh compensation declared for Port employees

IAF airlifts medical supplies for N-E States

 

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NEWS FLASH

Supreme Court on alert after employee test Covid-19 positive

Paytm Mall partners with 10,000 kirana stores to fulfil essential deliveries

Boeing CEO: air travel to recover after 2 years

Axis Bank to acquire 29% of Max Life Insurance

Embraer starts arbitration process against Boeing for terminating $4 bn contract

 
CORP BRIEF
MoS assures evacuation of stranded Indian seafarers

EPFO settles 13 lakh claims including 7.40 lakh COVID-19 claims

Gowda asks PSUs to look for JVs with foreign partners

Pharmasafe India to focus on anti-counterfeiting measures

 
FEMA NOTIFICATION
Govt notifies key changes in NDI Rules, 2019 relating to FDI in Insurance companies  
IBBI NOTICE
Existing grandfathered unlisted NCDs  
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