2020-TIOLCORP-NEWS-88| Friday, May 01, 2020

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CAPITAL MARKET LAWS
2020-TIOLCORP-17-SAT

Oasis Securities Ltd Vs SEBI

Whether appellant is liable for penalty for not making full disclosure of transfer of its business to group company as required under Clause 36 of Listing Agreement - YES: SAT

- Case partly allowed: SAT

 
MISCELLANEOUS
2020-TIOLCORP-15-SC-MISC

BCH Electric Ltd Vs Pradeep Mehra

Whether for Section 4(5) to apply for computing gratuity, there must be two alternatives, one in terms of Act and one as per deed, scheme or agreement available to the employee - YES: SC

Whether if the employee falls in category of employees who are covered by provisions of Act for calculation of amount of gratuity, hence scheme does not offer any alternative to increase the amount of gratuity payable - YES : SC

Whether mistake on part of the company in making some extra payments to some of employees in past does not create a right in favour of others in face of different stipulations in Trust Deed and Scheme - YES : SC

- Order passed in favour of appellant company: SUPREME COURT OF INDIA
 
HIGH LIGHTS (SISTER PORTAL)
  TIOL

Agra goes for GIS Dashboard to keep an eye on COVID cases

EPFO eases norms for filing ECRs

EPFO delinks PF payment from ECR monthly filing

COVID-19 - Haryana, Kerala, Karnataka & others achieve doubling rate between 20 to 40 days

PM for proactive approach to handhold foreign investors

MHA tells States no separate pass required for movement of trucks

TOG

Approval for MSME Proposals - No more role for District Level Task Force

Five more States board 'One Nation One Ration Card' national portability platform

 

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NEWS FLASH
Confederation of All India Trades to launch e-commerce plateform

OYO appoints ex-Starbucks COO Troy Alstead as independent director

Asian Paints to gets into hand sanitiser business

 
CORP BRIEF
Railways starts Special Trains to move migrant workers, pilgrims, tourists & students

BHEL adopts e-learning to hone employees' skills

CCI nod for acquisition of shareholding in Intas Pharma by Canary Investments

CCI okays control of Tech Data Corporation by Tiger Midco LLC

CCI approves BP Global's 49% acquisition of Reliance BP Mobility

 
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