2020-TIOLCORP-NEWS-95| Tuesday, May 12, 2020

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COMPANIES LAW
2020-TIOLCORP-54-NCLAT

Gautam Sinha Vs UV Asset Reconstruction Company Ltd

Whether since Balance Sheet should be read along with Directors' Report thus mere acknowledgement of debt in Balance Sheet without considering other documents and reports amounts to acknowledgement u/s 18 of Limitation Act - NO: NCLAT

- Appeal allowed: NCLAT

 
CAPITAL MARKET LAWS
2020-TIOLCORP-01-HC-DEL-CM

ICICI Lombard General Insurance Company Ltd Vs Indiabulls Housing Finance Ltd

Whether ad-interim order passed in writ petition allowing maintenance of status quo can be set aside as withdrawn - YES : HC

- Appeal allowed: DELHI HIGH COURT

 
HIGH LIGHTS (SISTER PORTAL)
  TIOL

PM asks CMs to share blue prints on Statewide lockdown strategy by Friday

CSIR-NAL jointly develops Ventilator in record 36 days

Railways announces timings of 15 pair of special trains

COVID-19 - India's recovery rate rises to over 31%

TOG

HIL eyes orders for DDT from African nations

IAF airlifts essential Chemicals to assist AP Govt in tackling gas leak

 

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NEWS FLASH
R. Subramaniakumar, interim DHFL admin to conduct IBBI workshop with insolvency professionals on May 13

Biocon Biologics Bengaluru unit gets EU certification after USFDA clearance

Glenmark starts clinical trial for Covid-19 drug Favipiraver in India

Maruti resumes operations at Manesar unit on single shift basis

 
CORP BRIEF
India needs to find a balance between higher energy consumption & claimate change: Kakodkar

India is well-poised to reboot economy through S&T: Dr Harsh Vardhan

KVIC potters sensitising people for masking COVID-19 risk

 
SEBI CIRCULAR
Additional relaxation in relation to compliance with certain provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 - Covid-19 pandemic  
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