2020-TIOLCORP-NEWS-97| Thursday, May 14, 2020

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MISCELLANEOUS
2020-TIOLCORP-63-HC-DEL-MISC

Paul Sales Pvt Ltd Vs Hari Darshan Sevashram Pvt Ltd

Whether plaintiff cannot seek injunction that it is exclusive dealer of defendant to sell products based on oral agreement as such agreement is unenforceable under Specific Relief Act - YES : HC

- Order passed in favour of defendant: DELHI HIGH COURT

2020-TIOLCORP-62-HC-DEL-MISC

Jindal Steel And Power Ltd Vs State Tradings Corporation Of India Ltd

Whether release of PBGs can not be granted as Corporate Guarantee or post dated cheques cannot be considered as an alternative for PBGs - YES : HC

- Petition dismissed: DELHI HIGH COURT

 
HIGH LIGHTS (SISTER PORTAL)
 

TIOL

Relief Package - MSMEs can breathe now; Vivad Se Vishwas - Payment date deferred till Dec 31

Force Majeure - Centre asks States to extend real estate project registration by six months

PM CARES allocates Rs 3100 Cr - Rs 100 Cr for Vaccine

Locusts controlled in more than 14,000 hectares of land in Rajasthan & Punjab

Invasive Lockdown vs Mounting Economic Toll - How to Mask the Risk!

TOG

Railways operates 642 'Shramik Special' trains till May 13

FCI ensures adequate supply of food grains

 

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NEWS FLASH
Govt to sanction Rs 2 lakh crore concessional credit to 2.5 lakh farmers through Kisan Credit Cards + Benefit to be extended to animal husbandry and fishermen also

FM announces Rs 30,000 Cr additional emergency working funds for farmers through NABARD

CAMPA Funds - Rs 6000 Cr proposals of States to be approved to give jobs to tribals

Govt to launch scheme under PMAY for affordable rental housing complexes for migrant workers

IBBI to organise webinar on valuations under IBC on May 15 from 1330 hrs to 1730 hrs

NCLAT cancels June annual vacation to make up lost time

 
CORP BRIEF
Govt to introduce RTI 'justice from home' concept in J&K

Knowledge bodies creating scientific awareness about COVID 19: DST Secretary

160 LMT food grains distributed to States, over 671 LMT in stock: Govt

 
SEBI CIRCULAR
Relaxation from applicability of SEBI Circular dated October 10, 2017 on non-compliance with Minimum Public Shareholding (MPS) requirements  
NCLT ORDER
Section 7 petition without annexing default record from Information Utility is unacceptable: NCLT  
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