Roadshow on First-ever Offshore Areas Mineral Blocks Auction held in Gujarat (See 'Corp Brief') House Panel discusses on Green Initiatives of Coal Sector (See 'Corp Brief') TRAI releases recommendations on assignment of addl spectrum to Railways (See 'Corp Brief') ADB's USD 350 mn policy-based loan aim to expand India's manufacturing sector (See 'Corp Brief') DRDO, IIT Delhi & Industry sign 10 tripartite agreements (See 'Corp Brief') India partners with France to establish Yuga Yugeen Bharat National Museum (See 'Corp Brief') SARFAESI - Obtaining in-principle approval from company's shareholders, as required u/s 62(1)(c) of Companies Act, 2013, is mandatory before allotting shares to any person: SC (See 'Legal Desk') 11th Round of Commercial Coal Mine Auctions: Pre-Bid Meeting Conducted (See 'Corp Brief') IBC - Karnataka HC refrains operational creditors from proceeding with CoC against corporate debtors, finding that NCLT has resumed hearings which was pending vide interim order: HC (See 'Legal Desk') Mandaviya Chairs 195th Meeting of ESIC (See 'Corp Brief') IPR - Once it is concluded that claims are patent ineligible, it is not necessary to deal with other grounds of decision, such as lack of inventive step: HC (See 'Legal Desk') PLI scheme for automobile given budgetary outlay of 25,938 Cr: Govt (See 'Corp Brief') Capital Market - SEBI can't initiate proceeding as soon as Suspicious Transaction Report is issued from financial intelligence unit without getting it analysed: SEBI (See 'Legal Desk') Govt reviews progress to transform India's regulatory ecosystem for medical products (See 'Corp Brief') PMLA - Apex Court grants bail to former West Bengal Education Minister and MLA Partha Chatterjee in money laundering case arising out of recruitment scam: SC (See 'Legal Desk') Council for Leather Exports presents National Export Excellence Awards (See 'Corp Brief') A&C - There cannot be 'optional' arbitration, where parties are required to mutually agree to invoke arbitration clause: SC (See 'Legal Desk') EPFO urges employers to upload wage details till 31st Jan, 2025 (See 'Corp Brief') A&C - Dispute related to wages and termination of employee are non-arbitrable and can be exclusively dealt with by statutory authorities established under Payment of Wages Act and Industrial Disputes Act: SC (See 'Legal Desk') Ministry of Mines webinar on India's First-ever Offshore Areas Mineral Blocks Auction (See 'Corp Brief') SARFAESI - Mere procedural irregularity or deviation from rules are no grounds to set aside confirmed sale, unless such errors are fundamental in nature: SC (See 'Legal Desk') Grant of Classical Language Status to 5 languages shows our commitment: Minister (See 'Corp Brief') SARFAESI - Right to maintenance is equivalent to fundamental right and shall have overriding effect over statutory rights of creditors: SC (See 'Legal Desk') DPIIT inks MoU with Tally Solutions to mentor manufacturing startups (See 'Corp Brief') A&C - Sec 14 of Limitation Act is applicable to Arbitration and Conciliation Act: SC (See 'Legal Desk') India's Multiple Transitions: Financing a big Investment Push (See 'Corp Brief') Misc - No finding, sentence, or order by Special Judge shall be reversed by Court of appeal on ground of absence, error, omission or irregularity in sanction under Prevention of Corruption Act: SC (See 'Legal Desk') CCI okays acquisition of stake of Speed JVco S.a r.l. (Target) by Ramon Investments (See 'Corp Brief') Misc - Absence of specific prayer seeking transfer of possession has no bearing on character of suit, which is one covered by Sec 16(d) of CPC, when transfer of possession of suit property is implicit in contract: SC (See 'Legal Desk') DPIIT conducts over 1,300 programs to foster deeper understanding of IPRs (See 'Corp Brief') Misc - Liability for payment of compensation under NI Act, pending appeal, can only be fastened upon drawer of cheque, and not on company's official who acted as authorized signatory: SC (See 'Legal Desk') IBC amended six times to strengthen process of Insolvency Resolution: Govt (See 'Corp Brief') Misc - Highest bidder in Notice Inviting Tender cannot have vested right to have auction concluded in his favor: SC (See 'Legal Desk')

ABOUT US

TIOLCORPLAWS.COM is a resource covering a wide gamut of legislations and case laws on the Companies Act, Competition Act, Capital Market Laws, IPR Laws, foreign exchange laws, reporting real time developments, providing news round ups, editorial columns, discussions & debates on important issues. The site is divided into broad SEVEN segments namely:

1. Companies Law - Apart from the latest cases of Companies Act adjudicated by the Supreme Court and High Court, this segment contains an exhaustive compilation of various Rules, Notifications and orders issued by the Ministry of Corporate Affairs. Real time updation of this data is made to meet your demand of current & relevant information.

2. Competition Laws - Competition laws is a relatively new but promising area attracting diverse group of professionals. Cases adjudicated by the Competition Commission of India as well as Competition Appellate Tribunal will form a part of this segment in addition to the High Court and Supreme Court cases. It also carries a collection notification and ciculars on this subject.

3. Capital Market Laws - This segment contains Circulars, Notifications, Regulations & Guidelines issued by the Capital Market Regulator, SEBI in addition to the Act and Rules. The case law portion covers a wide range of cases adjudicated upon by the Supreme Court, High Court, Securities Appellate Tribunal as well as SEBI.

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5. FEMA & PMLA - Foreign exchange laws and FDI policy assumes a critical importance for obvious reasons. In addition to this, Prevention of Money Laundering Act has an inevitable presence to eradicate abusive practices which leads to generation of black money in the economy. This section will constantly update our subscribers about every important development taking place in these respective domains. This segment contains all applicable Acts, comprehensive list of various Rules, Regulations and Circulars, including RBI Circulars, FEMA & PMLA Notifications and DIPP Press Notes.

6. Miscellaneous - Our miscellaneous segment covers cases, notifications etc. pertaining to Banking Laws, Sarfesi Act, Stamp Act, Limitation Act etc. The purpose behind including this segment is to ensure no relevant judgement or information should slip away from the notice of our readers and they derive maximum benefit from the information.

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CEO & Founder Editor, Shailendra Kumar: Founder and CEO of TIOL Shailendra Kumar, belongs to the financial journalism field. He launched his career with The Indian Express Newspaper in 1990 and then moved on to The Economic Times where he worked for more than five years. Thereafter, he conceptualized and launched TIOL to cater to the needs of the corporate & business sector. He envisioned TIOL as a support & information delivery organisation which would lend the corporates a helping hand in their quest for updated knowledge and information as well as a media watchdog for Indian tax and trade policies. Mr. Kumar holds a Bachelor of Economics Honours degree from the University of Delhi, and has a Post Graduate Degree in Mass Communication from the Indian Institute of Mass Communication. He was the recipient of the 2001 Outstanding Media Professional Award presented by the India International Professionals Forum. He is also the First Recipient of CERTIFICATE OF MERIT conferred by the World Customs Organisation headquartered at Brussels. He writes a much-awaited and widely-acclaimed weekly column for TIOL - The Cob(Web). He has also authored a book "It's Raining Black! Chronicles of Black Money, Tax Havens and Policy Response" that talks about policy measures framed by the government to tackle the menace of illegal funds in the country and abroad. The book is published by LexisNexis has a foreword by the Chairman and Vice Chairman of the Special Investigation Team, Justice (retd) M B Shah and Justice (retd) Arijit Pasayat respectively.

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