TIOLCorplaws- Tiol Corplaws

PM addresses Rojgar Mela through video conferencing (See 'Corp Brief')

IBC - Moratorium declared u/s 14 of IBC, 2016 will not extinguish any claim: SC (See 'Legal Desk')

Minister reviews Urban Development Sector of Lakshadweep (See 'Corp Brief')

Misc - Seller can raise ground of 'hardship' in performance of contract, only if it is established by cogent evidence that he/she was unable to foresee hardship at time of entering into contract: SC (See 'Legal Desk')

IREDA bags Triple Honours at 14th PSE Excellence Awards (See 'Corp Brief')

FEMA - Investigations lingering in limbo for extended period can't serve as tool to indefinitely impede any company's legitimate business activities: HC (See 'Legal Desk')

National Consumer Day: App to protect Consumers from Dark Patterns (See 'Corp Brief')

IBC - If secured creditor fails to pay liquidation costs within 90 days after its intention to realise security interest, then security interest shall stand relinquished: NCLAT (See 'Legal Desk')

Minister reviews of Power and Urban Development Sector of Kerala (See 'Corp Brief')

Capital Market - Act of underwriting by merchant banker is not restricted to only such securities that remain unsubscribed in primary issuance, but to sale of securities too: SEBI (See 'Legal Desk')

Necessary to plan early for pension, ANI may create awareness: DFS Secretary (See 'Corp Brief')

A&C - Arbitral tribunal retains limited jurisdiction to clear errors or issue clarification on award passed even after becoming functus officio, after passing of award: SC (See 'Legal Desk')

PLI Scheme reshaping Industries: Govt (See 'Corp Brief')

Misc - Prolonged occupancy, financial investment, and authority's inaction do not legitimize unauthorized structures: SC (See 'Legal Desk')

Patil inaugurates Climate Smart Agro-Textile Center in Gujarat (See 'Corp Brief')

Competition - 2021 policy WhatsApp update on 'take- it-or-leave-it' basis constitute imposition of unfair condition; It compels users to accept expanded data collection terms and its sharing within Meta Group without any opt out: CCI (See 'Legal Desk')

Roadshow on First-ever Offshore Areas Mineral Blocks Auction held in Gujarat (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')

House Panel discusses on Green Initiatives of Coal Sector (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')

TRAI releases recommendations on assignment of addl spectrum to Railways (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')

ADB's USD 350 mn policy-based loan aim to expand India's manufacturing sector (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')

DRDO, IIT Delhi & Industry sign 10 tripartite agreements (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')

TIOL CORP SEARCH

TIOL GROUP WEBSITES