TIOLCorplaws- Tiol Corplaws

Domestic defence production to cross Rs 1.60 lakh crore by 2025-26: RM (See 'Corp Brief')

Aero-India International Seminar begins in Bengaluru (See 'Corp Brief')

A&C - Managing director or chairman of party to arbitration agreement can't be appointed as Arbitrator: HC (See 'Legal Desk')

Traditional knowledge is India's Exclusive Asset: MoS (See 'Corp Brief')

MoD inks Rs 642 Cr contract with BEL for 28 EON-51 systems (See 'Corp Brief')

PMLA - Since concealment of proceeds of crime itself is 'offence', Enforcement Directorate is not required to establish where money eventually went: HC (See 'Legal Desk')

MoD inks Rs 10,147 Cr contracts with EEL, MIL & BEL for rockets (See 'Corp Brief')

Companies Act - Delhi HC allows plea moved by Audit firms; No merit in challenge to Sec 132 of Companies Act based on arguments of vicarious liability, retroactive operation & violation of Art 20(1) of Constitution: HC (See 'Legal Desk')

Number of commodities on e-NAM platform reaches 231 (See 'Corp Brief')

IBC - Raising money by issuance of convertible debentures with option to be later converted into equity shares, can be classified as 'financial debt' if default is committed by corporate debtor: NCLAT (See 'Legal Desk')

BIS & British Standards Institution discuss hydrogen standardization (See 'Corp Brief')

IBC - Bar on filing CIRP applications applies only to defaults that occur within moratorium period: HC (See 'Legal Desk')

IICA, CMAI sign MoU to enhance capacity for decarbonisation (See 'Corp Brief')

IBC - Resolution applicant shall obtain approval of Competition Commission of India under CCI Act prior to approval of such resolution plan by committee of creditors under IBC: SC LB (See 'Legal Desk')

India-Japan Dialogue organized to strengthen bilateral cooperation in Steel Sector (See 'Corp Brief')

Misc - Earnest money forfeited upon flat booking cancellation must be reasonable and not excessive enough to be considered as penalty u/s 74 of Contract Act: SC (See 'Legal Desk')

TIOL CORP SEARCH

TIOL GROUP WEBSITES