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GeM continues to support Digital Public Procurement System (See 'Corp Brief')

Misc - RBI circular dated June 07, 2019 on 'Prudential Framework for Resolution of Stressed Assets' was policy decision taken by expert body in larger public interest: HC (See 'Legal Desk')

Ministry of Education reviews strategy for mainstreaming Out-of-School children (See 'Corp Brief')

Misc - NBFC cannot reposses financed vehicle through coercive means, without adherence to due process of law and in violation of RBI recovery guidelines: HC (See 'Legal Desk')

Govt extends timeline for Global Tender for REPM scheme (See 'Corp Brief')

Indian Pharmacopoeia Commission organizes Scientific Conclave (See 'Corp Brief')

A&C - Later attempt by insurer to artificially split same claim into separate components of admitted and denied liability does not render unpaid component non-arbitrable: HC (See 'Legal Desk')

Scindia reviews Key Development Projects during Sikkim Visit (See 'Corp Brief')

Union Minister of State for Coal & Mines reviews CMPDIL (See 'Corp Brief')

IBC - If transaction was builder-linked contractual arrangement rather than pure financial debt default, Section 7 IBC proceedings cannot be used in parallel with DRT recovery proceedings: SC (See 'Legal Desk')

Commerce Minister chairs meet on promoting fisheries exports (See 'Corp Brief')

Govt reviews progress of micro Food Processing Enterprises in Leh (See 'Corp Brief')

FERA - Foreign judgment is unenforceable in India as it fell within exceptions u/s 13 CPC: SC (See 'Legal Desk')

Railways carries 170% more Cement in last 4 Months (See 'Corp Brief')

A&C - Once seat of arbitration is expressly designated by agreement of parties, that seat becomes juridical home of arbitration and operates akin to exclusive jurisdiction clause: SC (See 'Legal Desk')

Self-reliance and jointness must for strategic autonomy & future-ready force: RM (See 'Corp Brief')

Company Law - For purpose of maintainability of petitions u/s 397 & 398, expression ‘member' is not to be confined only to formal entry in register of members u/s 41(2): SC (See 'Legal Desk')

NCB launches 6-Month Online Certification Program on Advanced Concrete Technology (See 'Corp Brief')

IBC - While subsidiary companies are separate legal entities, corporate veil may be lifted if associated companies are inextricably connected so as to form one concern: SC (See 'Legal Desk')

Supreme Court lays down scenarios for lifting of Doctrine of Corporate Veil (See 'CORP EINSICHTf')

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