India, ADB sign USD 125 mn loan to improve water supply in Uttarakhand (See 'Corp Brief') Reliance Industries forms partnership with RSC for chemical production LenDenClub raises USD 10 million Saudi Aramco & BlackRock inks USD 15.5 billion gas pipeline deal NITI Aayog, CSE release 'Waste-wise cities' - compendium of best practices (See 'Corp Brief') Budget 21 provided capital outlay of Rs 5.54 lakh crore (See 'Corp Brief') 1.2 crore benefited under PM Rojgar Protsahan Yojana (See 'Corp Brief') Coal Production to grow at 11% till 2023: Minister (See 'Corp Brief') IBC - Once there is a debt due and payable to Financial Creditor by Corporate Debtor, NCLT cannot reject application u/s 7, giving more time to CD to pay the debt : NCLAT (See 'Legal Desk') A&C Act - Award may be erroneous but that does not warrant interference u/s 34: HC (See 'Legal Desk') SEBI - Failure to exercise due diligence in executing off-market transactions settled in cash exceeding prescribed limit violates clauses 1, 2(b), 3, 4 and 11 of Part A of Schedule III of Code of Conduct of D&P Regs., 1996 r.w. Reg. 20AA r.w. Reg. 98 of D&P Regs., 2018 : SEBI (See 'Legal Desk') Competition Act - When Opposite Party is not dominant, it is unnecessary to examine if alleged conduct constitutes abuse of dominant position under provisions of the Act : CCI (See 'Legal Desk') 232 Geographical Areas authorized for development of CGD networks (See 'Corp Brief') 1.42 Cr new accounts opened under Sukanya Samriddhi Account (See 'Corp Brief') Price hike of commercial vehicles of Tata Motors from 1 Jan PTC India to receive Rs 125 crore from stressed loan accounts in thermal power segment LIC inaugurates advanced loan processing centre in Guwahati SARFAESI Act - If borrower does not object to action of creditor and accept favourable decisions from creditor then later borrower would be estopped from taking inconsistent position to gain advantage through judicial proceedings : SC-LB (See 'Legal Desk') IBC - CIRP can not be initiated as Operational Creditor fails to satisfy Tribunal that there is a 'Operational Debt' which is due and payable by Corporate Debtor - NCLT (See 'Legal Desk') Competition Act - Agreement is not anti-competitive and violative of Sections 3 and 4 of the Act if it does not create entry barrier for any other person or enterprise to enter the similar business - CCI (See 'Legal Desk') SEBI Act - Since there is no stay of SEBI order thus there is no embargo upon the Recovery Officer to proceed independently to recover the amount under Section 28A of the SEBI Act - SAT (See 'Legal Desk') Dispute Resolution & ADR – Is ODR a humpless 'Camel' (See 'THE INSIGHT' in Taxongo.com) Draft Electricity (Amendment) Bill, 2021: A Paradigm Shift to Privatisation (See 'CORP EINSICHT')

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