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(See 'Corp Brief') Company Law - Sourcing pre-condition deposit unlawfully from corporate funds in direct violation of Sec 185, or executing settlement agreements without effectuating actual refunds or delivering legally valid & habitable possession, is illegal: SC (See 'Legal Desk') CCI approves acquisition of equity in Nabha Power by Torrent Power Ltd. (See 'Corp Brief') Prototype Fast Breeder Reactor at Kalpakkam attains First Criticality (See 'Corp Brief') Policy for Transit Oriented Development for providing affordable housing in Delhi (See 'Corp Brief') PMLA - Initiating proceedings under PMLA for continuing possession or use of proceeds of crime acquired prior to enactment of PMLA does not violate Article 20(1) of Constitution: HC (See 'Legal Desk') Ministry of Mines notifies Amendment in Rules for Faster Operationalisation of Mines (See 'Corp Brief') Govt to curb Distress Sale in APT Crops; Value Addition to boost Farmers' Income (See 'Corp Brief') Navi Mumbai turning Textile Waste into Opportunity for People (See 'Corp Brief') TRAI releases Paper on 'Formulation of Regulatory Framework for ALTD Services (See 'Corp Brief') IPR - Minor alteration to well-established trademark, such as changing single letter, does not render new mark dissimilar, especially when it remains phonetically and visually close to original: HC (See 'Legal Desk') GeM achieves Rs 18.4 Lakh Crore GMV, Emerges as Key Digital Public Procurement Platform (See 'Corp Brief') Benami Act - Burden of proof of benami transaction rests strictly upon person asserting it, and reliance solely on uncorroborated statements of third parties recorded in unrelated Income Tax proceedings, is insufficient: SAFEMA (See 'Legal Desk') Union Minister to inaugurate NCVET Capacity Building (See 'Corp Brief') FEMA - Continuing adjudication u/s 16 of FEMA despite competent authority's refusal to confirm seizure u/s 37A of FEMA, is contrary to law: SC (See 'Legal Desk') Minister calls for stronger research-industry linkages to scale food innovation sector (See 'Corp Brief') A&C Act - Doctrine of 'transnational issue estoppel' applies to enforcement proceedings u/s 48 of Arbitration Act, barring enforcement court from undertaking merits-based review: SC (See 'Legal Desk') MoS backs scaling up indigenous Insulin production amid global supply concerns (See 'Corp Brief') A&C - Mere existence of document, despite it containing arbitration clause, would not qualify as arbitration agreement, unless it is signed by parties seeking to invoke clause as also party against whom enforcement is sought: HC (See 'Legal Desk') New Sainik School reflects Centre's Vision for Nation-Building through Education (See 'Corp Brief') A&C - Agreement to sell being unregistered and unstamped as per Registration Act, Transfer of Property Act, and Indian Stamps Act, cannot be enforced: HC (See 'Legal Desk') Supreme Court Clears Path For Single Insolvency Proceedings Against Linked Group Companies (See CORP EINSICHT)

National MSME Expedition Team reaches Lucknow

Published: Dec 08, 2021

By TIOLCorplaws News Service

NEW DELHI, DEC 08, 2021: A National MSME Expedition team is on a journey of about 3500 kms across five states for making people aware about various Government schemes. The team has reached Lucknow after travelling by road from Delhi to Faridabad, Ballabhgarh, Palwal, Agra, Firozabad, Fatehpur, Kanpur, Prayagraj, Banaras in Uttar Pradesh, Rewa in Madhya Pradesh, Buxar, Arra, Patna, Chhapra, Champaran in Bihar. It also visited Gorakhpur, Sant Kabir Nagar, Sultanpur, Kannauj in UP.

Addressing the participants of the expedition team, UP Minister for MSME Siddharth Nath Singh said, MSME has a special place among all the economic development related departments of the government. He suggested bringing all industry related issues under the purview of MSME.

Union Minister for MSME Narayan Rane had flagged off this expedition team from Delhi on November 27th. The members of the campaign team met senior officers in these States to publicize various schemes of MSMEs through several meetings.

This campaign, organized on as part of 'Azadi Ka Amrit Mahotsav', is organizing 50 MSME meetings in rural areas and 25 MSME meetings in urban areas. So far, this expedition team has travelled and participated in a number of meetings and has encouraged thousands of people for self-employment.

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