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') 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') Delhi High Court allowed pleas moved by CA/ Audit firms; No merit in challenging Section 132 of Companies Act based on arguments of vicarious liability, retroactive operation and violation of Article 20(1) of the Constitution Explanation to Section 132(4) in unambiguous and explicit terms provides that the expression 'professional or other misconduct' would have the same meaning as assigned to that phrase by Section 22 of the CA Act. Section 132 does not create a new species of misconduct nor does it create a liability which was otherwise not contemplated under a pre-existing legislation. (Para 205) Section 132 does not create a new disqualification or create a novel set or category of misdemeanors to constitute professional or other misconduct. (Para 209) MoD inks Rs 10,147 Cr contracts with EEL, MIL & BEL for rockets (See 'Corp Brief') IBC - Bar on filing CIRP applications applies only to defaults that occur within moratorium period: HC (See 'Legal Desk') Number of commodities on e-NAM platform reaches 231 (See 'Corp Brief') IBC - Last payment made by corporate debtor within period of limitation amounts to acknowledgment u/s 19 of Limitation Act: NCLAT (See 'Legal Desk') BIS & British Standards Institution discuss hydrogen standardization (See 'Corp Brief') TM- When adoption of mark is tainted with bad faith, no amount of subsequent use can cleanse vice of dishonest adoption: 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') MoS reaffirms India's commitment to global pharmaceutical standardization (See 'Corp Brief') A&C - Pendency of civil & criminal litigation inter se partners, cannot estop one of partners from invoking arbitration clause or bar reference of dispute for adjudication to arbitrator for determination: HC (See 'Legal Desk') Potassium derived from Molasses can be used by farmers: Minister (See 'Corp Brief') Arbitration Act -There is no bar to avail remedy u/s 9 of Arbitration Act: HC (See 'Legal Desk') Vesting Orders for 7 Coal Mines issued (See 'Corp Brief') IBC - Cause of action for initiating proceedings u/s 7 of IBC arises when debt is acknowledged by debtor: NCLAT (See 'Legal Desk') CCI okays acquisition of stake in POSCO India by POSCO India Processing Center (See 'Corp Brief') 'Haj Suvidha App' is for convenience of pilgrims: Rijiju (See 'Corp Brief') Arbitration Act - If respondent had waived right to raise objection regarding legal capacity of applicant to move application for appointment of Arbitrator, he cannot be permitted to raise objection at belated stage: HC (See 'Legal Desk') Bharat Tex is perfect example of industry-govt collaboration: Textiles Secretary (See 'Corp Brief') Web-portal enables citizens to participate in Youth Parliament program (See 'Corp Brief') BIS hosts Annual Convention in Healthcare Sector (See 'Corp Brief') SARFAESI - Claims of secured creditor precede claims of Sales Tax/VAT Departments; charge created by Sales Tax Department subsequent to charge created by bank under SARFAESI Act, lacks legal standing: HC (See 'Legal Desk') Unlocking creativity through Trailer Making Competition (See 'Corp Brief') India's First Ferret Research Facility dedicated to Nation (See 'Corp Brief') IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016- There is fiduciary angle to relationship between IP and IBBI: IBBI (See 'Legal Desk') IEPFA signs MoU with Association of Chartered Certified Accountants (See 'Corp Brief') Secretary chairs Stakeholders' Meeting to review preparations of India Steel 2025 (See 'Corp Brief') IBC - Non Fund Based facilities cannot be refused to be disbursed when approved Resolution Plan contains clause for their disbursement: NCLAT (See 'Legal Desk') Govt taking steps for Door-to-Door gas supply through pipeline (See 'Corp Brief') PMLA - Court woud not interfer with order passed as apellant fails to give explanation for embezzlement of funds: TRIBUNAL (See 'Legal Desk') Business trusts to pay tax at maximum marginal rate (See 'Corp Brief') Focus on nuclear energy to strengthen power infra: Manohar Lal (See 'Corp Brief') A&C - Mere existence of arbitration clause in agreement does not bar jurisdiction of civil court automatically: HC (See 'Legal Desk') Budget proposes surcharge levy on firms (See 'Corp Brief') A&C - Award without reasons would suffer from patent illegality as it completely ignores vital provisions of the agreement: HC (See 'Legal Desk') Budget offers incentives for International Finances Services Centre units (See 'Corp Brief') IBC - Copy of Resolution Plans submitted by other Prospective Resolution Applicants cannot be shared in advance with suspended management of corporate debtor, if suspended management is also RP: NCLAT (See 'Legal Desk') 'Bharattradenet' for global trade to be set up for trade financing (See 'Corp Brief') Arbitration Act - Court to appoint independent sole arbitrator as appointment procedure choosed by parties is no longer valid: HC (See 'Legal Desk')

Unlocking creativity through Trailer Making Competition

Published: Feb 04, 2025

By TIOLCorplaws News Service

NEW DELHI, FEB 04, 2025: THE Trailer Making Competition Delhi Roadshow took centre stage at Gurutegh Bahadur 4th Centenary Engineering College (GTB4CEC) last week, marking a key stop in a series of roadshows leading up to the grand finale of the nationwide Trailer Making Competition.

Organized by the Federation of Indian Chambers of Commerce & Industry and Reskilll, with the Ministry of Information and Broadcasting, and Netflix as the creative partner, GTB4CEC as the academic partner, this initiative provided an unparalleled platform for participants to explore the art of storytelling and video editing.

A Platform for Creativity and Innovation

Unlocking Creativity: Trailer Making Competition, powered by Netflix Fund for Creative Equity as part of the WAVES 2025, is a competition designed to inspire and equip aspiring filmmakers. This unique initiative offers students the chance to create compelling trailers, drawing from Netflix's extensive content library. It featured an intensive 3-month cohort to equip participants with in-depth skills in video editing, storytelling, and trailer production.

Participants in the Trailer Making Competition will receive various recognitions and rewards based on their performance. Every participant who submits a valid trailer will be awarded a Certificate of Participation. The top 50 entrants will receive a Certificate of Excellence along with exclusive recognition from the Federation of Indian Chambers of Commerce & Industry (FICCI) and Netflix.

Furthermore, the top 20 contenders will be honoured with a trophy, exclusive merchandise, and the unique opportunity to attend the WAVES, showcasing their achievements and connecting with industry leaders.

Registrations are ongoing and will close on 31st March 2025. Till now, around 3200 registrations from around the globe have been done. The general profiles of participants range from college students i.e. aspiring content creators and video editors to working professionals jumping on their hobby or applying using their ongoing venture as editors and creators.

Registration link: https://reskilll.com/hack/wavesficci/signup

Delhi Roadshow at GTB4CEC

Roadshows across the country, including the Delhi Roadshow at GTB4CEC, have been pivotal in inspiring and nurturing creative talent.

Key Highlights of the Delhi Roadshow

Hands-On Workshops:

Participants received practical training in green screen editing, color correction, and advanced video editing techniques.

Creative Challenge:

Attendees crafted engaging trailers based on provided themes, showcasing their storytelling and technical abilities.

Industry Insights:

A panel of experts evaluated the trailers and shared valuable feedback to help participants refine their craft.

Showcase of Talent:

The roadshow celebrated the creativity of budding filmmakers and editors, building momentum as they prepare for the grand finale.

The event featured Dhruv Mathur, Senior Video Editor at Reskill, as the key speaker, who shared his expertise in video editing and provided guidance to participants on mastering storytelling techniques.

The Road Ahead

The Trailer Making Competition and its roadshows aim to identify and nurture the next generation of filmmakers and storytellers. With the cohort completed, participants are now set to compete for prestigious awards and industry recognition at the grand finale during the Waves Summit.

The Delhi Roadshow was a testament to the transformative power of storytelling and video editing, setting the stage for an exciting conclusion to this nationwide competition.

TIOL CORP SEARCH

TIOL GROUP WEBSITES