Foundational Literacy and Numeracy Assessment Test to be conducted nationwide under ULLAS (See 'Corp Brief') SARFAESI Act - Petitioner is unable to carve out any exceptional or extraordinary circumstance, which calls for interference by Court : HC (See 'Legal Desk') Bricks laid to establish 'Centre for Preservation & promotion of Tribal Culture & Heritage' (See 'Corp Brief') SAST Regulations - There is undue delay in filing of appeal and same is liable to be dismissed on ground of laches : SAT (See 'Legal Desk') Govt signs MoU with SIDBI and NIESBUD for transformation of Fair Price Shops (See 'Corp Brief') PMLA - Mere issuance of summons to another person or seeking leave of Court to file additional evidence, without there being any other sufficient material to challenge, petitioner cannot be held to be entitled to default bail : HC (See 'Legal Desk') IBC - Mr. Alok Kumar compromised his independence as RP for which his registration can be suspended for 3 months : IBBI (See 'Legal Desk') Govt to promote indigenous manufacturing and self-reliance in coal sector (See 'Corp Brief') SEBI Act - Contention that appellants would release money only after their accounts are de-freezed is patently misconceived and cannot be accepted : SAT (See 'Legal Desk') IBC - Application filed u/s 95 to initiate Insolvency Resolution Process against Personal Guarantor can be admitted as Personal Guarantor has defaulted in payment of dues within 14 days from service of demand notice : NCLT (See 'Legal Desk') Railways revenue touches Rs 2.40 Lakh Crores; over 1500 Million Tonnes of freight transported; aims 5100 Km of track laying this fiscal (See 'Corp Brief') SCRA - Even if there is technical breach and there is no misuse of client funds, nonetheless, if something is required to be done in particular manner it should be done in that fashion : SAT (See 'Legal Desk') SARFESI Act - Mere reference to property as 'agricultural’ as per revenue records is not sufficient to accept same as such for purpose of SARFESI Act: HC (See 'Legal Desk')

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