Electronic book mechanism for issuance of securities on private placement basis (See 'Dashboard') Vivo invests Rs 200 crore to enhance capacity of Greater Noida facility (See 'Corp Brief') Kerala floods: Reliance Jio, Airtel, Vodafone & BSNL provide free services JSW Steel makes Rs 19,700 cr offer for Bhushan Power & Steel Flipkart eyes up to USD 1.7 bn from Big Billion Day sales Jio starts broadband registration, now data can be downloaded at 1 gigabit per second IBC - Moratorium imposed statutorily by Section 14 cannot be extended to personal guarantor: SC (See 'Legal Desk') SARFAESI Act - Continuous forum shopping by petitioner to challenge invocation of securitization proceedings by secured creditor, without complying with directions of pre-deposit is not justified: HC (See 'Legal Desk') Competition Act - Concerted action between Globecast & ESCL in bid for broadcast rights of sports events, which resulted in manipulation of bid process & reduction in competition for bids, amounts to infringement of Section 3: CCI (See 'Legal Desk') Airtel Payments Bank and Bharti Axa Life Insurance join hands to offer PMJJBY Former PM and Bharat Ratna Atal Bihari Vajpayee is no more Amazon infuses another Rs 2,700 cr in Indian operations Flipkart outpaces Amazon in sales growth Streamlining the process of public issue under the SEBI (See 'Dashboard') 11 Banks under RBI watch list: Secretary (FS) (See 'Corp Brief') Trademarks Act - Unauthorized use by defendant of registered trademark 'Apollo' and passing off its services as that of Plaintiff amounts to infringement: HC (See 'Legal Desk') Competition Act - TNCSC has authority to decide criteria for qualification of bidders and therefore, conditions put by it in tender process regarding capacity & resources of supplier is to ensure uninterrupted supply of essential commodities and thus, is not anti- competitive: CCI (See 'Legal Desk') GST - Credit conundrums - Overlooking them is no solution! (See 'Cob(Web)' in 'TIOL') NITI Aayog launches competition for startups (See 'Corpbrief') Exicom bags NTPC Tender for charging infrastructure for electric vehicles (See 'Corpbrief') Delhi ROC strikes off more than 24, 000 companies u/s 248 of Companies Act (See 'DashBorad') SEBI Act - Failure to disclose substantial acquisition of shares over limit specified under SAST Regulations to company as well as stock exchange amounts to violation and thus, warrants imposition of monetary penalties: SEBI (See 'Legal Desk') IBC - When there is prima facie dispute for claim made in relation to particular agreement, and payments made by financial debtor is not in dispute, same is not fit case for initiation of CIRP u/s 7 of IBC: HC (See 'Legal Desk') Adani gets gas rights for 21 cities, BPCL bags 11 DLF to offer only completed flats to remove delivery uncertainty

CORP EINSICHT

By Shweta Jain, CS

Entrepreneurs turn into Investors: Angel Investors for Startups

Published: Aug 09, 2018

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