Insolvency and Bankruptcy Code - Period of 'seven days' for removal of defects in corporate insolvency resolution application u/s 9 of Bankruptcy Code, is 'directory' and not 'mandatory': SC (See 'Legal Desk') TVS Jupiter Crosses 2 Million Sales Mark in 4 Years NCLT approves scheme of Arrangement for amalgamation of Lloyds Line Pipes with APL Apollo Tubes Petron Engineering begs purchase Order from JSW Steel worth Rs. 280 Crores Scottish Widows join hands with Diligenta to enhance its service for heritage customers Wipro, CloudGenix Partner to Deliver Managed SD-WAN Services HUA Min assures to support J & K in urban development (See 'TOG News') Home Min launches 'PENCIL' portal to prohibit child labour (See 'TOG News') Walmart India offers 2nd inning of women entrepreneurial development program (See 'TOG News') Participation of Foreign Portfolio Investors (FPIs) in Commodity Derivatives in IFSC (See 'Dashboard') Prevention of Unauthorised Trading by Stock Brokers (See 'Dashboard') Amendments to Master Direction- Reserve Bank of India (Financial Services provided by Banks) Directions, 2016 (See 'Dashboard') India joins race in 5G, Constitutes High Level Forum (See 'Top News' in TIOL) India-Indonesia Trade Talks - Prabhu raises regulatory barriers issue (See 'Top News' in TIOL) President to launch Incredible India version 2.0 (See 'Top News' in TIOL) Inverted duty structure in GST (See 'ST se GST tak' in TIOL) Competition Act - Competition Act cannot be used to interpret the contract conditions/policies of telecom Sector, arising out of TRAI Act - HC Anomaly in Rates of GST (See 'TOG Insight') Insolvency & Bankruptcy Code - Certificate from Banker is imperative and in absence of that NCLT is constrained not to consider the CIRP applications - NCLT (See 'Legal Desk') SEBI Act - A visible pattern in transactions of the Noticee to sell scrip in upward trend pursuant to sending of SMSs, is an act of fraudulent trading to mislead innocent investors - SEBI (See 'Legal Desk') Aditya Birla group gets RBI nod for Asset Reconstruction Company FDI in JSW Holdings requires prior approval : RBI (See 'Corp brief') Clarification to Enhanced Supervision Circular (See 'Dashboard')

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By Naresh Minocha

Winning Perception Battle In Enforcing Contracts Can't Hide Rot

Published: Sep 18, 2017

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