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JUDGMENTS 1. Collusive Commercial Transactions With Corporate Debtor Will Not Constitute Financial Debt Under IBC: Supreme Court [Case: Phoenix Arc Private Limited v. Spade Financial.
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Nifty futures on the Singapore Exchange traded 73.50 points, or 0.49 per cent, higher at 15,055.50 in signs that Dalal Street was headed for a positive start on Tuesday. Here are a few stocks which may buzz the most in today s trade:
BPCL) is likely to sell up to 8.68 crore shares, or 4 per cent of the company equity, through a block deal on Tuesday. The company, according to bankers, has set a floor price of Rs 435 per share, a 6.8 per cent discount to Monday’s closing price of Rs 467.
Zydus Cadila is likely to release the phase III data of its Covid-19 vaccine by the end of this month or early next month, a senior company executive said.
Anuradha Agnihotri, Trilegal
A dispute resolution expert, Agnihotri has been a part of the legal sector for 14 years. She has extensive experience in international commercial and domestic arbitrations and litigation across courts and tribunals in India.
She regularly handles matters involving shareholder disputes, investment disputes, construction projects and a variety of cutting-edge commercial issues.
Agnihotri has also been working on technology disputes as well as with the TMT team, particularly representing intermediaries in various proceedings filed against them in defamation suits and similar matters.
She regularly appears on behalf of clients as an arguing counsel in arbitrations and courts and is passionate about two things – a strong judiciary and women at work.
Tata Motors shareholders give nod to hive-off PV biz into new entity
By IANS |
Published on
Mon, Mar 8 2021 19:27 IST |
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Tata Motors to buy Marcopolo s stakes in bus, coach JV for Rs 99.96 cr. Image Source: IANS
Mumbai, March 8 : Shareholders of Tata Motors have approved the hiving off of its passenger vehicles business into a separate entity.
The shareholders on March 5, resolution for approving the scheme of arrangement between Tata Motors Limited (transferor company ) and TML Business Analytics Services Limited (transferee company) and their respective shareholders under Section 230-232 of the Companies Act, 2013.
In a regulatory filing on Monday, Tata Motors said that over 99.96 per cent of the total votes came in support of the resolution.