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NCLT to implement second phase of e-Court with Automatic Case Number registration

December 29, 2020 Initiative part of Digital India drive Come January 1, 2021, all benches of the National Company Law Tribunal (NCLT) that have implemented e-filing will embark on the second phase of e-Court, with the launch of Automatic Case Number generation. The Automatic Case Number generation will happen out of the e-filing portal, said an order issued by NCLT. E-filing has been mandatorily started in all the benches of NCLT across the country under the e-Cort initiative, which was conceptualised in 2017. With the latest decision, the concept of e-Court will now cover e-filing, e-scrutiny, Automatic Case Number registration, case allocation and e-cause list generation.

International tribunal awards Cairn $1 2b damages in tax row with India

Modi govt continues UPA legacy, files appeal against Vodafone in Singapore

Modi govt continues UPA legacy, files appeal against Vodafone in Singapore The government has reportedly challenged the international tribunal s September verdict that ruled in favour of Vodafone Group Plc in the Rs 22,100-crore tax dispute case Manu Kaushik | December 24, 2020 | Updated 20:55 IST The government has filed the appeal in a Singapore court just before the 90-day deadline to do so In what seems like a conflicting stand, the government has reportedly challenged the international tribunal s September verdict that ruled in favour of Vodafone Group Plc in the Rs 22,100-crore tax dispute case. The government has filed the appeal in a Singapore court just before the 90-day deadline to do so.

Centre told to pay $1 2bn to Cairn

An international arbitration tribunal has directed the Indian government to pay $1.2 billion in damages to UK’s Cairn Energy the second such embarrassing loss for the Modi government following the one to Vodafone in another arbitration matter just three months back. Both the cases were against a controversial 2012 retrospective tax legislation  that gave the Indian government the power to go after M&A deals all the way back to 1962 if the underlying asset was in India. The international arbitration tribunal ruled unanimously that India had breached its obligations to Cairn under the UK-India Bilateral Investment Treaty and awarded Cairn damages of $1.2 billion plus interest and costs, Cairn Energy said in its statement.

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