Corporate Updates – 05-05-2017

IBBI:

The Insolvency and Bankruptcy Board of India has constituted a Technical Committee in accordance with Regulation 14 of the IBBI (Information Utilities) Regulations, 2017. Dr. R. B. Barman (Chairman, National Statistical Commission) has been appointed as Chairperson of the Committee. The Committee shall give its recommendation for laying down Technical Standards for the performance of core services and other services under Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017 and including on the matters relating to the Application Programming Interface; standard terms of service; registration of users; unique identifier for each record and each user; submission of information etc..

Delhi High Court

The High Court of Delhi recently joined ranks with several Courts around the country that are experimenting with the usage of technology in judicial proceedings. Justice Shri Rajiv Sahai Endlaw has recently allowed the Plaintiff to serve the summons on one of the defendants through Whatsapp, text message and email. The Court is hearing a case filed by Tata Sons alleging that 35 unidentified email ids were being used since December, 2015 to circulate “unwarranted, defamatory and baseless allegations questioning the integrity and educational qualification” of one of its employees.

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