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SpiceJet Moves Supreme Court Against Delhi HC Refusal To Modify ₹144.51 Crore Deposit Condition In Dispute With Kalanithi Maran

SpiceJet Moves Supreme Court Against Delhi HC Refusal To Modify ₹144.51 Crore Deposit Condition In Dispute With Kalanithi Maran

SpiceJet Limited and its chairman, Ajay Singh, have moved the Supreme Court against a Delhi High Court order refusing to allow them to secure ₹144.51 crore due to Kalanithi Maran and Kal Airways by depositing title deeds of SpiceJet's Gurugram property instead of making a cash deposit in their...

LiveLawBiz: Corporate Legal News Daily Round-Up: May 15, 2026

LiveLawBiz: Corporate Legal News Daily Round-Up: May 15, 2026

States Cannot Levy Local VAT On Inter-State Sales Even If Sale Is Deemed To Occur Within The State: Supreme Court

States Cannot Levy Local VAT On Inter-State Sales Even If Sale Is Deemed To Occur Within The State: Supreme Court

Earlier Arbitration Clause Binds Developer, Society Members As Redevelopment Agreements Adopted All Terms: Supreme Court

Earlier Arbitration Clause Binds Developer, Society Members As Redevelopment Agreements Adopted All Terms: Supreme Court

Delhi High Court Imposes ₹2 Lakh Cost On Dior, Dismisses Poison Pot Trademark Suit

Delhi High Court Imposes ₹2 Lakh Cost On Dior, Dismisses 'Poison Pot' Trademark Suit

High Court Cannot Reopen Arbitration Maintainability In Award Challenge After Final Reference-Stage Ruling: Supreme Court

High Court Cannot Reopen Arbitration Maintainability In Award Challenge After Final Reference-Stage Ruling: Supreme Court

Supreme Court & High Courts

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States Cannot Levy Local VAT On Inter-State Sales Even If Sale Is Deemed To Occur Within The State: Supreme Court
States Cannot Levy Local VAT On Inter-State Sales Even If Sale Is Deemed To Occur Within The State: Supreme Court
Telangana HC Upholds Sale of Mortgaged Property, Says 30-Day SARFAESI Notice Period Runs From First Valid Service
Telangana HC Upholds Sale of Mortgaged Property, Says 30-Day SARFAESI Notice Period Runs From First Valid Service
Madhya Pradesh High Court (Indore Bench), Justice Anil Verma, rape, father-daughter, rape, POCSO,
MP High Court Sends Bharat Commerce Asset Sale Dispute Back To Company Court To Consider Post-Auction Higher Bid
Time Awaiting MCA Nod Cannot Extend Limitation For Companies Act Prosecution Where Law Mandates No Sanction: MP High Court
Time Awaiting MCA Nod Cannot Extend Limitation For Companies Act Prosecution Where Law Mandates No Sanction: MP High Court
Section 138 Case Not Maintainable Against Director Once Liquidator Takes Control: Delhi High Court
Section 138 Case Not Maintainable Against Director Once Liquidator Takes Control: Delhi High Court
Calcutta High Court Upholds Rejection Of Suit For Skipping Mediation Under Commercial Courts Act
Calcutta High Court Upholds Rejection Of Suit For Skipping Mediation Under Commercial Courts Act
Earlier Arbitration Clause Binds Developer, Society Members As Redevelopment Agreements Adopted All Terms: Supreme Court
Earlier Arbitration Clause Binds Developer, Society Members As Redevelopment Agreements Adopted All Terms: Supreme Court
Bombay High Court Holds Arbitral Tribunal Cannot Rewrite EPC Contract Or Shift Contractual Risk
Delhi High Court Quashes Summons Against Compact Capital, Kalptaru Fincap In ₹539.37 Crore Sunstar PMLA Case
High Court Cannot Reopen Arbitration Maintainability In Award Challenge After Final Reference-Stage Ruling: Supreme Court
Delhi High Court Restrains Sale Of Crompton's Grace Ceiling Fans In Orient Design Infringement Suit
Delhi High Court Refuses To Halt OTT Release Of Dhurandhar 2 Over Disputed 'Oye Oye' Song
Bombay High Court Refers Talent Management Firm's Dispute With YouTuber Prajakta Koli To Arbitration
Madras High Court Restrains Unauthorised Broadcast Of Upcoming Varun Dhawan Film 'Hai Jawani Toh Ishq Hona Hai'
Jharkhand High Court Grants Anticipatory Bail To Garhwa Shop Owner In Duplicate Castrol Oil Case
Himachal Pradesh HC Refuses To Throw Out Swiss Company's Patent Suit Against Indian Wire Mesh Manufacturer
Bombay High Court Grants Interim Injunction Against Unauthorised Online Sale Of CARALL Car Perfume Products
Calcutta High Court Sets Aside Temporary Injunction In Copyright Dispute As Suit Was Filed As Declaratory Suit
J&K and Ladakh High Court Rejects Arbitration Plea Against HPCL, Finds No Agreement In Ad Hoc Dealership
GST Audit Completion Does Not Bar Further Tax Proceedings for Unpaid Tax: J&K and Ladakh High Court
Delhi High Court Directs Meta To Take Down Ads Using StoryTV Content To Promote Bullet App
Allahabad High Court Allows Writ Petition Against Arbitral Award Passed After Unilateral Shift Of Seat

INSOLVENCY AND BANKRUPTCY CODE (IBC)

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NCLT Kochi Allows Legal Heirs Impleadment In Oppression Case As Applicant Was Unaware Of Death At Filing

16 May 2026 10:45 AM IST

Rupali jain  

NCLT Kochi Allows Legal Heirs' Impleadment In Oppression Case As Applicant Was Unaware Of Death At Filing
NCLT Mumbai Refuses To Treat Securities Transactions By A Securities Trading Company As Fraudulent Under IBC

16 May 2026 10:05 AM IST

Rupali jain  

NCLT Mumbai Refuses To Treat Securities Transactions By A Securities Trading Company As Fraudulent Under IBC
NCLT Mumbai Admits Homebuyers Insolvency Plea Against Developers Of Stalled Avenue 54 Project

15 May 2026 9:00 PM IST

Kirit Singhania  

NCLT Mumbai Admits Homebuyers' Insolvency Plea Against Developers Of Stalled Avenue 54 Project
NCLT Mumbai Allows Loyal Auto Globe Liquidator To Seek Release Of MPID-Attached Properties

15 May 2026 5:17 PM IST

Kirit Singhania  

NCLT Mumbai Allows Loyal Auto Globe Liquidator To Seek Release Of MPID-Attached Properties
NCLT Ahmedabad Approves ₹29 Crore Resolution Plan for Amul Industries, Rejects Workmens Objections

15 May 2026 4:16 PM IST

Sandhra Suresh  

NCLT Ahmedabad Approves ₹29 Crore Resolution Plan for Amul Industries, Rejects Workmen's Objections
Periyar Agros ₹14.3 Crore Stock Could Not Have Vanished Like Water; NCLT Kochi Orders Directors To Pay ₹38 Crore

15 May 2026 12:07 PM IST

Shilpa Soman  

Periyar Agro's ₹14.3 Crore Stock Could Not Have 'Vanished Like Water'; NCLT Kochi Orders Directors To Pay ₹38 Crore
NCLAT Rejects Venugopal Dhoots Bid To Include Videocon Foreign Oil Assets In VIL CIRP

15 May 2026 11:03 AM IST

Sandhra Suresh  

NCLAT Rejects Venugopal Dhoot's Bid To Include Videocon Foreign Oil Assets In VIL CIRP
NCLT Kochi Rejects Bid To Claw Back Periyar Agros Alleged Gift Transfers To Suspended Directors

15 May 2026 9:36 AM IST

Shilpa Soman  

NCLT Kochi Rejects Bid To Claw Back Periyar Agro's Alleged 'Gift' Transfers To Suspended Directors

INTELLECTUAL PROPERTY RIGHTS (IPR)

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Delhi High Court Upholds Interim Injunction Against Geeta Publishing House Over Subhash Dey Books

Delhi High Court Upholds Interim Injunction Against Geeta Publishing House Over Subhash Dey Books

The Delhi High Court has recently upheld a District Judge's refusal to vacate an interim injunction restraining Geeta Publishing House from publishing, selling, revising, editing, circulating, or advertising Subhash Dey's Business Studies books for Classes XI and XII, or any other books authored by...

Calcutta High Court Upholds Rejection Of Suit For Skipping Mediation Under Commercial Courts Act

Calcutta High Court Upholds Rejection Of Suit For Skipping Mediation Under Commercial Courts Act

Delhi High Court Imposes ₹2 Lakh Cost On Dior, Dismisses Poison Pot Trademark Suit

Delhi High Court Imposes ₹2 Lakh Cost On Dior, Dismisses 'Poison Pot' Trademark Suit

Delhi High Court Restrains Sale Of Cromptons Grace Ceiling Fans In Orient Design Infringement Suit

Delhi High Court Restrains Sale Of Crompton's Grace Ceiling Fans In Orient Design Infringement Suit

Delhi High Court Refuses To Halt OTT Release Of Dhurandhar 2 Over Disputed Oye Oye Song

Delhi High Court Refuses To Halt OTT Release Of Dhurandhar 2 Over Disputed 'Oye Oye' Song

Madras High Court Restrains Unauthorised Broadcast Of Upcoming Varun Dhawan Film Hai Jawani Toh Ishq Hona Hai

Madras High Court Restrains Unauthorised Broadcast Of Upcoming Varun Dhawan Film 'Hai Jawani Toh Ishq Hona Hai'

Jharkhand High Court Grants Anticipatory Bail To Garhwa Shop Owner In Duplicate Castrol Oil Case

Jharkhand High Court Grants Anticipatory Bail To Garhwa Shop Owner In Duplicate Castrol Oil Case

GST / VAT / CST

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GST Audit Completion Does Not Bar Further Tax Proceedings for Unpaid Tax: J&K and Ladakh High Court

14 May 2026 2:46 PM IST

LiveLawBiz News Desk  

GST Audit Completion Does Not Bar Further Tax Proceedings for Unpaid Tax: J&K and Ladakh High Court
ITC Claims Filed Before 30 November 2021 Cannot Be Rejected on Limitation Ground: Karnataka High Court

11 May 2026 3:04 PM IST

Mehak Dhiman  

ITC Claims Filed Before 30 November 2021 Cannot Be Rejected on Limitation Ground: Karnataka High Court
Education Consultancy Services To Foreign Universities Not Intermediary Services Under GST: Delhi High Court

8 May 2026 9:21 PM IST

Kapil Dhyani  

Education Consultancy Services To Foreign Universities Not 'Intermediary Services' Under GST: Delhi High Court
Rajasthan High Court, Maintaining Detention Centres, Good Condition, Basic Requirement, Human Dignity, Justice Sandeep Mehta and Justice Farjand Ali,

7 May 2026 8:03 PM IST

Nupur Agrawal  

Rajasthan High Court Upholds GST Penalty Order Despite Absence Of DIN, Says RFN Is Sufficient
No Fresh GST Demand For Same Amount Without Credit For Reversed ITC: Orissa HC Sets Aside Tax Demand

5 May 2026 9:50 AM IST

Mehak Dhiman  

No Fresh GST Demand For Same Amount Without Credit For Reversed ITC: Orissa HC Sets Aside Tax Demand
University Affiliation, NOCs Not Supply, No GST On Statutory Functions: Andhra Pradesh High Court

4 May 2026 2:03 PM IST

Mehak Dhiman  

University Affiliation, NOCs Not 'Supply', No GST On Statutory Functions: Andhra Pradesh High Court
Consolidated GST Show Cause Notices Across Multiple Years Permissible: Karnataka High Court

1 May 2026 12:05 PM IST

Manu Sharma  

Consolidated GST Show Cause Notices Across Multiple Years Permissible: Karnataka High Court
Mere GST Deposit In Electronic Ledger Not Payment Until Appropriated To Government: Andhra Pradesh High Court

30 April 2026 9:27 AM IST

Mehak Dhiman  

Mere GST Deposit In Electronic Ledger Not Payment Until Appropriated To Government: Andhra Pradesh High Court

CUSTOMS / EXCISE / SERVICE TAX

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Mumbai CESTAT Quashes Customs Demands On SOL Mobiles, Says Phone Activation Is “Configuration”, Not “Use”

Mumbai CESTAT Quashes Customs Demands On SOL Mobiles, Says Phone Activation Is “Configuration”, Not “Use”

On 12 May, the Mumbai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) set aside the customs demands and penalties on SOL Mobiles Private Limited and its Vice-President (Finance & Accounts) Manjit Jha, holding that unlocking and activating mobile phones before export amounted only to “configuration” and not “use” under...

CESTAT Mumbai Quashes Recovery Against Hindustan Copper Over 23-Year Delay and No Show Cause Notice

CESTAT Mumbai Quashes Recovery Against Hindustan Copper Over 23-Year Delay and No Show Cause Notice

Computer Cabinet Cases Are Not Incomplete Computers; CESTAT Allahabad Quashes Customs Action Against Importer

Computer Cabinet Cases Are Not Incomplete Computers; CESTAT Allahabad Quashes Customs Action Against Importer

Centre Raises Gold, Silver Import Duty To 15% From 6% Effective Today

Centre Raises Gold, Silver Import Duty To 15% From 6% Effective Today

CESTAT Delhi Quashes Tax Demand Against IndiGo Holds Aircraft Generators Attract 18% IGST, Not 28%

CESTAT Delhi Quashes Tax Demand Against IndiGo Holds Aircraft Generators Attract 18% IGST, Not 28%

CESTAT Bangalore Holds Aerosol Generator Not Controlling Device, Allows ITC Appeal Against Higher Duty

CESTAT Bangalore Holds Aerosol Generator Not Controlling Device, Allows ITC Appeal Against Higher Duty

INCOME TAX

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ITAT Mumbai Says Section 43CA Does Not Cover Pre-Enactment Bookings, Grants Relief To Lodha Developers

15 May 2026 5:14 PM IST

ITAT Mumbai Says Section 43CA Does Not Cover Pre-Enactment Bookings, Grants Relief To Lodha Developers

Income Tax Dept. Releases ITR-1, ITR-4 Utilities 45 Days After Court Indicated April 1 Timeline

15 May 2026 10:10 AM IST

Income Tax Dept. Releases ITR-1, ITR-4 Utilities 45 Days After Court Indicated April 1 Timeline

Cash Deposits From Recorded Sales Cannot Be Taxed Again As Unexplained: ITAT Mumbai

13 May 2026 2:53 PM IST

Cash Deposits From Recorded Sales Cannot Be Taxed Again As Unexplained: ITAT Mumbai

Genuine Sales Bar Full Disallowance Of Purchases From Entry Provider: ITAT Mumbai

13 May 2026 2:53 PM IST

Genuine Sales Bar Full Disallowance Of Purchases From Entry Provider: ITAT Mumbai

Fixed Share Of Gross Receipts Paid To AOP Member Was Taxable Revenue Income, Not Exempt Profit: Supreme Court

13 May 2026 10:54 AM IST

Fixed Share Of Gross Receipts Paid To AOP Member Was Taxable Revenue Income, Not Exempt Profit: Supreme Court

ITAT Mumbai Upholds Denial Of Tax Deduction On ₹25 Lakh Donation To Kisan Party Of India

12 May 2026 6:07 PM IST

ITAT Mumbai Upholds Denial Of Tax Deduction On ₹25 Lakh Donation To Kisan Party Of India

R&D Deduction Cannot Be Denied for Non-Filing of Form 3CL When Already Available With AO: ITAT Mumbai

12 May 2026 5:05 PM IST

R&D Deduction Cannot Be Denied for Non-Filing of Form 3CL When Already Available With AO: ITAT Mumbai

ITAT Mumbai Upholds Deletion Of ₹11.11 Crore Disallowance On Related-Party Business Expenses

11 May 2026 2:23 PM IST

ITAT Mumbai Upholds Deletion Of ₹11.11 Crore Disallowance On Related-Party Business Expenses

Other Taxes

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Delhi High Court Rejects PIL Seeking Tax On Agricultural Income, Says Issue Lies with Legislature

Delhi High Court Rejects PIL Seeking Tax On Agricultural Income, Says Issue Lies with Legislature

The Delhi High Court has held that Courts cannot issue directions compelling the legislature or executive to enact a law, including for taxation of agricultural income, and dismissed a public interest litigation seeking such relief. A Division Bench comprising Justices D.K. Upadhyaya and Tejas Karia dismissed the petition as “highly misconceived”...

State Cannot “Unjustly Enrich Itself” By Denying Refund Of Wrongly Paid Stamp Duty Over Delay: Bombay HC

State Cannot “Unjustly Enrich Itself” By Denying Refund Of Wrongly Paid Stamp Duty Over Delay: Bombay HC

Uttarakhand High Court Strikes Down Water Tax On Hydropower, Calls It Tax On Electricity Generation

Uttarakhand High Court Strikes Down Water Tax On Hydropower, Calls It Tax On Electricity Generation

Export Benefits Cannot Be Denied To Holoflex For Missing Bill Of Export if Supply Is Proven: Delhi High Court

Export Benefits Cannot Be Denied To Holoflex For Missing Bill Of Export if Supply Is Proven: Delhi High Court

Bombay High Court Quashes Municipal Cess Assessment Orders Against HPCL Over 10-Year Delay

Bombay High Court Quashes Municipal Cess Assessment Orders Against HPCL Over 10-Year Delay

MP High Court Sets Aside Commercial Tax On Diamond Cement For Sale Of Food In Factory Canteen
Conditional Land Tax Acceptance Unsustainable Without Civil Court Adjudication: Kerala High Court
Stamp Duty On Amalgamation Cannot Be Based on Goodwill, Share Premium Account Entries: Bombay High Court
Hypothecation Agreements Attract Stamp Duty As General Agreements, Not Pledge Or Mortgage: Kerala High Court

COMPANY LAW / LLP / MSME

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Madhya Pradesh High Court (Indore Bench), Justice Anil Verma, rape, father-daughter, rape, POCSO,
MP High Court Sends Bharat Commerce Asset Sale Dispute Back To Company Court To Consider Post-Auction Higher Bid
Time Awaiting MCA Nod Cannot Extend Limitation For Companies Act Prosecution Where Law Mandates No Sanction: MP High Court
Time Awaiting MCA Nod Cannot Extend Limitation For Companies Act Prosecution Where Law Mandates No Sanction: MP High Court
NCLT Mumbai Approves Cross-Border Merger Of Dubai-Based Group Companies With NMDC Data Centre
NCLT Mumbai Approves Cross-Border Merger Of Dubai-Based Group Companies With NMDC Data Centre
NCLT Mumbai Dismisses Contempt Plea Against Lenders, Advocates In Ornate Spaces Insolvency
NCLT Mumbai Dismisses Contempt Plea Against Lenders, Advocates In Ornate Spaces Insolvency
NCLT Mumbai Clears First Motion For Demerger Of Guardians GNC Business To Bella Vita Owner Idam Natural Wellness
NCLT Mumbai Clears First Motion For Demerger Of Guardian's GNC Business To Bella Vita Owner Idam Natural Wellness
NCLT Mumbai Directs Piramal Finance Shareholder Vote On Merger Of Three Subsidiaries Into It
NCLT Mumbai Directs Piramal Finance Shareholder Vote On Merger Of Three Subsidiaries Into It

ARBITRATION

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SpiceJet Moves Supreme Court Against Delhi HC Refusal To Modify ₹144.51 Crore Deposit Condition In Dispute With Kalanithi Maran

SpiceJet Moves Supreme Court Against Delhi HC Refusal To Modify ₹144.51 Crore Deposit Condition In Dispute With Kalanithi Maran

SpiceJet Limited and its chairman, Ajay Singh, have moved the Supreme Court against a Delhi High Court order refusing to allow them to secure ₹144.51 crore due to Kalanithi Maran and Kal Airways by depositing title deeds of SpiceJet's Gurugram property instead of making a cash deposit in their long-running arbitration dispute.A Bench of Justices...

Earlier Arbitration Clause Binds Developer, Society Members As Redevelopment Agreements Adopted All Terms: Supreme Court

Earlier Arbitration Clause Binds Developer, Society Members As Redevelopment Agreements Adopted All Terms: Supreme Court

Bombay High Court Holds Arbitral Tribunal Cannot Rewrite EPC Contract Or Shift Contractual Risk

Bombay High Court Holds Arbitral Tribunal Cannot Rewrite EPC Contract Or Shift Contractual Risk

High Court Cannot Reopen Arbitration Maintainability In Award Challenge After Final Reference-Stage Ruling: Supreme Court

High Court Cannot Reopen Arbitration Maintainability In Award Challenge After Final Reference-Stage Ruling: Supreme Court

Order To Proceed Ex Parte In Arbitration Is Procedural, Not Challengeable Under Section 34: Delhi High Court

Order To Proceed Ex Parte In Arbitration Is Procedural, Not Challengeable Under Section 34: Delhi High Court

Delhi High Court Refers PhysicsWallah Lease Dispute To Arbitration Despite Inelegantly Drafted Clause

Delhi High Court Refers PhysicsWallah Lease Dispute To Arbitration Despite 'Inelegantly Drafted' Clause

SECURITIES LAW

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SEBI Expands Permitted End-Use Of InvIT Borrowings Where Net Borrowings Exceed 49% of Asset Value

SEBI Expands Permitted End-Use Of InvIT Borrowings Where Net Borrowings Exceed 49% of Asset Value

The Securities and Exchange Board of India (SEBI) on Friday expanded the permissible use of borrowings by Infrastructure Investment Trusts (InvITs) where net borrowings exceed 49% of the value of InvIT assets. SEBI said Regulation 20(3)(b)(ii) of the SEBI (Infrastructure Investment Trusts) Regulations, 2014 was amended on April 17, 2026 to expand...

AIFs Without Funds Or Schemes Must File NIL Quarterly Reports; SEBI Cancels Two Registrations

AIFs Without Funds Or Schemes Must File 'NIL' Quarterly Reports; SEBI Cancels Two Registrations

SAT Mumbai Rules Tax Refund Claim Outside Its Jurisdiction, Partly Allows “Pandya Ka Funda” Review

SAT Mumbai Rules Tax Refund Claim Outside Its Jurisdiction, Partly Allows “Pandya Ka Funda” Review

Adani Green Bribery Case: Gautam Adani and Sagar Adani Agree To Pay $18 Million To Settle US SEC Proceedings

Adani Green Bribery Case: Gautam Adani and Sagar Adani Agree To Pay $18 Million To Settle US SEC Proceedings

SEBI Proposes Overhaul Of Exchange-Traded Derivatives Rules, Seeks Simplified and Unified Structure

SEBI Proposes Overhaul Of Exchange-Traded Derivatives Rules, Seeks Simplified and Unified Structure

SEBI Proposes Allowing Municipalities To Refinance Existing Debt Through Bond Issuances

SEBI Proposes Allowing Municipalities To Refinance Existing Debt Through Bond Issuances

Commercial Courts Act

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Bombay High Court Refuses To Refer Kalyani Family Feud To Mediation
Bombay High Court Refuses To Refer Kalyani Family Feud To Mediation
Urgent Interim Relief Test Cannot Defeat Commercial Suit At Threshold: Bombay High Court
Urgent Interim Relief Test Cannot Defeat Commercial Suit At Threshold: Bombay High Court
Karnataka High Court Reiterates Part Cause Of Action Gives Bengaluru Jurisdiction In Crochet Case
Karnataka High Court Reiterates Part Cause Of Action Gives Bengaluru Jurisdiction In Crochet Case
Bombay High Court Sets Aside Order Striking Off Written Statements In Tata Steel Stockyard Licence Fee Dispute
Bombay High Court Sets Aside Order Striking Off Written Statements In Tata Steel Stockyard Licence Fee Dispute
Kerala High Court
Kerala High Court Dismisses Contempt Plea In Byju'S US Assets Sale Dispute, Imposes Costs
Karnataka HC Directs Return Of Plaint In ₹60 Lakh Recovery Suit Over Financial Help To Agarbatti Firm
Karnataka HC Directs Return Of Plaint In ₹60 Lakh Recovery Suit Over 'Financial Help' To Agarbatti Firm

Real Estate Regulatory Authority (RERA)

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Completion Certificate Does Not Absolve Developer Of Providing Functional Promised Amenities: Bihar RERA

Completion Certificate Does Not Absolve Developer Of Providing Functional Promised Amenities: Bihar RERA

The Bihar Real Estate Regulatory Authority has held that a Completion Certificate does not free a developer from its obligation to ensure that promised amenities and essential services are actually functional for homebuyers. Inquiry Commissioner Sanjaya Kumar Singh said: "Mere issuance of a Completion Certificate does not absolve the promoter of...

Homebuyers Right To Interest For Delayed Possession Cannot Be Defeated By Contract Terms: Punjab RERA

Homebuyers' Right To Interest For Delayed Possession Cannot Be Defeated By Contract Terms: Punjab RERA

The Punjab Real Estate Regulatory Authority has recently held that a homebuyer's statutory right to interest for delayed possession cannot be defeated by contractual terms, while rejecting a developer's objections based on arbitration and alleged payment defaults.A coram of Member Binod Kumar Singh held, "At the outset it is held that the Act...

Telangana REAT Upholds ₹11 Lakh Penalty On Builder For Using Sale Agreement Different From RERA-Uploaded Draft

Telangana REAT Upholds ₹11 Lakh Penalty On Builder For Using Sale Agreement Different From RERA-Uploaded Draft

UP RERA Says Complaints Against Unregistered Projects To Be Heard After Deciding If Registration Was Required

UP RERA Says Complaints Against Unregistered Projects To Be Heard After Deciding If Registration Was Required

Haryana REAT Rejects DLF Challenge To Refund Order, Holds Pre-Deposit Mandatory For Promoter Appeals

Haryana REAT Rejects DLF Challenge To Refund Order, Holds Pre-Deposit Mandatory For Promoter Appeals

Aditya Capitol Heights Builder Cannot Retroactively Deny Pre-EMI Benefit: Telangana RERA

Aditya Capitol Heights Builder Cannot Retroactively Deny Pre-EMI Benefit: Telangana RERA

COMPETITION LAW

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CCI Approves Thriveni Earthmovers Stake Purchase In Lloyds Engineering, Three-Entity Merger
CCI Approves Thriveni Earthmovers' Stake Purchase In Lloyds Engineering, Three-Entity Merger

13 May 2026 10:21 AM IST

CCI Approves Adani Powers Proposed Acquisition Of GVK Energy Under IBC Resolution Process
CCI Approves Adani Power's Proposed Acquisition Of GVK Energy Under IBC Resolution Process

13 May 2026 9:16 AM IST

CCI Orders Probe Into Pernod Ricard, Others Over Alleged Anti-Competitive Conduct In Delhi Liquor Market
CCI Orders Probe Into Pernod Ricard, Others Over Alleged Anti-Competitive Conduct In Delhi Liquor Market

8 May 2026 8:12 PM IST

NCLAT Delhi Quashes ₹301.61 Crore Penalty On Grasim, Says CCI Must Hear Party Before Deviating From DG Report
NCLAT Delhi Quashes ₹301.61 Crore Penalty On Grasim, Says CCI Must Hear Party Before Deviating From DG Report

6 May 2026 3:33 PM IST

Delhi High Court Declines To Examine Cartelisation Claims In Tender Dispute, Says Issue Falls Within CCI Domain
Delhi High Court Declines To Examine Cartelisation Claims In Tender Dispute, Says Issue Falls Within CCI Domain

4 May 2026 7:32 PM IST

CCI Clears Mizuho Securities Proposed Acquisition Of Stake In Avendus Capital
CCI Clears Mizuho Securities' Proposed Acquisition Of Stake In Avendus Capital

29 April 2026 12:46 PM IST

MERGER & ACQUISITION

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NCLT Mumbai Allows First Motion For Merger Of Docon Technologies With PharmEasy Parent API Holdings
NCLT Mumbai Allows First Motion For Merger Of Docon Technologies With PharmEasy Parent API Holdings
NCLT Chennai Approves Merger Of Four Group Companies With India Cements Ltd
NCLT Chennai Approves Merger Of Four Group Companies With India Cements Ltd
NCLT Kochi Allows First Motion Plea In Kalyan Silks Demerger, Orders Unsecured Creditors Meeting
NCLT Kochi Allows First Motion Plea In Kalyan Silks Demerger, Orders Unsecured Creditors' Meeting
CCI Clears Cube Vs Proposed Acquisition Of Dineshchandra Group Road Asset Businesses
CCI Clears Cube V's Proposed Acquisition Of Dineshchandra Group Road Asset Businesses
NCLT Bengaluru Approves Amalgamation Of Shilpa Therapeutics With Listed Parent Shilpa Medicare
NCLT Bengaluru Approves Amalgamation Of Shilpa Therapeutics With Listed Parent Shilpa Medicare
NCLT Delhi Sanctions Merger Of Masibus Automation Into Sonepar India
NCLT Delhi Sanctions Merger Of Masibus Automation Into Sonepar India

COMPLIANCE / REGULATORY

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IBBI Amends Regulations To Appoint Its Nominee Directors On Insolvency Professional Agency Governing Boards

IBBI Amends Regulations To Appoint Its Nominee Directors On Insolvency Professional Agency Governing Boards

The Insolvency and Bankruptcy Board of India (IBBI) has amended its regulations to provide for appointment of its nominee director on the governing board of an insolvency professional agency (IPA), with the nominee enjoying the same status, rights, duties, powers and responsibilities as other directors. The change has been introduced through...

Centre Prohibits Sugar Exports Till September 30, Allows Limited Exceptions For EU, USA

Centre Prohibits Sugar Exports Till September 30, Allows Limited Exceptions For EU, USA

Centre Raises Gold, Silver Import Duty To 15% From 6% Effective Today

Centre Raises Gold, Silver Import Duty To 15% From 6% Effective Today

GSTN Asks Taxpayers To Seek Rectification Where Adjudication Order Reflects NIL Demand Due To Portal Glitch

GSTN Asks Taxpayers To Seek Rectification Where Adjudication Order Reflects NIL Demand Due To Portal Glitch

CBDT Clarifies Principal Commissioner Can Condone Delay In Filing Form 10A

CBDT Clarifies Principal Commissioner Can Condone Delay In Filing Form 10A

Finance Bill 2026: 12% Surcharge on Buybacks Applies Only to Additional Tax on Promoters; Income Tax Dept. Clarifies

Finance Bill 2026: 12% Surcharge on Buybacks Applies Only to Additional Tax on Promoters'; Income Tax Dept. Clarifies

Banking/NBFC

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Calcutta High Court Quashes PNB Fraud Classification Against Visa Power Ltd For Breach Of Natural Justice
Calcutta High Court Quashes PNB Fraud Classification Against Visa Power Ltd For Breach Of Natural Justice
RBI Penalises Yes Bank ₹31.8 Lakh, Hinduja Housing Finance ₹1.8 Lakh For Regulatory Lapses
RBI Penalises Yes Bank ₹31.8 Lakh, Hinduja Housing Finance ₹1.8 Lakh For Regulatory Lapses
Mere Default Of Business Loan Cannot Justify Issuance Of LOCs, Curtail Right To Travel Abroad: Delhi High Court
Mere Default Of Business Loan Cannot Justify Issuance Of LOCs, Curtail Right To Travel Abroad: Delhi High Court
Civil Courts Cannot Grant Injunctions Against SARFAESI Action: Karnataka High Court
Civil Courts Cannot Grant Injunctions Against SARFAESI Action: Karnataka High Court
Delhi High Court Dismisses Stock Brokers Plea Against Order Summoning Him In ₹42,000 Crore DHFL Fraud Case
Delhi High Court Dismisses Stock Broker's Plea Against Order Summoning Him In ₹42,000 Crore DHFL Fraud Case
BREAKING | Bombay High Court Quashes FIR Against HDFC Bank CEO Sashidhar Jagdishan By Lilavati Trust
BREAKING | Bombay High Court Quashes FIR Against HDFC Bank CEO Sashidhar Jagdishan By Lilavati Trust

DEBT RECOVERY LAWS

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Telangana HC Upholds Sale of Mortgaged Property, Says 30-Day SARFAESI Notice Period Runs From First Valid Service
Telangana HC Upholds Sale of Mortgaged Property, Says 30-Day SARFAESI Notice Period Runs From First Valid Service
Section 138 Case Not Maintainable Against Director Once Liquidator Takes Control: Delhi High Court
Section 138 Case Not Maintainable Against Director Once Liquidator Takes Control: Delhi High Court
NSEL Case: Bombay High Court Allows SBIs SARFAESI Action Despite MPID Attachment
NSEL Case: Bombay High Court Allows SBI's SARFAESI Action Despite MPID Attachment
Civil Courts Cannot Grant Injunctions Against SARFAESI Action: Karnataka High Court
Civil Courts Cannot Grant Injunctions Against SARFAESI Action: Karnataka High Court
Karnataka High Court Holds KPIDFE Act, Like MPID, Has Priority Over SARFAESI Claims
Karnataka High Court Holds KPIDFE Act, Like MPID, Has Priority Over SARFAESI Claims
Part Payments Cannot Halt SARFAESI Proceedings Once Initiated Even If Dues Fall Below 20%: Bombay HC
Part Payments Cannot Halt SARFAESI Proceedings Once Initiated Even If Dues Fall Below 20%: Bombay HC

Digests

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LiveLawBiz: Corporate Legal News Daily Round-Up: May 15, 2026
LiveLawBiz: Corporate Legal News Daily Round-Up: May 15, 2026
LiveLawBiz: Corporate Legal News Daily Round-Up: May 14, 2026
LiveLawBiz: Corporate Legal News Daily Round-Up: May 14, 2026
LiveLawBiz: Corporate Legal News Daily Round-Up: May 13, 2026
LiveLawBiz: Corporate Legal News Daily Round-Up: May 13, 2026
LiveLawBiz: Corporate Legal News Daily Round-Up: May 12, 2026
LiveLawBiz: Corporate Legal News Daily Round-Up: May 12, 2026
LiveLawBiz: Corporate Legal News Daily Round-Up: May 11, 2026
LiveLawBiz: Corporate Legal News Daily Round-Up: May 11, 2026
LiveLawBiz Indirect Tax Weekly Round-Up: May 04 - May 10, 2026
LiveLawBiz Indirect Tax Weekly Round-Up: May 04 - May 10, 2026

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Deeming Fiction vs. Evidentiary Reality: CESTAT Mumbai Limits Rule 17(2) Of Pan Masala Packing Machines Rules

2 April 2026 2:56 PM IST

Simran Bais  

Deeming Fiction vs. Evidentiary Reality: CESTAT Mumbai Limits Rule 17(2) Of Pan Masala Packing Machines Rules
From Pandemic Protectionism To Strategic Liberalisation: Indias FDI Shift Under Press Note 3 Amendment 2026

2 April 2026 11:34 AM IST

adwait shikhare  

From Pandemic Protectionism To Strategic Liberalisation: India's FDI Shift Under Press Note 3 Amendment 2026
Asset Reconstruction Companies In India: High-Handedness, Judicial Reckoning, And Regulatory Reform

4 March 2026 12:12 PM IST

Praveena Gautam  

Asset Reconstruction Companies In India: High-Handedness, Judicial Reckoning, And Regulatory Reform
Deconstructing 2026 FEMA Amendments: Permitting Developers Raising ECB For Construction-Development Projects To Sell Plots Of Land

4 March 2026 10:51 AM IST

Ajeet Singh  

Deconstructing 2026 FEMA Amendments: Permitting Developers Raising ECB For Construction-Development Projects To Sell Plots Of Land
Insolvency, Sovereignty and Spectrum: Locating IBC Within Constitutional Order

26 Feb 2026 4:15 PM IST

Rajasekhar V.K  

Insolvency, Sovereignty and Spectrum: Locating IBC Within Constitutional Order
From Finality To Flexibility: Post-Gayatri Balasamy Jurisprudence In Indian Arbitration (2025)

19 Feb 2026 11:23 AM IST

Shivendra Nath Mishra  

From Finality To Flexibility: Post-Gayatri Balasamy Jurisprudence In Indian Arbitration (2025)
CCI v. Swapan Dey: Who Decides Exclusivity Or Exclusion?

17 Feb 2026 11:14 AM IST

Shirin Hossain &Junaid Hossain  

CCI v. Swapan Dey: Who Decides Exclusivity Or Exclusion?
Beyond Kartavya: Union Budget 2026 And The Legal Quietude

12 Feb 2026 10:43 AM IST

Syed Aqib Hussain  

Beyond Kartavya: Union Budget 2026 And The Legal Quietude
Judgments That Shaped the Landscape for Customs New Baggage Rules In Union Budget 2026-27

3 Feb 2026 11:13 AM IST

Kapil Dhyani  

Judgments That Shaped the Landscape for Customs' New Baggage Rules In Union Budget 2026-27
‘Indian Courts Are Known For Their Pro-Arbitration Stance’ : CJI At The 4th Edition Of The International Conference On ‘Arbitration In The Era Of Globalisation’ In Dubai

2 Feb 2026 6:14 PM IST

Saurabh Kumar  

Arbitrating With Non-Signatories After Cox And Kings: Practice, Procedure, And Risk Management

LAW FIRMS

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Anant Mishra Joins Aretha Legal As A Partner In Its Corporate Practice

Anant Mishra Joins Aretha Legal As A Partner In It's Corporate Practice

Aretha Legal has recently onboarded Anant Mishra as a partner. Anant will be part of the Corporate, M&A, Private Equity, and Venture Capital practice and will be based out of the firm's New Delhi office. Anant holds a BA. LLB (Hons.) from Dr. RML National Law University, Lucknow, and has been enrolled with the Bar Council of Uttar Pradesh since 2012.Anant comes with close to 15 years of experience. He has spent his career almost entirely at Tier 1 firms - Shardul Amarchand Mangaldas & Co., J. Sagar Associates, and CMS IndusLaw, where he built a strong practice in M&A, private equity, venture capital, and cross-border transactions....

HSA Advocates Elevates Srivar Awasthi To Partner

HSA Advocates Elevates Srivar Awasthi To Partner

As Trilegal Enters Its Next Phase Of Evolution, The Firm Appoints Its First Chief Executive Officer, Sandeep Ghosh

As Trilegal Enters Its Next Phase Of Evolution, The Firm Appoints Its First Chief Executive Officer, Sandeep Ghosh

Khaitan & Co Expands Projects And Project Finance Practice With Three Partner Appointments In Delhi-NCR

Khaitan & Co Expands Projects And Project Finance Practice With Three Partner Appointments In Delhi-NCR

DMD Advocates Appoints Anand Mohan As Head Of Strategy

DMD Advocates Appoints Anand Mohan As Head Of Strategy

JSA Appoints Practice Area Co Chairs Across Corporate, Disputes and Finance Practices

JSA Appoints Practice Area Co Chairs Across Corporate, Disputes and Finance Practices

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