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LiveLawBiz: Business Law Daily Round-Up: February 17, 2026

By - Kirit Singhania
Update: 2026-02-18 03:53 GMT

IBC

Limitation For IBC Appeal Runs From Pronouncement Date, Not Knowledge: NCLAT Dismisses CIRP Appeal

NCLT Mumbai Says Mumbai, Delhi Airport Operators Are Unsecured Creditors In Jet Airways Liquidation

NCLAT Sets Aside Insolvency Process Against HNGIL Guarantor, Says Compromise Didn't Waive Guarantee Invocation

Bank's No Dues Certificate Not Determinative At CIRP Admission: NCLT Jaipur

IPR

Delhi High Court Temporarily Restrains Deepika Padukone's 82°E From Using “Lotus Splash” Mark In Dispute With Lotus Herbals

Public University Data Can Be Used If Not Disparaging: Delhi High Court Lifts Injunction Against EdTech Site

Expiry Notice To Unauthorized Agent Not Compliant With Trade Marks Act: Delhi High Court Allows Renewal Of 8 Marks

Baba Ramdev Approaches Delhi High Court Over Deepfakes, Seeks Protection of Personality Rights

Madras High Court Warns Against Mechanical Notices, Orders Decision On 14-Year-Old Cancer Drug Patent

Actor Shatrughan Sinha Moves Bombay High Court To Protect 'Personality Rights' And Iconic Dialogue 'Khamosh'

TAX

GST Appeal Cannot Be Entertained Beyond Statutory Limit Of 120 Days: Gujarat High Court

Only Commissioner Can Decide If Delay In Income Tax Refund Is Attributable to Taxpayer, Not AO: Delhi High Court

Reopening Of Assessment Invalid If AO Fails To Show Reason To Believe: ITAT Chennai

Delhi High Court Slams IT Officer For Relying On Set-Aside Order, Directs Issue Of Nil TDS Certificate

Income Tax | Duty Drawback Not Eligible for 80-IC Relief ; Taxes on Raw Materials Must Be Set Off: Delhi High Court

Reassessment Must Be Based On AO's Independent 'Reason To Believe,' Not Borrowed: Delhi High Court

ARBITRATION

Decrees Cannot Be Turned into “Paper Tigers” by Permitting Post-Award Property Transfers: Supreme Court

Supreme Court Dismisses Aspek Media Plea Against Delhi HC Order Impleading Directors In Arbitral Award Execution

Punjab and Haryana High Court Sets Aside ₹5.18 Crore Arbitral Award Against Aditya Birla Fashion

RDB Act Does Not Bar MSCS Arbitration For Debt Recovery By Multi-State Co-Op Banks: Bombay High Court

Expired Contract Cannot Be Terminated: Madras High Court Partly Sets Aside Arbitral Award Favouring Southern Railway

COMPANY LAW

Aakash Undertakes Before Supreme Court To Secure Byju's Parent's 25.75% Stake In Aakash Pending Rights Issue Dispute

BANKING/NBFC

Surviving Joint Holder Cannot Claim Ownership Of Bank Locker Contents After Co-Holder's Death: Kerala High Court

Kerala High Court Mandates Police Verification Of Petitioner's Identity In Bank Account Defreezing Pleas

OTHER STORIES

Supreme Court Allows DRAT Allahabad and Kolkata Chairpersons, Set To Demit Office Soon, To Continue Till Further Orders

Supreme Court Grants Bail In Alleged Online Investment Fraud Case

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