LiveLawBiz: Business Law Daily Round-Up: February 19, 2026

IBC

S. 7 IBC | Corporate Debtor's Inability To Pay Not Relevant For CIRP Plea Admission: Supreme Court

'Not an Ordinary Business Transaction': NCLAT Upholds Order Treating ₹19.66 Lakh Paid To Director As Preferential

Active DIN Status Not Sufficient To Establish Eligibility To Submit Resolution Plan Under IBC: NCLT Indore

IPR

Delhi High Court Asks Singer Jubin Nautiyal Why He Filed Personality Rights Suit In Delhi Despite Being Based in Uttarakhand

United Breweries Secures Trade Mark Registration For Kingfisher Sound Mark “Oo La La La La Le O”

'More The Merrier?': Delhi High Court Questions Insistence On Retaining Social Media Platforms In Karan Johar's Personality Rights Suit

Supreme Court Restores Breach-Of-Injunction Proceedings In 'HERO' Trademark Dispute Between Hero Cycles and Hero Ecotech

TAX

Waiver Under Maharashtra Settlement Of Arrears Of Tax Act Available Only On Disputed Tax: Bombay High Court

Supreme Court Issues Notice In Challenge To CESTAT Ruling That Customs Cannot Alter FOB Value Of Goods

COMPANY LAW

NCLT Chandigarh Approves Amalgamation Of Livpure Private Limited With Livpure Smart Homes

Maharashtra Stamp Authorities Have No Jurisdiction Over NCLT Chennai Order: Bombay High Court

ARBITRATION

Arbitration Act Is Self-Contained Code; Civil Revision Not Maintainable Where Appeal Lies: Patna High Court

Arbitral Award Holders Can Seek Interim Protection Until Award Is Fully Satisfied: Calcutta High Court

Madras High Court Quashes ₹1.10 Crore Award Against Annai Builders For "Unintelligible" Findings

Bombay High Court Upholds ₹33 Lakh Award Against Dealmoney Commodities For 'Blatantly Unauthorised' F&O Trades

Right To Seek Arbitration Ends Once Written Statement Stage Is Closed: Karnataka High Court

DEBT RECOVERY LAWS

Delhi High Court Condones Late Filing By Avantha Holdings, Applies “Parity” Against Bank's Own Delay

RERA

Location Of Project Immaterial For RERA Applicability, Odisha REAT Dismisses Developer's Appeal

SECURITIES LAW

SEBI Notifies Broker Registration Process, Circular Effective From 7 Jan 2026 Retrospectively

SEBI Constitutes Working Group To Review ESG Rating Framework

SEBI Slaps ₹1.35 Crore Penalty On Oriental Trimex For Manipulating Financial Statements

OTHER STORIES

Anil Ambani Assures Supreme Court He Won't Leave India Amid ED-CBI Probe Into Alleged ₹40,000 Crore ADAG Loan Fraud