LiveLawBiz: Business Law Daily Round-Up: February 20, 2026

IBC

Subsequent Ratification Of Power of Attorney By IMC And Fresh Board Validates SEFL's CIRP Plea Against Roadwings: NCLAT

NCLAT Condones 3-Day Delay In Filing Appeal As NCLT Order Uploaded Eight Months After Pronouncement

NCLAT Dismisses CIRP Plea Against Strategic Credit Capital, Says Section 7 IBC Barred For Financial Service Provider

NCLT Chennai Dismisses Liquidator's Plea, Says Director's Mortgage Of Personal Property To Bank Not Fraudulent

NCLT Bengaluru Rejects EPFO Claim For PF Dues In Dunlop Polymers Insolvency

IPR

Supreme Court Appoints Former CJI B R Gavai To Mediate Veda Seed- Kohinoor Trademark Dispute

A.R. Rahman Undertakes To Credit Dagar Brothers In 'Veera Raja Veera' Song; Supreme Court Closes Dagar's Appeal

Delhi High Court Tells Vivek Oberoi To Accept 'Bouquets and Brickbats' In His Personality Rights Suit

Delhi High Court Restrains 20 Rogue Websites Streaming Barrios vs Ryan Garcia Fight, Grants DAZN Dynamic Injunction

TAX

Delhi ITAT Deletes ₹175.03 Crore Tax Addition, Holds Livestock Supplier's Deals With HMA Agro Genuine

Subway Franchise Raised Base Prices On GST Cut Day, GSTAT Upholds ₹13.32 Lakh Profiteering Against Pune Outlet

Gujarat High Court Quashes ₹98 Lakh GST SCN, Says Construction ITC Bar Not Applicable To Leasehold Rights Transfer

'Cannot Wear Cap of A Businessman': ITAT Delhi Deletes ₹53.30 Lakh Disallowance Against Zeta

ITAT Chennai Deletes Penalty for Under-Reporting Of Income After Finding 99% Tax Covered by TDS

ITAT Delhi Quashes Revision Order Against Studds, Flags Lack of Clear Findings

Andhra Pradesh High Court Orders Formation Of Apex Committee To Recover Agricultural Land Conversion Tax Dues

S.130 CGST | GST Law Does Not Allow Provisional Release of Goods Seized During Confiscation Proceedings: Kerala High Court

RERA

Delhi RERA Restrains NBCC From Coercive Action Against Rajeshwari Realty In Saket Project Dispute

ARBITRATION

No Concluded Contract, No Interim Relief: Delhi High Court Dismisses Developer's Plea Against ARCIL

Jurisdiction Clause In Umbrella Agreement Prevails Over Later Contract: Delhi High Court

COMPETITION LAW

United India Insurance Bid-Rigging Case: Supreme Court Tags CCI Appeal Over ₹32.76 Lakh Interest With Penalty Appeal

DEBT RECOVERY LAWS

Finality Of SARFAESI Auction Is Matter Of Public Policy: Delhi High Court Bars Recovery Of Pre-Sale Dues

No Absolute Right Of Appeal Under SARFAESI Without Pre-Deposit: Delhi High Court

Civil Courts Cannot Preempt SARFAESI Action, Karnataka High Court Sets Aside Injunction Against SBI

COMPANY LAW

NCLT Chandigarh Sanctions Merger Of Eight DLF Group Companies Into Highvista Buildcon

OTHER STORIES

Supreme Court Dismisses JSW Steel's Plea Against ₹127.66 Crore Recovery in Bomman Iron Ore Lease Dispute