LiveLawBiz: Business Law Daily Round-Up: February 23, 2026

IBC

Supreme Court Dismisses Appeal Against NCLAT Order Rejecting Insolvency Plea Against Voltas

IBBI Suspends Insolvency Professional's AFA For Six Months Over CIRP Without Valid Authorisation

NCLT Mumbai Allows Saraswat Bank To Make Clarificatory Amendments To Section 7 Petition

Mere MOU For Flat Allotment Not Financial Debt Without Disbursal To Corporate Debtor: NCLT Mumbai

Mere Non-Payment Of Ordered Amount Not Civil Contempt, Execution Is Proper Remedy: NCLT Kochi

IPR

Delhi High Court Grants Ex-Parte Injunction Protecting 'TOI' Mark Against Impersonating Social Media Accounts

Gujarat High Court Dismissed Appeal In GULAB vs ROSE Trademark Dispute, Warns Trial Court Against Superfluous Judgments

Delhi High Court Temporarily Restrains 19 More Entities From Infringing JAQUAR Trademark

Delhi High Court Restrains Parth Law House, Others From Selling Counterfeit LexisNexis Law Textbooks

Delhi Court Orders Takedown Of YouTube Shorts Infringing Karl Rock's Copyright

TAX

CBIC's 2024 Policy Barring Govt Appeals Below ₹2 Crore Covers Pending Cases, Not Merely Future Filings: Supreme Court

GST Registration Cannot Be Cancelled Based On Investigative Dictation Alone: Gauhati High Court

Supreme Court Dismisses Customs Review Plea Against IndiGo, SpiceJet In IGST Exemption Case On Reimported Aircraft Parts

S.48 Customs Act | Exporter Cannot Stop Customs Action On Return Shipment By Disowning It: Delhi High Court

Bogus Purchases: Bombay High Court To Examine If ITAT Can Limit Disallowance To Profit Margin

Delhi High Court Treats 5.25% Withholding Certificate Issued To EY As Nil

Delhi High Court Sets Aside ₹232 Crore Ex Parte IT Assessment Against Nayati Healthcare During Insolvency

Matching Solutions Not Taxable Under India–US DTAA: Delhi High Court Grants NIL TDS Relief To Refinitiv US

Airline Operations Exempt Under India-UK DTAA: Delhi High Court Directs NIL TDS Certificate For British Airways

Punjab & Haryana High Court Bars Higher Bank Guarantee Demand For Delay In Releasing Seized Jewellery

Change Of Opinion Not Enough To Reopen Assessment: Calcutta High Court

ITAT Ahmedabad Deletes ₹9.65 Crore Addition On Demonetisation Cash Deposits Backed by Recorded Sales

SECURITIES LAW

SAT Holds Unlisted Company's Allotment To 284 Investors Across Multiple Offers Was Deemed Public Issue

COMPETITION LAW

Meta, WhatsApp Undertakes To Comply With NCLAT Order Extending CCI's Privacy Safeguards To Advertising Data By March 16

ARBITRATION

J&K&L High Court Dismisses Contractor's Arbitration Plea Against Railways After He Issued Unconditional No Claim Certificate

Expiry Of Arbitrator's Mandate Due To Lapse Of Time Does Not End Arbitration: Delhi High Court

Supreme Court Dismisses BWL Plea, Upholds Delhi High Court Ruling That BSNL Has Satisfied 2000 Arbitral Award

Meghalaya High Court Upholds BSCPL's 5-Year Blacklisting For Alleged Corruption In NH-44E Project

BANKING/NBFC

Breaking | Bombay High Court Sets Aside Stay On Fraud Classification Proceedings Against Anil Ambani

COMPANY LAW

NCLAT Dismisses Appeal Against Order Allowing Former Promoters To Represent Aquafil Polymers