LiveLawBiz: Corporate Legal News Daily Round-Up: April 07, 2026

IBC

IBC Amendment 2026 Gets Presidential Assent, Introduces Creditor-Led Insolvency

Delhi High Court Issues Notice On Plea Challenging 'Present and Voting' Framework Under IBC

NCLAT Bars Recovery Of Premises Occupied By Future Lifestyle In Kolkata Mall During CIRP

NCLT Ahmedabad Rejects Time-Barred Voluntary Insolvency Plea By Personal Guarantor, Flags Attempt To Stall Recovery

NCLT Chandigarh Rejects Omkara ARC's Claim In Vikas WSP CIRP, Holds Creditors Cannot Override IBC Timelines

NCLAT New Delhi Lays Down Illustrative Factors For Withdrawal Of CIRP Before CoC Formation

No Power Under IBC To Order TDS Refund; Issue To Be Decided By Income Tax Dept.: NCLAT

PMLA Attachment Does Not Suspend Liquidator's Duty To Preserve Corporate Debtor's Assets: NCLT Mumbai

NCLAT Allows NCLT To Decide Deceased Depositor's Claim Without Awaiting Probate

Sole Financial Creditor Can't 'Jump In and Out' Of CIRP; No Claim Withdrawal After CoC Entry: NCLT Mumbai

IPR

Delhi High Court Grants Interim Injunction Preventing Bhopal Publisher From Using “The Pioneer” Trademark

Delhi High Court Directs Sanjay Dutt-backed Entity To Halt 'Godfather Whisky' Social Media Posts Till Next Hearing

Delhi High Court Grants Temporary Injunction Against 'Bait-and-Switch' News Site Using TOI Mark

Delhi High Court Denies Interim Injunction In 'NATRAJ' Trademark Dispute, Calls It Family Ownership Row

TAX

Kerala High Court Quashes 25 kg Gold Confiscation, Holds Denial Of Cross-Examination Vitiates Proceedings

Himachal Pradesh High Court Quashes Distillery Licence Cancellation Over Lack Of Independent Application of Mind

Madras High Court Quashes IT Case Against Gautham Vasudev Menon Over Non-Filing Of His Company's Returns

Persistent Loss Should Be Continuous Over 3 Years: ITAT Delhi Orders Rework Of TP Addition For Keysight

Adjudicating Authority Abdicated Appellate Powers, Supreme Court Sets Aside FEMA Order Passed Pending Appeal

COMPANY LAW

Wrong Excel Upload Administrative, Not Substantive Revision Under Section 131 Companies Act: NCLT Delhi

NCLAT Chennai Holds Share Purchase Rights Forfeited By Delay In Exercising First Option

NCLT Mumbai Directs Stakeholder Meetings In Merger Of Mandawewala Enterprises With AYM Syntex

NCLT Mumbai Approves Nirmal Lifestyle Realty–Oberoi Realty Merger

NCLT Mumbai Clears First Motion For Merger of Jaypore, TG Apparel Into Aditya Birla Fashion

ARBITRATION

Preservation Of Arbitration Subject Matter Was More Important: Bombay HC Condones 258-Day Delay In Arbitration Plea

Writ Appeal Not Entertainable When Arbitration Offers Adequate Remedy: Kerala High Court

PSCC Act Doesn't Bar Arbitration Where License To Enter Property for Development Is Incidental: Bombay HC

COMPETITION LAW

CCI Finds 17 Vendors Guilty Of Bid Rigging In Assam Police Housing Tenders, Issues Cease And Desist Order

RERA

Relying On AI-Based Market Trends, Haryana RERA Awards ₹4.16 Crore Compensation To Chintels Paradiso Homebuyer

Landowner Who Completed Stalled Project Is 'Promoter,' Liable To Homebuyers: Assam RERA

COMMERCIAL LAW

Calcutta High Court Denies Summary Judgment In GST Compliance Dispute, Says Trial Mandatory

BANKING/NBFC

Borrowers Entitled To Audit Reports Before Fraud Classification, No Right To Full Disclosure: Supreme Court