LiveLawBiz: Corporate Legal News Daily Round-Up: April 10, 2026

IBC

NCLAT Issues Notice On Shikhar Dhawan's Appeal Against Rejection Of CIRP Plea Against Absolute Legends Sports

Limitation For Action Against Personal Guarantor Begins Only On Clear Invocation Of Guarantee: NCLAT Chennai

High Court Should Not Have Directed Delay Condonation After Dismissing Writ Against NCLT Order: NCLAT

NCLAT Rejects Guarantor's Plea of Ignorance of Order Appointing Bankruptcy Trustee After Participating In Proceedings

Monitoring Committee Cannot Revisit Approved Resolution Plan Or Alter Distribution Mechanism: NCLAT

IPR

Delhi High Court Orders Removal Of 'Goldi' Mark For Infringing Shubham Goldiee Masale's Trademark

Delhi High Court Blocks Rogue Websites From Streaming HBO's 'Euphoria' Ahead Of Season 3 Release

Delhi HC Restrains Flipkart From Listing Pirated Bharati Bhawan Books; Ad-Interim Injunction against 17 Sellers

TAX

GSTAT New Delhi Finds No Profiteering By Samridhi Realty After Excess ITC Benefit Passed To Buyers

GSTAT New Delhi Holds No ITC Benefit Arises For Homebuyers In Fully Post-GST Construction

GSTAT New Delhi Confirms No Profiteering By IJM Raintree Park, Dismisses Homebuyer's Objections

COMPANY LAW

NCLT Jaipur Approves Demerger Of Vishal Personal Care Into Bajaj Consumer Care

Non-Compete Clause In Shareholder Agreement Binding On Auction Purchaser: NCLAT New Delhi

Promoter Takeover Cannot Be Treated As 'Disinvestment' Under The Companies Act: NCLT Chennai

ARBITRATION

Courts Can Refuse To Appoint Arbitrator In Rare Cases Where No Arbitration Agreement Exists: Supreme Court

Delhi High Court Sets Aside Arbitral Award Against Indian Oil Corporation Over “Acute Reasoning Deficit”

Party Cannot Bypass MSMED Act Mechanism To Seek Arbitrator Appointment: Delhi High Court

Uttarakhand High Court Dismisses Writ Pleas Against Arbitrator's Rejection Of Delayed NH -74 Compensation Claims

Busy Schedule, Travel Not 'Sufficient Cause': Karnataka High Court Refuses To Condone Delay In Arbitration Appeal

IOCL 'State' Status Analysis Misplaced In Contractual Dispute: Calcutta High Court Upholds Setting Aside Of Award

Seat Of Arbitration Can Be Inferred From Exclusive Jurisdiction Clause: Delhi High Court

Delhi High Court Upholds Arbitral Award In Favour Of NCC In AIIMS Bhopal Project Dispute With Health Ministry

When Can Arbitral Awards Be Set Aside? Rajasthan High Court Lays Down Principles To Check Perversity

Delhi High Court Upholds 18% Interest On Arbitral Award, Says Tribunals Free To Grant Such Rates Under Pre-2015 Law

SECURITIES LAW

SEBI Cancels Wealthmax Solutions Investment Adviser Registration For Fee, NISM Certification, BASL Lapses

RERA

Builder Cannot Escape Refund Liability For Failing To Deliver Flat With Clear Title By Blaming Landowner: REAT

COMMERCIAL LAW

Commercial Court Cannot Deny Liberty To Refile Suit Without Rejection Under The CPC: Delhi High Court

BANKING/NBFC

RBI Circular Requiring Banks To Reverse Unauthorized Transactions To Customers Apply Independently Of Criminal Probe: Bombay HC

Calcutta High Court Quashes Wilful Defaulter Action Against BSCPL, Finds No Evidence