LiveLawBiz: Corporate Legal News Daily Round-Up: April 16, 2026

COMPETITION LAW

CCI Finds No Anti-Competitive Conduct By Adani Entities , Azure Power In SECI Solar Tender

NCLAT Upholds CCI Penalty In Railway Tender Cartel Case, Says Silence On Emails Shows Tacit Participation

BANKING/NBFC

Bank Receiving Cheques Acts As Agent Of Customer, Liable Under Consumer Law For Delay In Presentation: Supreme Court

Supreme Court Refuses Anil Ambani's Plea To Restore Stay On Banks' Fraud Classification Proceedings

IBC

NCLT Bengaluru Dismisses Kingfisher Employees' Plea For Salary Dues, Says Karnataka High Court Is Proper Forum

Tribunal's Residuary Powers Cannot Be Invoked After Resolution Plan Approval To Reopen Issues: NCLT Kolkata

NCLT Chandigarh Refuses To Restrain Sale Of White Water's Panchkula Land After CIRP Set Aside

Mere Non-Explanation Of Fund Use Not Enough To Prove Fraudulent Trading Under IBC: NCLT Chennai

No Appeal Lies Against Dismissal Of Contempt Plea Without Punishment: NCLAT

NCLT Delhi Admits CIRP Pleas by JC Flowers Against Rana Kapoor-Linked RAB Subsidiaries Over ₹260 Crore Default

IPR

Delhi High Court Temporarily Restrains Nippon Paint From Using 'INFINITY' Trademark For Paints

Madras High Court Temporarily Restrains Illegal Broadcast Of Vijay Starrer “Jana Nayagan” Movie

Delhi High Court Refuses Ad Interim Injunction To More Than Water Against Nesco In 'My Water Box' Trademark Dispute

Delhi High Court Imposes ₹10 Lakh Cost On Parle In B Fizz 'For The Bold' Trademark Dispute with PepsiCo

TAX

GST Refund Limitation Mandatory; Delay Can Be Condoned Under Article 226 In Cases Of Genuine Hardship: Karnataka HC

Biodegradable Carry Bags Eligible For 5% GST Subject To Notification Conditions: Rajasthan AAR

Semen Sorting Services Exempt From GST As Support To Animal Husbandry: Gujarat AAR

Lottery Ticket Discount Not “Commission” Absent Payment Or Credit, No TDS Applicable: Madras High Court

Final Assessment Without Draft Order Under Section 144C Invalid: ITAT New Delhi

Pre-2002 Transfer Of Self-Generated Trademarks With No Cost Of Acquisition Not Taxable: Gujarat High Court

No Penalty If High Court Admits Quantum Issue As Substantial Question Of Law: Mumbai ITAT

Demonetisation Deposits From Cash In Hand Cannot Be Rejected Without Evidence: Allahabad High Court

Share Buyback Not Acquisition Of Property: Delhi High Court Deletes ₹16.33 Crore Tax Addition Against Globe Capital

ITAT Mumbai Allows Co-operative Society Tax Deduction On Interest Income From Co-op Banks

COMPANY LAW

NCLT Amaravati Dismisses Plea To Rectify Blue Ocean Minerals' Register Of Members, Finds No Valid Share Allotment

NCLT Bar Body Moves Allahabad HC Against Joint Scrutiny Of Allahabad Bench Filings, Alleges Repeated Defect Objections

ARBITRATION

Calcutta High Court Upholds ₹14.49 Crore Arbitral Award To Sourav Ganguly Against Former Talent Manager

Gauhati High Court Appoints Arbitrator, Allows Arbitration Without Notice As Intent To Arbitrate Was Clear

Seat Alone Determines Jurisdiction, Not Where Arbitration Is Conducted Or Award Is Pronounced: Supreme Court

Even Consent Cannot Cure Lack of Jurisdiction In HC Appointment Of Arbitrator In ICA: MP High Court

Appeal Not Maintainable Against Arbitral Tribunal's Impleadment Order: Bombay High Court

Mere Allegation Of Fraud Not A Bar To Arbitration: Karnataka High Court

Pecuniary Jurisdiction No Bar Once Court Is Designated As Commercial Appellate Court: Gauhati High Court

Interim Relief Provision In Arbitration Act Cannot Be Invoked To Revive Terminated Contract: Delhi High Court

Gateway Of India Jetty Construction Dispute: Bombay HC Refuses To Stop ₹31.86 Cr Bank Guarantee Encashment

SECURITIES LAW

SEBI Revises Social Stock Exchange Norms: Allows NPO Registration Up to 3 Years

SEBI, DoT Sign MoU To Curb Securities Market Fraud Through Data Sharing

RERA

Maha RERA Appellate Tribunal Rejects Expat Vida Homebuyers' Notional Claims, Says Proof Of Loss Needed