LiveLawBiz: Corporate Legal News Daily Round-Up: August 05, 2026

Update: 2026-08-06 02:53 GMT

IBC

NCLAT New Delhi Sets Aside Monte Carlo Insolvency Order After Settlement & Prior Dispute Admission

NCLT Ahmedabad Rejects Conart Engineers' Insolvency Plea Against Senores Over Pre Existing Dispute

IPR

Delhi High Court Frames Guidelines To Distinguish 'Mental Acts' From Patentable Inventions

Bombay High Court Pulls Up Masala Maker For Only Paying 'Lip Service' To Trademark Injunction

Delhi High Court Temporarily Restrains Ahmedabad Project From Using 'ANANTARA' Mark In Minor Hotels Suit

Delhi High Court Protects Physics Wallah Founder Alakh Pandey's Personality Rights

Playing IPRS-Owned Music In Hotel Rooms Without Licence Is Copyright Infringement: Calcutta High Court

TAX

S. 76 CGST Act | Appellate Authority Can Decide Reasonable Period For Issuing Show Cause Notice: Delhi High Court

CESTAT Chandigarh Sets Aside ₹2.39 Crore Service Tax Demand Against SBI Card

COVID Limitation Extension Can't Revive Time-Barred Service Tax Demands: CESTAT Kolkata

ITAT Mumbai Quashes PCIT Revision Against Mumbai Trader As 'Larger Issue' Was Already Under Appeal

Madras High Court Says Tax Authorities Must Consider Demerger Impact, Remands Grace Infrastructure Case

Income Tax Findings Have Evidentiary Value In Benami Proceedings: Rajasthan High Court

Delay In Filing Certificate Not Ground To Deny Property Tax Exemption To School: Chhattisgarh High Court

ARBITRATION

J&K And Ladakh HC Holds Past Arbitration No Bar In Refund Claim, Directs SKUAST-J To Release Deposit

Public Infrastructure Nature Of Project No Bar To Interim Relief Under Arbitration Act: Bombay High Court

Supreme Court Allows Centre To Withdraw SLP Against Vedanta In Rajasthan Oil Block Dispute

SECURITIES LAW

SEBI Proposes Depository Receipts Framework For REIT And InvIT Units To Attract Foreign Capital

'Would Send Wrong Signals': Delhi High Court Denies Bail In ₹30 Crore Investment Fraud Case

RERA

Homebuyer Cannot Seek Mental Agony Rent Claims After Declining Possession: Tamil Nadu REAT

BANKING/NBFC

Word 'Demand' Not Mandatory In Cheque Dishonour Notice, 'Advice' Can Suffice: Gauhati High Court

Banks Must Share Forensic Audit Reports Before Declaring Accounts Fraudulent: Bombay High Court

Bankers' Books Evidence Bill Introduced In Parliament To Recognise Digital Bank Records As Evidence

DEBT RECOVERY LAWS

Kerala High Court Refuses To Quash Cheque Dishonour Complaint Over Defect In Cause Title

Mere Denial Can't Rebut Cheque Bounce Presumption, Accused Must Produce Probable Evidence: Supreme Court

CJM Can Entertain Fresh SARFAESI Plea For Possession If Borrower Re-Enters Secured Asset: Kerala High Court

Delay Condonation Under NI Act Cannot Be Used To Cure Fatal Defects: Supreme Court

PMLA

Describing ECIR An Administrative Document Cannot Shield It From Judicial Review: Karnataka High Court

Gameskraft Case | Search And Seizure Under PMLA Is Not An Independent Civil Exercise, Consequence Of ECIR: Karnataka High Court

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