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LiveLawBiz: Corporate Legal News Daily Round-Up: August 08, 2026

By - Kirit Singhania
Update: 2026-08-09 04:23 GMT

IBC

NCLT Ahemdabad Rejects Jindal SMI's Insolvency Plea Against Astron Packaging As Principal Dues Paid

NCLAT Dismisses Tropical Ventures' Plea To Halt Distribution Of INCAB Resolution Plan Funds

NCLAT Allows Party To Contest Ex-Parte Proceedings, Says Parties Shouldn't Be Penalised For Counsel's Mistakes

Fraud Proceedings Under IBC Cannot Be Turned Into 'Battlefield' For Private Disputes: NCLT Kochi

IPR

Bombay High Court Restrains 'Bislie' Water Maker From Using Mark In Bisleri Trademark Suit

Bombay High Court Slaps ₹2.5 Lakh Costs On Mumbai Khadi Body For Breaching Order Barring Use Of 'Khadi' Mark

TAX

Customs Duty Exemption On Flavour Compound Cannot Be Denied On Alcohol Content Alone: CESTAT Bengaluru

COMPANY LAW

Shareholder With Less Than 10% Holding Can Pursue Oppression Petition With NCLT Exemption: NCLT Kochi

NCLT Ahmedabad Sanctions Merger Of Triumph Offshore With Swan Defence And Heavy Industries

NCLT Chennai Allows First Motion For Sun Direct GO Merger With Parent Sun Direct TV

CA Certifying False Returns Can Be Prosecuted If Active Complicity, Mens Rea Shown: Calcutta High Court

ARBITRATION

Delhi High Court Sets Aside ₹6.35 Crore Award Over Unilateral Arbitrator Appointment By Defence Ministry

Supreme Court Replaces Justice Arun Mishra With Justice Sanjay Kishan Kaul As Arbitrator In Adani-RVUNL Dispute

General Body Approval Not A Formality In Housing Society Redevelopment: Bombay High Court

Arbitral Award May Bring 'Finality On Paper', But Mediation Can Bring 'True Accord': CJI Surya Kant

RERA

Accepting Delayed Possession Does Not Waive Homebuyer's Right To Delay Interest: Maharashtra REAT

Telangana RERA Holds Two Real Estate Agents Liable For Facilitating Sale Of Plot In Unregistered Project

Builder Must Pay Delayed Possession Interest At Rate It Could Charge Allottee For Default: Allahabad High Court

DEBT RECOVERY LAWS

Civil Courts Cannot Injunct SARFAESI Measures; 'To Be Taken' Includes Future Action: Calcutta High Court

Andhra Pradesh High Court Declines To Interfere With SARFAESI Action, Cites Alternative DRT Remedy

Different Inks On Cheque Do Not Make It Invalid, Cast Doubt On Execution: Kerala High Court

'Even The Bald Want A Haircut': Calcutta High Court Slams Borrowers' Repeated Bid To Sell Secured Assets

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