LiveLawBiz: Corporate Legal News Daily Round-Up: August 13, 2026

IBC

NCLT Ahmedabad Rejects Operational Creditor's Insolvency Plea Against Tecso Project, Imposes ₹2 Lakh Cost

Underlying Contract's Subsistence Cannot Revive Time-Barred Debt Under IBC: Supreme Court

Later Default After Repayment Extension Cannot Revive COVID-Period Insolvency Claim: NCLT Mumbai

Advocates Acting As Insolvency Professionals Must Register Under GST, Pay Under Forward Charge: Delhi High Court

NCLT Ahmedabad Dismisses Ricova International's Insolvency Plea Against Kraft Paper Manufacturer

Mere Divergence Between Interim, Final Forensic Audit Reports Does Not Establish Unreliability: NCLT Indore

TAX

Revenue Cannot Levy Service Tax Through Notional Apportionment Of Indivisible Turnkey Contracts: Supreme Court

Supreme Court Notice On GST Department Plea Against HC Order Quashing Arrest Over Failure To Serve Grounds

Himachal Pradesh High Court Quashes Electricity Duty On Self-Generated Electricity Used For Captive Consumption

ITAT Delhi Deletes Over ₹7,800 Crore Tax Adjustments Against Samsung India

Service Tax Payment Can't Create Liability Where Tax Is Not Payable: CESTAT Delhi

CESTAT Delhi Holds Consultancy To Single Client Cannot Be Treated As Intermediary Services

Delhi High Court Allows Delhi Airport To Approach Adjudicating Authority For ITC Claim In Light Of Safari Retreats

Delhi High Court Sets Aside Ex Parte Order Based On Show Cause Notice Uploaded Only On GST Portal

SaaS Support Does Not Amount To Transfer Of Technology Under India-US DTAA: ITAT Delhi

Delhi High Court Rejects Plea Against GST Registration Cancellation Over Failure To Reply To Show Cause Notices

Delhi High Court Sets Aside ITAT's Ex-Parte Order Against AAI Over Non-Service Of Hearing Notice

Excise Department Cannot Invoke Extended Limitation For Omission When Facts Were Already Known: Supreme Court

Delhi High Court Dismisses Tax Dept. Appeals Against Suzuki Motorcycle Over AMP Adjustment Using Bright Line Test

Delhi High Court Declines To Rule On GST Penalty For Non-Taxable Persons Amid Proceedings Before Supreme Court

COMPETITION LAW

Supreme Court Issues Notice On Liquor Body's Appeal Against Kerala's Jawan Rum Preference, Alleges Competition Harm

BANKING/NBFC

Company's 'Fraud' Classification Doesn't Automatically Attract Penal Consequences For Directors: Bombay High Court

IPR

Delhi High Court Upholds Contempt Conviction In Siemens Software Piracy Case, Cuts Jail Term To One Month

Bombay High Court Temporarily Restrains Dabur From Using 'NEEM' As Leading Feature On Toothpaste Label

Delhi High Court Upholds Injunction Against Alder Biochem Over 'BIOCHEM' Mark In Zydus' Suit

ARBITRATION

Bombay High Court Refuses EV Licensees Interim Relief In Arbitration Over Mumbai Airport Charging Stations

Delhi High Court Upholds Award Setting Aside ₹8.55 Crore DoT Demand Against Sterlite Technologies

Qatar Holding Moves Karnataka HC To Enforce SGD 7.2 Million SIAC Award Against Byju Raveendran

COMPANY LAW

Conditional Votes Cannot Be Treated As Unconditional Approval Of Companies Act Revival Scheme: Delhi High Court

SECURITIES LAW

SEBI Settlement Does Not Bar Stock Exchange From Imposing Separate Fine For Same Violation: SAT

DEBT RECOVERY LAWS

Borrower Cannot 'Blithely' Ignore Banks' Accounting System While Calculating Loan Liability: Supreme Court

OTHERS

NCLT Launches E-Inspection, E-Certified Copy Services