LiveLawBiz: Corporate Legal News Daily Round-Up: July 09, 2026

BANKING/NBFC

Bombay High Court Quashes BOI's Fraud Tag Against Future Lifestyle, Promoters Kishore Biyani, Rakesh Biyani

Rajasthan High Court To Decide If Police Can Levy Fees On Banks For SARFAESI Possession Assistance

RBI's Bank Amalgamation Scheme Doesn't Override Landlord's Rights Under Delhi Rent Control Act: Supreme Court

Civil Courts Can't Grant Interim Relief Against SARFAESI Proceedings Despite Suit Being Maintainable: Kerala High Court

Supreme Court Sets Aside Delhi HC Ruling That PNB-HCB Bank Merger Did Not Amount To Unlawful Subletting

IBC

NCLT Ahmedabad Admits Insolvency Plea Against Montecarlo, Rejects 'Pre-Existing Dispute' Defence

NCLT Mumbai Rejects Canara Bank's ₹742 Cr. Plea Against Frost International's Guarantor As Time Barred

'Shocking And Bewildering': NCLT Mumbai Bench Rejects VAS Infrastructure Resolution Plan, Orders IBBI Probe Into RP

NCLT Mumbai Admits Kishore Biyani-Led Future Consumer Into CIRP Over ₹263.77 Crore Default

IPR

Delhi High Court Questions Invoking Personality Rights Over Investment Scammers Using AMC CEO's Photo

Bombay High Court Orders Takedown Of Content Infringing Actor Preity Zinta's Personality Rights

Delhi High Court Restrains Hind Enterprises From Using 'EASTHRON' Mark For Similarity With 'EASTMAN'

Delhi High Court To Order Takedown Of Content Misusing Cricketer Abhishek Sharma's Personality Rights

Delhi High Court Orders Crocs To Pay ₹24.63 Lakh Costs To Bata After Design Registration Was Cancelled

Madras High Court Restrains Online Piracy Of Idhayam Murali Ahead Of Release

TAX

GSTAT Mumbai Rejects Dow Chemical's ₹13.41 Crore IGST Refund Claim, Holds Procurement Services Are Imports

GST Order Need Not Elaborately Deal With Every Submission In Taxpayer's Reply: Delhi High Court

CESTAT Mumbai Awards ₹50,000 Costs After Holding Department Harassed Taxpayer Over ₹33,373 Pre-Deposit Refund

Section 263 Assessment Cannot Survive After Original Order Is Quashed As Time Barred: ITAT Kolkata

ITAT Delhi Deletes ₹13.97 Crore TP Adjustment Against Coca-Cola India Over Delayed Receivables

ITAT New Delhi Quashes NIIT Revision, Says Action Was Triggered By Higher Authorities' 'Pressures'

Revenue Cannot Disallow Purchases As Bogus After Accepting Corresponding Sales: ITAT Ahmedabad

Karnataka High Court Upholds Bengaluru's Uniform Property Tax On Five-Star Hotels, Rejects Article 14 Challenge

Kerala High Court Reiterates Interest Under Kerala Luxury Tax Act Cannot Be Demanded For Pre-2009 Period

COMPANY LAW

NCLT Mumbai Waives Membership Threshold For Film Producers' Association Members' Oppression Plea

Madras High Court Refuses To Quash CBI FIR Against Ind Barath Power Directors Despite Withdrawal Of Fraud Tag

When Can A Disqualified Company Director Continue In Office? Karnataka High Court Clarifies

NCLT Ahmedabad Approves J B Chemicals-Torrent Pharmaceuticals Merger Scheme

NCLT Mumbai Approves Merger Of Wholly-Owned Subsidiary Embellish Houses Into Godrej Properties

ARBITRATION

Calcutta High Court Upholds ₹2.05 Crore Arbitral Award Against SAIL Over Wrongful Iron Ore Contract Termination

Bombay HC Says Confidentiality Claims Need Evidence, Refuses Injunction Against Tata Retail Arm Trent

Bombay HC Holds Mumbai Was Arbitration Seat In Siemens' ₹7.38 Cr Loan Dispute, Appoints Arbitrator

Registered Mortgage Does Not Bar Arbitration In Simple Money Recovery Claims: Madras High Court

Fresh Copy Of Arbitral Award Cannot Restart Limitation To Challenge Award: Delhi High Court

SECURITIES LAW

SEBI Replaces Annual Custodian Fee Regime With Monthly Payments, Effective October 1 2026

COMMERCIAL LAW

Commercial Litigants Cannot Produce Additional Documents In Piecemeal Manner: Supreme Court

RERA

Housing Society Member Seeking Additional Area In Redevelopment Is Not RERA Allottee: Bombay High Court

RERA Cannot Treat Temple Deity and Registered Trust As Separate Entities: Madhya Pradesh High Court