LiveLawBiz: Corporate Legal News Daily Round-Up: July 14, 2026

Update: 2026-07-15 04:24 GMT

IBC

NCLT Records Highest-Ever First-Quarter Performance Under IBC, Approves 78 Resolution Plans

NCLAT New Delhi Upholds CIRP Against Simbhaoli Sugar, Holds Farmers' Claims Must Be Considered

Acknowledged Interest On ICDs Forms Part Of Financial Debt Under IBC: NCLAT New Delhi

TAX

Supreme Court Upholds Inclusion Of Royalty, DMF, NMET In Average Sale Price For Determining Iron Ore Royalty

Customs Duty Exemption Available For ELISA Kits Cannot Be Claimed By Individual Components: CESTAT Delhi

Customs Appeals Cannot Face Maintainability Challenge At Pre-Admission Stage: Calcutta High Court

Meeting Fees To Whole-Time Directors Not Taxable Under Reverse Charge Mechanism: CESTAT New Delhi

CESTAT New Delhi Restores India-Thailand FTA Benefit To P.C. Jeweller Citing Verification Rules

Standard Asset Provision Write-Back Can't Be Taxed Twice If Already Accounted For: Mumbai ITAT Remands Issue

Delhi High Court Quashes ₹21 Crore Block Assessment Over Failure To Issue Mandatory Scrutiny Notice

Stamp Duty Amendments On Amalgamation Cannot Apply Retrospectively: Kerala High Court

Telangana High Court Upholds Sales Tax On Blended Coffee Sold By Trademark Holder Beyond First Sale

COMPANY LAW

Auditor Cannot Rely On Undocumented OTS Proposal To Ignore Borrower's Interest Liability: NCLAT

ARBITRATION

Arbitral Award Overlooking Enabling Statute Contravenes Fundamental Policy of Indian Law: Kerala High Court

Conflicting Dispute Resolution Clauses Should Be Interpreted in Favour of Arbitration: Bombay High Court

Arbitral Tribunal Can Decide Claim Between Co-Respondents Under Tripartite Agreement: Kerala High Court

Plaintiff In Commercial Suit Bound By 120-Day Time Limit To File Reply To Counterclaim: Supreme Court

SECURITIES LAW

Market Integrity Prevails Over Investor Gains; Profits Can't Excuse Regulatory Breach: Supreme Court

RERA

Mental Agony Compensation Under RERA Must Be Based On Actual Hardship: Karnataka REAT

Civil Remedies Under Real Estate Act Do Not Bar Criminal Action Against Builders: Bihar RERA

COMPETITION LAW

CCI Imposes ₹142 Crore Penalty On HP India Resellers For Cartelisation In Product Supplies

BANKING/NBFC

Kerala High Court Upholds Rejection Of Education Loans Over Parents' Or Co-Borrowers' Poor Credit Scores

PMLA

Telangana High Court Holds Valid Reasons To Believe Justify ED Asset Retention In MMTC Fraud Case

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