LiveLawBiz: Corporate Legal News Daily Round-Up: July 18, 2026

IBC

Pending Compromise Scheme No Bar To Insolvency Proceedings: NCLAT

Gratuity Payable To Retiring Employee Cannot Be Equated With Salary, Not Part Of CIRP Costs: NCLAT

NCLT Kochi Recalls Oral Order Minutes After Pronouncement Over Undisclosed Facts

Dismissal Of DRT Recovery Case For Default Does Not Bar Insolvency Proceedings Against Personal Guarantor: NCLAT

Small Operational Creditors Are 'Significantly Disenfranchised': Supreme Court Urges Review Of IBC Framework

TAX

Calcutta High Court Upholds GST Order Uploaded A Day After Limitation Expired

Gauhati High Court Rejects Hawkins Cookers' Plea To Compute VAT On Reduced Sale Price

Madras High Court Upholds Sales Tax Demand Against Ford India Over Breach of Exemption Conditions

Telangana High Court Upholds Capital Gains Tax Exemption Despite Delay In Villa Registration

Service Tax Refund For SEZ Can't Be Denied If Services Were Used For Authorised Operations: CESTAT Chennai

Karnataka High Court Upholds Deletion Of Tax Addition On Advances Received By Businessman Procuring Land

CESTAT Mumbai Allows YRF Studios' CENVAT Credit On Studio Repair and Renovation Works

Salaries Paid By Foreign Bank's Head Office To Expatriates Working For Indian Branch Not Head Office Expenses: ITAT Mumbai

SECURITIES LAW

SEBI Simplifies Mutual Fund Transmission Process For Legal Heirs, Nominees

IPR

Himachal Pradesh High Court Refuses Interim Relief In SML Patent Infringement Suit Over Territorial Jurisdiction

ARBITRATION

Chhattisgarh High Court Restores ABB In Arbitration Appeals After Hitachi Challenges Substitution Order

RERA

Tamil Nadu REAT Upholds Refusal To Remove Sobha VP From RERA Complaint At Preliminary Stage

OTHERS

Plea Filed In Supreme Court Against HC Order Refusing CBI Probe Against Reliance Industries

Mere Denial Cannot Rebut Presumption Of Legally Enforceable Debt In Cheque Dishonour Cases: Supreme Court