LiveLawBiz: Corporate Legal News Daily Round-Up: July 24, 2026

IBC

NCLT Mumbai Dispenses With JSW Steel Unsecured Creditors' Meeting In Piombino Steel Merger

NCLT Chandigarh Rejects Department's ₹975.56 Cr Claim Filed 1305 Days Late In Gupta Builders CIRP

IPR

Requiring AI Companies To Obtain Multiple Licences For LLM Training Would Be Economically Unviable: Delhi High Court

Delhi High Court Restrains Copyright Holders From Issuing Groundless Infringement Threats Against TVS

OpenAI's Use Of ANI Content To Train ChatGPT Is Not Prima Facie Copyright Infringement: Delhi High Court

TAX

Karnataka High Court Strikes Down Health Security Se National Security Cess Act On Pan Masala Manufacturers

Punjab &Haryana High Court Grants Bail To Ludhiana Trader Accused Of ₹9.66 Crore Fake GST ITC Fraud

GST Law Does Not Mandate Three-Month Gap Between Notice And Adjudication Order: Madras High Court

Patna High Court Quashes Mechanical GST Registration Cancellation, Imposes ₹15,000 Costs On Department

Gujarat High Court Dismisses LANXESS Belgium's Writ Against Anti-Dumping Duty, Holds CESTAT Proper Forum

Madras High Court Quashes ₹12.58 Cr Demand Against Pellagic Food, Upholds Advance Ruling Principles

Gujarat High Court Quashes Reassessment Based On Presumption Drawn From Sister Concern's 'On-Money' Collection

Order Quashing Notice To Dead Person Is Not A 'Finding' To Issue Fresh Notice To Legal Heirs: Allahabad HC

Allahabad High Court Flags Loophole In Income Tax Law On Reassessment After Taxpayer's Death

Revenue Cannot Appeal Assessment Order Under Income Tax Act, Can Only Seek Revision: Allahabad High Court

COMPANY LAW

NCLT Ahmedabad Orders RoC Inquiry Into Veer Fabricators' Share Transfer Dispute

Income Tax Department Can Restore Struck-Off Company As 'Creditor' For Tax Assessment: NCLT Kochi

NCLT Cuttack Holds Exclusion Of Minority Shareholders Is Oppression, Restores Sparsh Hospital Directors

ARBITRATION

Delhi High Court Sets Aside Arbitral Award Rejecting Spectrum Power's GST Refund Claim Against GAIL

Settled Disputes Cannot Be Revived Without Express Reservation Of Future Claims: Delhi High Court

Arbitration Initiated by Liquidator Without Prior NCLT Approval Isn't Void: Bombay High Court

Supreme Court Refuses To Interfere With Arbitrator Appointment In Adani-GSECL Coal Mining Tender Dispute

SECURITIES LAW

SEBI Reference Alone Does Not Make Writ Petition Against Stock Broker Maintainable: Delhi High Court

RERA

Registration Extension Cannot Change Contractual Possession Date In Sale Agreements: Maharashtra RERA

PMLA

Supreme Court Grants Bail To Prayag Group Promoters In ₹2,862 Crore Money Laundering Case

OTHER STORIES

Supreme Court Sets Aside TDSAT Ruling That Barred TRAI From Adjudicating Contractual Disputes Between Service Providers