LiveLawBiz: Corporate Legal News Daily Round-Up: July 30, 2026

IBC

NCLT Ahmedabad Rejects Money Lender's CIRP Plea, Says Loan To Repay Existing Bank Debt Is Not Financial Debt

Operational Creditor Cannot Use Conflicting Debt Documents To Extend Limitation: NCLAT New Delhi

Merits Of Oppression Plea Not To Be Examined While Deciding Waiver Application: NCLT Mumbai

Easement Right Disputes Affecting Liquidation Fall Within NCLT's Jurisdiction: NCLAT New Delhi

"Your Callous Attitude Leads To Such Litigations": Supreme Court Pulls Up GDA, UP Govt. Over Delay In Ansal Resolution Plan Implementation

IPR

Madras High Court Restrains Edible Oil Firm, Holds 'CYCLE' Mark Has Reputation Beyond Agarbattis

Karnataka High Court Quashes Temporary Injunction Against Areca Nut Dehusking Machine Maker In Patent Suit

Delhi High Court Restrains Use Of PHENSERYL Mark In Opella Healthcare's Trademark Suit

Delhi High Court Flags Misuse Of Meta's Copyright Strike System, Calls It 'Platform For Extortion By Bad Actors'

TAX

Gujarat High Court Reiterates Trade Associations Can Qualify As Charitable Institutions Under Income Tax Act

Mere Delay In Paying Income Tax Does Not Amount To Wilful Tax Evasion: Bombay High Court

Income Tax Act | Trustee's Shareholding Doesn't Make Public Trust A 'Concern' Under Deemed Dividend Provision: Gujarat High Court

Three Days To Reply To Income Tax SCN Not Reasonable: Gujarat High Court Quashes Assessment

Disseminating Bhagavad Gita Teachings Can't Be Treated As Religious Propagation: ITAT Chandigarh

COMPANY LAW

NCLT Ahmedabad Allows First Motion In ACC-Ambuja Cements Merger, Dispenses With Creditor Meetings

ARBITRATION

Service Of Award On Award Applicant's Wife At Same Address Triggers Limitation: Bombay High Court

Jurisdiction Order U/S 16 Arbitration Act Cannot Be Independently Challenged: Bombay High Court

SECURITIES LAW

SEBI Penalises Three ₹20 Lakh For Manipulating Akash Infra Stock Through Telegram Channels

SEBI Fines Madhav Copper ₹10 Lakh For Failing To Disclose GST Search And Registration Cancellation

Kerala High Court Dismisses SEBI Appeal Over Escrow Funds Linked To Atlas Ramachandran

RERA

Penalty Under RERA Act Can Be Set Aside Only By Appellate Authority Not Private Settlement: Goa RERA

COMPETITION LAW

Liquor Bodies Move Supreme Court Against NCLAT Ruling Holding Kerala's Jawan Rum Preference Did Not Harm Competition

DEBT RECOVERY LAWS

Sole Proprietor's Family Members Can't Be Held Vicariously Liable U/S 141 NI Act: Calcutta High Court

Acquittal In Cheque Bounce Case Doesn't Bar Civil Recovery Suit On Same Cheque: Kerala High Court

PMLA

Supreme Court Declines Bail To Punjab Minister Sanjeev Arora On Medical Grounds In PMLA Case

OTHER STORIES

Supreme Court Dismisses Lilavati Trust's ₹2,500 Crore Plea For Damages Against Ex-Trustee, Ex-Mumbai Police Chief