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

Update: 2026-06-25 03:30 GMT

IBC

GST Compliance Services During CIRP Qualify As IRP Costs, But Fees Must Be Reasonable: NCLT Kolkata

NCLT Allahabad Clears GSW Enterprises' ₹95 Crore Resolution Plan For Hind Agro Industries

NCLT Ahmedabad Orders Return Of 150 Leased EVs In Gensol EV Lease's Insolvency

NCLT Ahmedabad Refuses To Reverse Debtor's Transfer As Preferential Transaction, Says It Was Bank's Unilateral Act

IPR

Trademark, Not Copyright Dispute: Bombay High Court Quashes FIR Over Fake Zara and Calvin Klein Apparel

Commercial Court Cannot Decide Interim Relief Once Design Cancellation Is Pleaded: Gujarat High Court

TAX

Delhi High Court Issues Notice On Plea Seeking Extension Of GSTAT Appeal Deadline, Refuses Interim Relief

GST Proceedings Maintainable Against Heirs Even Without Action During Taxpayer's Lifetime: Madras HC

Customs Must Follow Valuation Rules Sequentially Before Using Residual Method: CESTAT Delhi

Customs Cannot Reassess Export Shipping Bills Or Deny DEPB Benefits After Export: CESTAT Delhi

Corrigendum Cannot Expand Show Cause Notice After Hearing Concludes: Gujarat High Court

IT Department Moves Supreme Court Against Delhi HC Order Quashing Reassessment Notices Against NDTV Founders

Draft Assessment Order Required Only For 'Eligible Assessees' Under Faceless Assessment: Kerala High Court

ITAT Ahmedabad Upholds Relief To Adani Total Gas, Says No Exempt Income No Section 14A Disallowance

ITAT Ahmedabad Condones 388-Day Delay In Appeal, Cites Poor Advice From Tax Consultant

ITAT Mumbai Deletes ₹61.22 Crore TP Addition, Says Pending HC Appeal Doesn't Affect Earlier Binding Order

Property Tax Revision Invalid Without Mandatory Publication Compliance: Kerala High Court

CAG Audit Of BSES Discoms Cannot Be Blocked At Show-Cause Stage: Delhi High Court

COMPANY LAW

NCLT Ahmedabad Orders Secured Creditors' Meeting In Resolute Corp Bharat Demerger Scheme

NCLT Consent Order Does Not Bar Appeal Against Unconsented Penalty: Kerala High Court

ARBITRATION

Telangana High Court Refers Cinepolis-Sree Thirumala Dispute To Arbitration, Appoints Former Acting CJ

Uttarakhand High Court Upholds Award, Finds No Bar To Arbitration After Partial Settlement Of Insurance Claim

Madras High Court Stays Release Of Dileep-Starrer 'Neekkam' Over Financial Dispute

Calcutta High Court Refers ₹38 Crore Railway Contract Dispute To Arbitration, Says No Claim Certificate No Bar

SECURITIES LAW

SEBI Relaxes Certification Norms For Investment Advice Sales Staff, Introduces New NISM Exam

RERA

Refund Under Section 18 Limited to Sale Consideration, Not Statutory Charges: Maharashtra RERA

BANKING/NBFC

Calcutta High Court Grants Interim Protection To Srei Equipment Finance Over Unsecured ₹273.48 Crore Loan

SEBI Proposes Common Advertisement Code For Regulated Entities, Invites Public Comments

DEBT RECOVERY LAWS

NCLAT Appeal Not A Bar On Swiss Challenge Auction By Bank: Madras High Court

PMLA

Mere Registration Of FIR In Scheduled Offence Does Not Require ED To Register PMLA Case: Madras High Court

Kerala High Court Dismisses Federal Bank's Plea Against ED Attachment Of Mortgaged Property, Points To PMLA Court

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