LiveLawBiz: Corporate Legal News Daily Round-Up: June 27, 2026

ARBITRATION

India's Ratification Of New York Convention On Arbitral Award Enforcement Does Not Waive Sovereign Immunity: UK Court

Madras High Court Restores Arbitral Award, Says District Judge Erred In Calling It 'Hypothetical'

IBC

Comparative Reach Of Other Newspapers Irrelevant For CIRP Public Announcement Compliance: NCLT Mumbai

Mere Forensic Audit Report Observations Cannot Extinguish Corporate Debtor's Ownership Rights: NCLT Ahmedabad

NCLT Chandigarh Allows CIRP Withdrawal After Debtor Settles With Sole Financial Creditor, Operational Creditor

Mere OTS Proposals, Settlement Talks Cannot Postpone Valid Insolvency Application: NCLT Ahmedabad

NCLT Bengaluru Approves ₹17.25 Crore Resolution Plan For Dunlop Polymers

IPR

Bombay High Court Sets Aside Revocation Of SAATHI's Patent For Natural Fibre Absorbent Article

Calcutta High Court Upholds Rejection of German Research Organisation's Patent For Biomass Growth Method

Madras High Court Dismisses Intellectual Property Suit Against Tamil Film 'Saamaniyan' After Release

TAX

Gujarat AAR Rules Compensation Recovered From Transporters For Transit Losses Not Liable To GSR

Gujarat AAR Rules Yoga Camps Conducted By Banaskantha-Based Charitable Trust Exempt From GST

Glucometers Are Instruments For Chemical Analysis, Not Medical Diagnostic Devices For Customs Duty: CESTAT Mumbai

CESTAT Delhi Cuts Customs Duty Demand From ₹5.53 Crore To ₹7.9 Lakh Over Arbitrary Revaluation of Imported Good

ITAT Ahmedabad Quashes Reassessment Against Tipsons Stock Brokers, Deletes ₹1.33 Crore Disallowance

COMPANY LAW

NCLT Chennai Clears First Motion For Refex Industries' Green Mobility Business Restructuring

RERA

Telangana RERA Fines Indo Qatar Projects ₹38.63 Lakh For Marketing Unregistered Projects

BANKING/NBFC

RBI Drops Prior Approval Requirement For Foreign Currency Note Write-Offs Exceeding USD 2,000

One Lender's Absence Doesn't Invalidate Resolution Under RBI's Stressed Asset Framework: Karnataka High Court

DEBT RECOVERY LAWS

DRAT Mumbai Rejects Bank Of Maharashtra's Appeal Over Failure To File Certified Copy Of The DRT Order