LiveLawBiz: Corporate Legal News Daily Round-Up: June 29, 2026

COMPETITION LAW

CCI Closes 14-Year Antitrust Case Against AIOCD, Cipla, Sun Pharma And Other Drugmakers

IBC

NCLT Chandigarh Rejects Samar Estates Homebuyers' Claim After They Admit Payment To Directors' Accounts

NCLT Chandigarh Holds Marketing MoU Cannot Confer Homebuyer Status, Rejects ₹11 Crore Claim

NCLT Allahabad Says It Cannot Determine Unadjudicated MSMED Interest Claims During CIRP

Step-Down Subsidiary Cannot Use 'Colourable Means' To Extract Holding Company Assets In Liquidation: NCLT Chennai

NCLT Delhi Admits Insolvency Plea Against Talent Unlimited Online Services Over Rs 5.77 Crore Default

TAX

Gujarat High Court Denies SVLDRS Benefit For Unquantified Tax Liability Before 30 June 2019 Cut-Off

Gujarat High Court Restricts Excise Rebate In Coke Exports, Rejects Moisture Loss Claim

Bombay High Court Sets Aside ITAT Order For Failing To Decide Challenge To Faceless Assessment Procedure

Gujarat High Court Says It Cannot Tinker With CBDT's Informant Reward Calculation Unless Patently Arbitrary

Gujarat High Court Quashes Reassessment Over AO Treating Warranty Provision As Unascertained Liability

ITAT Hyderabad Deletes ₹3.54 Cr Addition In Online Gaming Case, Applies Section 115BB To Net Winnings

ITAT Chennai Deletes ₹1.5 Lakh Penalty On Stargate Enterprises, Holds Bona Fide Belief As Reasonable Cause

Search Assessment, Not Reassessment, Applies To Cases Based On Pre-April 1, 2021 Third-Party Search Material: ITAT Kolkata

Brilliant Study Centre Faculty Are Independent Professionals, Not Employees For TDS: ITAT Cochin

COMPANY LAW

NCLT Chennai Defreezes Karti Chidambaram's Salary & Family Accounts, Partly Relaxes SFIO Freezing Order

RERA

Promoter Cannot Use Grace Period After Missing Fit-Out Possession Deadline Under RERA: Bombay High Court

Bihar RERA Directs Redbrick Infrabuild To Refund ₹16 Lakh For Failure To Convey Marketable Title

COMMERCIAL LAW

Supreme Court Appoints Former Judge Justice Abhay Oka As Mediator In IIFL Finance-Paramvir Developers Dispute

BANKING/NBFC

Kerala High Court Dismisses Cholamandalam Appeal, Reiterates Threshold For Intra-Court Appeals

DEBT RECOVERY LAWS

DRAT Chennai Refuses To Condone Over 6-Year Delay In ₹115.39 Crore Recovery Appeal

DRAT Allahabad Upholds Quashing Of SBI SARFAESI Auction Over First Sale At Distress Value

PMLA

Can ED Include 'Reasons To Believe' In Provisional Attachment Orders? Gauhati High Court Refers Issue To Larger Bench