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

IBC

NCLT Ahmedabad Holds Sales Incentive Property Promise Not Operational Debt Under IBC, Dismisses S.9 Plea

Mere Allegations Of Fraud Cannot Become A Vehicle To Reopen Every Concluded CIRP: NCLT Bengaluru

'Floodgates' Would Open: NCLT Bengaluru Rejects Third-Party Homebuyers' Bid To Intervene Before CIRP Admission

Jet Airways Workmen's PF, Gratuity Dues Must Be Paid, Fall Outside Liquidation Estate: NCLAT

IPR

Madras High Court Grants Pre-Release Anti-Piracy Injunctions For 'Welcome to the Jungle,' 'Balaramana Dinagalu'

CGPDTM Notifies Patent & Trade Marks Agent Exams 2027, Registration To Open July 1

California Northern District Court Rejects Uber's Eligibility Challenge To LBT GPS Tracking Patents

Malabar Gold Cannot Monopolise 'Malabar'; Kerala High Court Sets Aside Passing Off Finding Against Delhi Jeweller

Bombay HC Protects Bombay Group's Continued Use Of 'Vadilal' Trademark Pending Family Settlement Arbitration

TAX

Centre Extends GSTAT Appeal Deadline To July 31 For Legacy GST Orders

CESTAT Chennai Deletes ₹10.26 Lakh Service Tax Demand On Mayajaal Over Revenue-Sharing Model

Madras HC Holds Civil Dispute Over Wharfage Refund Cannot Be Tried As Criminal Offence, Quashes CBI Case

ITAT Hyderabad Quashes Penalty U/S 271DA Income Tax Act, Finds No Proof Of Section 269ST Violation

Unit Owners, Not Society, Must Challenge Individual Property Tax Demands: Bombay High Court

CESTAT Chennai Says ELFA Diagnostic Kits Eligible For Customs Duty Exemption Available To ELISA Kits

CESTAT Ahmedabad Quashes Service Tax Demand, Finds Composite H&T Contract Could Not Be Split For GTA Levy

COMPETITION LAW

CCI Approves Proposed Acquisition Of Royal Challengers Bengaluru Franchise By Aditya Birla-Led Consortium

SECURITIES LAW

SEBI Cancels Registration Of 15 Research Analysts Over Non-Payment Of Renewal Fees

SEBI Forms Expert Panel Under Former WTM, Former SBI Chairman To Review Debenture Trustee Framework

COMPANY LAW

Bona Fide Dispute Over Liability Bars Winding Up Proceedings: Madhya Pradesh High Court

DEBT RECOVERY LAWS

Kerala High Court Sets Aside KFC Auction Sale, Says Purchaser Cannot Be Financed Against Same Property

DRAT Chennai Restores Civil Arrest In ₹15.14 Cr Kotak Mahindra Bank Recovery, Holds Insolvency No Bar

DRAT Chennai Restores Civil Arrest In ₹15.14 Cr Kotak Mahindra Bank Recovery, Holds Insolvency No Bar

DRAT Chennai Bars City Union Bank's Belated Challenge To Delayed Written Statement In ₹14 Crore Recovery Case

Wife Claiming Residence Rights In Mortgaged Property Need Not Make SARFAESI Pre-Deposit For Appeal: DRAT Delhi

BANKING/NBFC

Diluting RBI's NBFC Capital Requirements Could Have Impact On India's Financial System: Bombay High Court

OTHERS

Supreme Court Orders Status Quo On HC Direction To OMCs To Consider Dedicated Ethanol Plant's Higher Allocation Plea

Burden Shifts To Complainant Once Accused Proves Discharge In Cheque Bounce Case: Kerala High Court