LiveLawBiz: Corporate Legal News Daily Round-Up: March 13, 2026

IBC

NCLT Mumbai Dismisses CIRP Plea Against Shapoorji Pallonji, Says Claim Inflated With Unilateral Interest

NCLAT Sets Aside NCLT Order, Upholds Auction Sale Confirmed Before CIRP, Says Moratorium Not Applicable

NCLAT Upholds Insolvency Against Al-Dua, Rejects Plea That Debt Was Transferred To Another Company

NCLT Chandigarh Rejects Omkara ARC Plea Over 1267-Day Belated Claim In Vikas WSP CIRP

NCLT Bengaluru Admits CIRP Against VOI Jeans Retail India Over ₹1.11 Crore Operational Debt Default

IPR

Sun TV Moves Madras High Court Against Unauthorised Usage Of Its Songs From Coolie, Jailer Movies By CSK

Madras High Court Grants Temporary Injunction to Prevent Unauthorized Broadcast Of “The Kerala Story 2”

Delhi High Court Dismisses Volkswagen's Challenge To Maruti Suzuki's 'Transformotion' Trademark

TAX

GSTAT New Delhi Directs Tata Play To Deposit ₹450 Crore In Consumer Welfare Funds For GST Profiteering

Transfer Of Self-Generated Trademark Before April 2002 Not Taxable As Capital Gains: Gujarat High Court

Direct Tax Vivad Se Vishwas Act | Revival On Default Applies To Proceedings Initiated By Both Department And Assessee: J&K&L High Court

Charitable Registration Cannot Be Cancelled For Disputed Transactions Alone: ITAT New Delhi

CIT Cannot Reject Delay Condonation Plea On Grounds Beyond Scope of Application: Gujarat High Court

Supreme Court Dismisses Revenue SLP In DLF Case, Declines To Interfere With Deletion Of ₹80.66 Crore Income Tax Disallowance

RERA

Supreme Court Sets Aside NCDRC Order, Says Homebuyers Who Chose RERA Cannot Later Approach Consumer Forum

RERA Cannot Initiate Suo Motu Proceedings Solely On RTI Query: REAT For NCT Of Delhi And UT Of Chandigarh

ARBITRATION

Arbitration Act | Karnataka High Court Upholds Refusal Of Interim Measures In Coorg Cineplex Lease Dispute With Landlord

Telangana High Court Restrains RUSAL-Linked Firm From Transferring Pioneer Aluminium Shares In ₹2840 Crore Arbitral Award Enforcement

Survey Report Based On Memory Alone Cannot Determine Insurance Claim: Delhi High Court Sets Aside Award

J&K & Ladakh High Court Refers Contract Dispute To Arbitration, Leaves Limitation Issue To Tribunal

COMPANY LAW

S. 424(3) Companies Act | Private Settlement Cannot Be Enforced Through Execution Of Withdrawal Order: NCLT Ahmedabad

NCLT Chennai Approves Merger Of Helios Strategic Systems With Listed Indo-National

NCLT Chennai Approves Merger Of Four Group Companies With India Cements Ltd

Condonation Of Delay In Filing Returns For Company Not Available To Directors: Kerala High Court

NCLT Kolkata Approves Merger Of Five Group Companies With BirlaNu Limited

DEBT RECOVERY LAWS

High Courts Can Examine Valuation, Reserve Price In Recovery Proceedings Under Supervisory Jurisdiction: Supreme Court

Educational Institutions Should Not Be Shut Down For Debt Recovery When Other Options Exist: DRAT Kolkata

PMLA

Dalmia Cement Gets Partial Relief As PMLA Appellate Tribunal Cuts Proceeds To ₹92 Cr In ED Case Linked To YS Jagan Mohan Reddy