LiveLawBiz: Corporate Legal News Daily Round-Up: March 19, 2026

IBC

NCLT Bengaluru Dismisses Insolvency Plea By Operational Creditor Against Wipro Over Pre-Existing Dispute

Third-Party Impleadment Not Ordinarily Contemplated In Section 7 CIRP At Pre-Admission Stage: NCLT Hyderabad

Interest In Invoices Without Acceptance By Corporate Debtor Cannot Count Toward Threshold Under IBC: NCLT Ahmedabad

S.94 IBC | Parallel SARFAESI, DRT Proceedings No Bar To Personal Guarantor Insolvency: NCLT Indore

Lender's Relinquishment Of Security In Borrower Liquidation Does Not Extinguish Third-Party Mortgage: NCLT Mumbai

IBC Cannot Replace Statutory Process For Determination And Recovery Of GST Liability: NCLT Hyderabad

NCLT Ahmedabad Dismisses Arrhum Tradelink Plea After Vimal Oil Sale, Says 'As-Is Where-Is' Terms Bind Buyer

IPR

Delhi High Court Upholds Rejection Of Patent For Cancer Screening Method, Calls It Non-Patentable Diagnostic Process

Bombay High Court Injuncts Use Of 'LIVOGEM', Finds Prima Facie Infringement Of P&G's LIVOGEN Trademark

Delhi High Court Restores PADAN Trademark Suit, Says Plaint Cannot Be Rejected If Cause Of Action Is Disclosed

TAX

GSTAT Rajkot Bench Starts Functioning

ITAT Ahmedabad Grants Partial Relief To Arrow Clothing In Demonetisation Cash Deposit Addition Case

Bombay High Court Declines To Answer Reference On Taxability Of Hire-Purchase Premium In Tata Motors Case

COMPANY LAW

NCLT Ahmedabad Sanctions Prima Plastics Demerger Of Rotational Moulding Business Into Subsidiary

NCLT Ahmedabad Sanctions Amalgamation Of UR Energy With Listed Jhaveri Credits

NCLT Kochi Restores Winding-Up Petition After 3-Year Delay, Notes Provisional Liquidator Already Appointed

ARBITRATION

Arbitral Tribunal Cannot Direct Renewal Of Determinable Contract: Madras High Court

Kerala High Court Upholds Award Granting Compensation For Entire House Rendered Unusable By NHAI Acquisition

Time Limit Under Arbitration Act Not Applicable To National Highway Act Arbitration: Bombay High Court

Delhi High Court Upholds Arbitral Award Allowing BSNL's 12.63 Crores Counterclaim In Optical Fibre Cable Dispute

DEBT RECOVERY LAWS

No Need To Produce Trust Deed If Debt Assigned To ARC Through Valid Assignment Agreement: DRAT Kolkata

SECURITIES LAW

SEBI Penalises 18 Entities ₹2.8 Crore For Manipulating RGRL Scrip Through Telegram Stock Tips

SEBI Proposes To Simplify Nomination Rules For Demat, Mutual Funds; Suggests Cutting Nominee Limit To 4