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LiveLawBiz: Corporate Legal News Daily Round-Up: March 20, 2026

By - Kirit Singhania
Update: 2026-03-21 05:42 GMT

IBC

NCLT Mumbai Partly Allows Anil Ambani Access To Pre-CIRP Records Of Reliance Communications To Defend ED-CBI Proceedings

Supreme Court Allows Set-Off Defence Against Ujaas Energy Though Counterclaim Extinguished Under IBC

Breach Of Settlement Gives Fresh Cause Of Action; NCLAT Allows Subham Capital To File Fresh CIRP Plea Against Vedic Realty

S.7 IBC | Only Financial Creditor And Corporate Debtor Have Vested Right To Be Heard At Pre-Admission Stage: NCLT Bengaluru

RBI Circular Cannot Override IBC; Written Agreement Not Mandatory To Prove Financial Debt: NCLAT

In Appeal Against NCLT Order On Adani Plan For JAL, NCLAT Bars Invocation Of Subcontractor's Bank Guarantee For Six Months

NCLT Bengaluru Admits Insolvency Against BNH Infra Projects On ₹11.3 Crore Loan Default In Canara Bank's Plea

Fraud Must Be Clearly 'Found,' Not Presumed To Invoke Fraudulent Trading Under IBC: NCLT Hyderabad

IPR

Madras High Court Grants Interim Injunction To Block Unauthorized Broadcast Of 'Jab Khuli Kitab'

Delhi High Court Orders Newslaundry To Remove “Shit Reporters”, “Shit Show” Remarks Against TV Today

Delhi High Court Restrains Sale Of “ELECTROCAD” ORS For Imitating FDC's “ELECTRAL”

Delhi High Court Directs Sonakshi Sinha To File List Of Infringing URLs In Personality Rights Suit

Delhi High Court Directs Gautam Gambhir To Correct Mismatch In Defendant List In Personality Rights Suit

Supreme Court Quashes Criminal Proceedings Against Filmmaker Sujoy Ghosh In 'Kahani 2' Copyright Case

Counterfeiting A “Menace”: Delhi High Court Grants Temporary Injunction Against Counterfeit ISOPURE Products

TAX

CBDT Notifies 2026 Income Tax Rules Introducing 'Tax Year' System, Streamlines Compliance Framework

ITAT Upholds Allowance Of Foreign Travel Expenses, Says No Income From Visited Countries Alone Cannot Justify Disallowance

COMPANY LAW

NCLT Chennai Allows First-Motion Application In Veranda Learning Amalgamation-Demerger Scheme

Calcutta High Court Holds Issue Of Appointing Woman Director Triable In Case Against Rashmi Metaliks

NCLT Chennai Directs TVS Holdings' Shareholders' Meeting for Surplus Reserve Scheme

Extending Vigil Mechanism To Unlisted Companies Is Policy Decision; Delhi High Court Asks MCA To Consider After Consultation

RERA

Delay Due To Labor, Material Shortage Not Valid: TNRERA Orders Selene Estate To Allot Alternate Flat To Homebuyer

ARBITRATION

Meghalaya High Court Rejects Plea That No Formal Reference Was Made, Holds Contempt Petition Maintainable

Bombay High Court Directs Gagan Ace Developers To Deposit Rs. 7.81 Crore Arbitral Award For Stay

Delhi High Court Dismisses Air India Appeals, Upholds Arbitral Awards On Wage Arrears For AIAEA & IATA

Delhi High Court Grants Interim Relief To Jiostar In Legends League Cricket Media Rights Dispute

SECURITIES LAW

JP Morgan Chase Bank Settles SEBI Proceedings Over FPI Regulation Violations For ₹34.42 Lakh

PMLA

AgustaWestland Case: PMLA Appellate Tribunal Upholds ED Attachment Of ₹6.33 Crore Properties Of Media Exim

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Supreme Court Allows Set-Off Defence Against Ujaas Energy Though Counterclaim Extinguished Under IBC

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Delhi High Court Dismisses Air India Appeals, Upholds Arbitral Awards On Wage Arrears For AIAEA & IATA

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