LiveLawBiz: Corporate Legal News Daily Round-Up: May 02, 2026

FEMA

Centre Mandates Govt. Route For Investments With Beneficial Ownership Linked To Border Countries

IPR

Bombay HC Permits Grasim, UltraTech To Submit Additional Evidence In 'BIRLA' Trademark Dispute With Saboo Tor

Madras High Court Protects Ayushmann Khurrana Starrer 'Pati Patni Aur Woh Do' From Apprehended Piracy

Madras High Court Protects “Krishnavataram Part 1: The Heart” From Piracy Ahead of Release

Delhi High Court Orders Removal of Deepfake Videos and Content Violating Bhuvan Bam's Personality Rights

IBC

Supreme Court Continues Symbolic Possession Of Tower-5 By RP In Morpheus Bluebell CIRP

NCLT Ahmedabad Holds SARFAESI Notice Validly Invokes Guarantee But Dismisses Personal Insolvency Plea As Abuse

NCLT Ahmedabad Bars MIDC From Demolishing Structures on K-Lifestyle's Dombivli Plots During CIRP

Lease Termination, Eviction During IBC Moratorium Of Gujarat Hydrocarbons And Power SEZ Invalid: Gujarat HC

NCLAT Upholds Rejection Of Prospective Homebuyer's Plea To Join Koncept Nirman's CIRP

TAX

Cut, Curved Molybdenum Sheets Are Finished Articles; CESTAT Delhi Upholds Higher Customs Duty On Siria Impex

Capgemini Not Liable To Pay Advance Tax Interest For Period Before Commencement Of Business: ITAT Mumbai

In Faceless Assessment, Income Tax Revision Cannot Be Decided Without Inquiry: Gauhati High Court

Appellate Authorities Can Entertain New Claims As Estoppel Does Not Apply In Tax Proceedings: ITAT Chennai

ITAT Chennai Expunges Direction To Reopen Assessments For Years Not Under Appeal

Is India–UK DTAA Benefit Available On Dividend Distribution Tax? Bombay High Court Refers Issue To Larger Bench

COMPANY LAW

NCLT Ahmedabad Removes Vision Elevators MD Over Forged Resignation Of Director, Illegal Share Transfer

ARBITRATION

Bombay High Court Upholds ₹27.43 Crore Arbitral Award Against ONGC In Uran ETP Dispute, Dismisses Appeal

Arbitral Tribunal's Mandate Not Automatically Terminated After Deadline: J&K & Ladakh High Court

DEBT RECOVERY LAWS

Part Payments Cannot Halt SARFAESI Proceedings Once Initiated Even If Dues Fall Below 20%: Bombay HC

BANKING/NBFC

Kerala HC Dismisses Challenge To Kerala Co-operative Laws, Says Co-op Banks Not Outside Banking Regulation