LiveLawBiz: Corporate Legal News Daily Round-Up: May 04, 2026

IBC

NCLAT Dismisses Vedanta's Appeal Against Approval Of Adani Enterprises' Plan For Jaiprakash Associates

“This Will Be His Last Assignment”: Supreme Court Raps Xalta Foods RP For Defying Court's Possession Order

NCLT Ahmedabad Directs Morakhia Copper's SRA To File NFRA Complaint Against CA For Falsifying Company Accounts

RTO Cannot Demand Pre-Liquidation Motor Vehicle Tax From IBC Auction Purchasers: Bombay High Court

Telangana High Court Holds IBC Moratorium Cannot Defeat Arbitral Proceedings, Allows Kaizen Power Appeal

NCLAT Rejects Insolvency Plea Over Disputed, Time-Barred Advance Refund Claim

Madhya Pradesh HC Stays Arrest In Recovery Case Arising From RERA Order Against Insolvency-Bound Developer

IPR

Delhi High Court Temporarily Restrains TechWiser, TechBar From Disparaging AI+ Smartphones

Delhi High Court Restrains Pronton Plast Pack From Manufacturing Containers Infringing Mold Tek Patents

Karnataka High Court Dismisses Plagiarism Plea Against Dhurandhar-2, Says Remedy Lies Before Civil Court

Delhi High Court Directs Xiaomi To Deposit ₹272 Crore In SEP Infringement Suit By Malikie

Delhi High Court Refuses Doctors Without Borders' Plea to Restrain Use of Its Mark In Jigra Film

Delhi High Court Restrains EaseMyBiz From Launching App, Website In MakeMyTrip Trademark Dispute

SECURITIES LAW

SEBI Proposes To Permit Single-Asset Securitisation By Relaxing 25% Cap For RBI-Regulated Entities

TAX

University Affiliation, NOCs Not 'Supply', No GST On Statutory Functions: Andhra Pradesh High Court

Receipts From Capital Asset Transfer Cannot Be Taxed Under Residuary Head: ITAT Mumbai

Cash Deposits In Education Trust Account Not Taxable In Individual's Hands: ITAT New Delhi

Delhi High Court Refuses To Condone Delay In Late Filing To Opt Lower Corporate Tax Regime

Gujarat HC Upholds Constitutionality Of CGST Provision Denying ITC To Buyers If Supplier Fails To Pay Tax

COMPANY LAW

High Courts Cannot Bypass Statutory Remedy Through Writ Jurisdiction: NCLAT Chennai

ARBITRATION

West Asia Hostilities No Ground: Delhi HC Dismisses SpiceJet Review Plea Against ₹144.51 Crore Deposit Order

Only High Courts Can Entertain Section 34 Challenges In International Arbitration: Madras High Court

Interim Arbitral Orders Cannot Be Enforced Separately Once Subsumed Into Final Award: Delhi High Court

Himachal Pradesh HC Refuses To Stay IIT Mandi's Campus School Agreement Termination With Learning Curve Trust

Dealer's Counter-Offer Not Consent: Allahabad HC Sets Aside HPCL Arbitrator Appointment

Mere Delay Or Inaction Does Not Amount To Abandonment Of Arbitration: Calcutta High Court

Conflicting Contractual Clauses Do Not Override A Clear Arbitration Agreement: Bombay High Court

Calcutta High Court Says Parties Can't Object To Kolkata Arbitration Venue After Failing To Do So Earlier

RERA

Karnataka RERA Orders BDA To Refund ₹11.46 Lakh Collected Despite Full Payment Before Cut-Off Date

COMPETITION LAW

Delhi High Court Declines To Examine Cartelisation Claims In Tender Dispute, Says Issue Falls Within CCI Domain

BANKING/NBFC

RBI Warns Public Against Misleading Campaigns Promising Loan Waivers

DEBT RECOVERY LAWS

Karnataka High Court Holds KPIDFE Act, Like MPID, Has Priority Over SARFAESI Claims

PMLA

Chhattisgarh High Court Upholds ED Attachment Of Properties Linked To Former IAS Officer In Coal Levy Scam