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

PMLA

West Bengal Coal Scam Case: Supreme Court Seeks Anup Majee's Reply In ED Plea Against Anticipatory Bail

ED Moves Supreme Court Against Refusal To Defer Order On Charge In Jindal Steel-Linked Coal Block Case

FEMA

SAFEMA Appellate Tribunal Cuts BPL, Ex-MD Penalties To ₹10L, ₹1L In ₹4.9 Crore FEMA Violation Case

SECURITIES LAW

SEBI Orders Former Religare Chair Rashmi Saluja To Disgorge ₹1.99 Crore In Insider Trading Case

SEBI Proposes Allowing Municipalities To Refinance Existing Debt Through Bond Issuances

SEBI Proposes Wider Use Of Mutual Fund Intraday Borrowings Beyond Redemption Payout Needs

SEBI Proposes Higher Client Position Limits For Agricultural Commodity Derivatives

SEBI Proposes Phased Physical Settlement For Select Agricultural Commodity Derivatives Contracts

IPR

Delhi High Court Grants Zee Temporary Relief Against JioStar In Copyright Suit, Refers Parties To Mediation

IBC

NCLT Mumbai Admits Canara Bank's Insolvency Plea Against Supreme Housing Over ₹567 Crore Default

Company That Mortgaged Its Property For SBI Loan Of Corporate Debtor Cannot Be Treated As Financial Creditor: NCLAT

NCLT Chennai Orders Liquidation Of ARS Energy After CoC Fails To Approve Resolution Plan

NCLT Delhi Allows Withdrawal Of Nobility Estates CIRP, Restores Management Control To Board

Creditors Can Recover Unpaid Dues From Personal Guarantor Despite Partial Recovery Under Resolution Plan: NCLAT

TAX

Supreme Court Requests Early Delhi HC Hearing In Pernod Ricard's ₹3,000 Crore Customs Duty Dispute

Computer Cabinet Cases Are Not Incomplete Computers; CESTAT Allahabad Quashes Customs Action Against Importer

Centre Raises Gold, Silver Import Duty To 15% From 6% Effective Today

Cash Deposits From Recorded Sales Cannot Be Taxed Again As Unexplained: ITAT Mumbai

Genuine Sales Bar Full Disallowance Of Purchases From Entry Provider: ITAT Mumbai

Fixed Share Of Gross Receipts Paid To AOP Member Was Taxable Revenue Income, Not Exempt Profit: Supreme Court

COMPANY LAW

NCLT Mumbai Directs Piramal Finance Shareholder Vote On Merger Of Three Subsidiaries Into It

Bombay High Court Pulls Up Petitioner Over Plea To Stay Sir Ratan Tata Trust Board Meeting, Petition Withdrawn

NCLT Chennai Dismisses Oppression Plea Against Aum Consultancy, Calls Dispute Contractual

NCLAT Rejects Dissenting Creditors' Challenge To NSEL Scheme Clauses On Broker Liability, Claims Assignment

NCLT Mumbai Allows First Motion Plea In Vidarbha Industries-Adani Power Merger

ARBITRATION

Delhi High Court Upholds Licence Fee In Goyal MG Gases Dispute, Says Conduct Affirms Contract

Delhi Metro Phase-III Project: Delhi High Court Upholds Arbitral Award Against DMRC Over ₹3.47 Crore ECC Claim

Delhi HC Sets Aside ₹2.43 Crore Award In NTPC-Tarapore Dispute Over Serving NTPC Officials As Arbitrators

COMPETITION LAW

CCI Approves Thriveni Earthmovers' Stake Purchase In Lloyds Engineering, Three-Entity Merger

CCI Approves Adani Power's Proposed Acquisition Of GVK Energy Under IBC Resolution Process

RERA

Telangana REAT Upholds ₹11 Lakh Penalty On Builder For Using Sale Agreement Different From RERA-Uploaded Draft