LiveLawBiz: Corporate Legal News Daily Round-Up: May 18, 2026

TAX

Supreme Court Issues Notice On IT Dept. Appeal Over Relief To Vedanta For TDS Default On Non-Resident Payments

Supreme Court Grants Bail To Future Maker Directors In Rs 54.77 Crore Service Tax Evasion Case

CESTAT Hyderabad Sets Aside Reclassification Of Jasmine Biotechnologies' Bio-Fertiliser Imports As Insecticides

CESTAT Kolkata Sets Aside Confiscation Of Genuine Shoe Imports Found With Counterfeit PUMA, Converse Goods

No Rectification For Debatable Points Under Section 254(2) Of Income Tax Act: Allahabad High Court

IPR

Delhi High Court Restrains Unauthorised Use Of 'Bachpan Ka Pyar' Hook Line, Seeks Revenue Details From YouTubers

Delhi High Court Sets Aside Rejection Of JFE Steel's Patent For Electrical Steel Sheet Manufacturing Method

Delhi High Court Sets Aside Royalty Order Against DVD Makers Over Philips' DVD Decoding Patent

Delhi High Court Orders Takedown Of Pirated Copies Of Sanjay Dutt-Starrer Aakhri Sawal

Delhi High Court Declares GSK's Calpol A Well-Known Trademark For Pharma Products

IBC

NCLT Ahmedabad Remits Button Industries Resolution Plan To CoC Over Demerger Uncertainty, Cost Ambiguity

NCLT Ahmedabad Admits Section 95 Petition Against Sonali Exim Guarantor Over Siemens ₹5 Cr Default

NCLT Delhi Admits Cedar Hospitality Into CIRP, Holds Borrower's OTS Extends Limitation

COMPANY LAW

NCLT Mumbai Rejects Ex-SNVG Logistics Director's Plea Claiming Forced Share Transfer And Oppression

Treating Returns Of Allotment Penalty Provision To Exclude Adjudicating Officer's Discretion Unconstitutional: Bombay HC

Andhra Pradesh High Court Dismisses BGR Energy Appeal, Rules Solvency Cannot Defeat Winding-Up Petition

NCLT Bengaluru Sanctions Amalgamation Scheme Of Wholly Owned Subsidiaries Into Kirloskar Electric

NCLT Bengaluru Clears First Motion In Jigsaw Academy-Unext Learning Merger

ARBITRATION

Private Arbitration Cannot Override Statutory Labour Adjudication: Madras High Court

Punjab & Haryana HC Grants Landowners 2013 Act Interest Over Arbitrator Award In Land Acquisition For Highway

MSME Pre-Deposit Non-Compliance Not Automatic Bar To Restoring Section 34 Petition: Calcutta High Court

Calcutta High Court Says IDFC First Bank Lost Right To Seek Arbitration After Waiting 11 Months In Loan Suit

Arbitration Case-Management Orders Are Not Open To Section 34 Challenge: Delhi High Court

Calcutta High Court Refuses Arbitral Award Enforcement Over Indirect Unilateral Arbitrator Appointment

RERA

Delhi HC Upholds ₹18 Lakh Refund To Homebuyers, Says Builder Coerced Buyers Into Full And Final Settlement

Maharashtra REAT Bars RERA Relief For Rehabilitation Flat Disputes In Redevelopment Projects

U.P. RERA Makes No-Lien Project Accounts Mandatory In Revised Bank Account Directions

BANKING/NBFC

RBI Appoints Gunveer Singh As Executive Director To Head Payment And Settlement Systems

DEBT RECOVERY LAWS

Mortgage Suit Transferred From Civil Court To DRT Does Not Become Money Recovery Proceeding: Calcutta High Court