LiveLawBiz: Corporate Legal News Daily Round-Up: May 30, 2026

SECURITIES LAW

Supreme Court Sets Up Ex-CJ-Led Committee To Resolve Claims In Alleged Sai Prakash Fraud Cases

DEBT RECOVERY LAWS

Supreme Court Says Criminal Prosecution After DRT-Recorded Loan Settlement Was Abuse of Process

IPR

Telangana School Agrees To Drop 'Vasant Valley' Name In Trademark Suit Filed By Delhi School

Delhi HC Restrains Further Publication Of Content Branding 'Dubai Bling' Star Satish Sanpal A 'Fraudster,' 'Satta King'

Delhi HC Orders Restoration Of Kamdhenu Idol Listings On Amazon, Restrains Repeated Takedown Complaints

Delhi Court Dismisses Louis Vuitton Trademark Infringement Suit Against Karol Bagh Traders

Delhi Court Grants Relaxo Permanent Injunction After Manufacturer Undertakes Not To Use Its Trademarks

"Extremely Despicable": Bombay HC Orders Police Action Over Assault On Receiver During Counterfeit Goods Raid

IBC

SRA Who Failed To Implement Resolution Plan Not Necessary Party To Liquidation Proceedings: NCLAT

Commercial Court Decree Does Not Give Creditor 'Superior Status' In Liquidation Waterfall: NCLT Bengaluru

NCLAT Upholds CIRP Against Parsvnath Developers, Finds Debt And Default Proved Despite Settlement Efforts

Asset Joins Liquidation Estate If Creditor Fails To Act Within 30 Days Of Liquidation Commencement: NCLT Mumbai

NCLAT Upholds Eviction Of Suspended Directors' Family From Insolvent Company-Owned Hotel, Says MoU, Award Collusive

NCLAT Says GNIDA's Challenge To Swati Health Resolution Plan Barred By Res Judicata, Imposes ₹1 Lakh Cost

No Deed Of Guarantee Or Invocation On Record: NCLAT Sets Aside Insolvency Order Against Alleged Personal Guarantor

NCLAT Upholds Insolvency Proceedings Against Rana Kapoor-Linked Bliss Abode and Bliss House

TAX

CESTAT Chennai Backs Load-Port CE Certificate Over Local CE Report, Restores Declared Import Value

CESTAT Delhi Sets Aside ₹22.59 Lakh CENVAT Credit Demand Against Honda Motorcycle Over Manufacturing Waste, Scrap

COMPANY LAW

Resigned Director Cannot Claim Oppression Solely On Ground Of Subsequent Board Changes: NCLT Kolkata

Telangana HC Quashes EPF Default Case Against Company's MD, Says Designation Alone Insufficient

ARBITRATION

Arbitrator Appointment By Agreed Arbitral Institution Cannot Be Treated As Unilateral: Rajasthan High Court

Fraud Findings Cannot Rest On Conjectures: Delhi HC Partly Sets Aside Order Against BRH Wealth Kreators

Pending Suit Dispute Could Be Referred To Arbitration Only Through Court Under 1940 Act: Supreme Court

J&K and Ladakh High Court Dismisses Union's Challenge to Award In Army Northern Command Accommodation Project Dispute

Arbitration Clause in Tax Invoices Can Bind Parties if Accepted Through Conduct: Allahabad High Court

RERA

RERA Act Contains No Provision To Appoint Receiver For Sale Of Unsold Flats: Tamil Nadu RERA

BANKING/NBFC

RBI Imposes ₹3.1 Lakh Penalty on CreditAccess Grameen Over KYC Violations

PMLA

Delhi High Court Grants Bail To Ex-Best Foods MD Dinesh Gupta In ₹1,740 Crore PMLA Case