LiveLawBiz IBC Weekly Digest: July 13 - July 18, 2026

SUPREME COURT Pre-2016 DRT Recovery Certificate Cannot Trigger Insolvency Under Presidency Towns Insolvency Act: Supreme Court Case Title : H.D.F.C. BANK LIMITED VERSUS KISHORE K. MEHTA (DEAD) THR. LRS. Case Number : CIVIL APPEAL NO. 4211 OF 2010 CITATION : 2026 LLBiz SC 234The Supreme Court on Monday held that a recovery certificate issued by a Debt Recovery Tribunal (DRT) before the 2016 amendment to the Recovery of Debts and Bankruptcy Act cannot be treated as a decree or order for...

LiveLawBiz: Corporate Legal News Daily Round-Up: July 17, 2026

SECURITIES LAW SEBI Cautions Listed Companies, Regulated Entities Against 'Boss Scam'SEBI Extends SWP, STP Standing Instruction Facility To Mutual Fund Units Held In Demat FormNippon India AIF Entities Settle SEBI Case Over Alleged AIF Regulations ViolationsIBC NCLT Amaravati Admits Insolvency Plea Against KGOC Terminals, Says Pre-COVID Loan Default Not ProtectedCoC-Approved Valuation Cannot Be Reopened At Instance Of Suspended Director: NCLAT New DelhiNCLT Delhi Rejects Kalka Home Developers...

LiveLawBiz: Corporate Legal News Daily Round-Up: July 16, 2026

IBC NCLT Mumbai Dismisses Insolvency Plea Against Ganesh Benzoplast Over Disputed Corporate GuaranteeNCLT Mumbai Dissolves BSE Institute of Research Development & Innovation After Voluntary LiquidationNCLT Delhi Admits CIRP Against Prodot Media, Holds Guarantee Liability Survives Borrower's Resolution PlanNCLT Delhi Admits CIRP Against Regal Enterprises, Rejects Solvency Claim Without EvidenceIBBI Chairperson Cannot Act As Disciplinary Committee Under IBC: Calcutta High CourtIBC Does Not...

LiveLawBiz IPR Weekly Digest: July 06 - July 12, 2026

HIGH COURTSDELHI HIGH COURT'How Far Can Personality Rights Be Stretched?' Delhi High Court Questions Salman Khan's Bid To Stall 'Kala Hiran' Case Title: Salman Khan v. Ashok Kumar/John Doe & Ors.Case Number: CS(COMM) - 1322/2025On July 6, Justice Jyoti Singh questioned the breadth of personality rights claims, specifically whether they could be used to stall the promotional content of a film titled Kala Hiran: The Battle for Legacy. The court asked for clarity on the extent to which such...

LiveLawBiz: Corporate Legal News Daily Round-Up: July 15, 2026

IBC Liquidator's Sale Of Corporate Debtor's Shell Entity Valid After Creditor Consultation: NCLAT New DelhiIBC Cannot Be Used to Validate Illegal Constructions Or Defeat Town Planning Laws: NCLATArticle 227 Cannot Be Used To Bypass NCLAT Remedy Against NCLT Orders: Kerala High CourtIPR Delhi High Court Refers SOCIAL HOUSE-SOCIAL Trademark Row To MediationDelhi High Court Allows L'Oreal To Amend 'Garnier Bright Complete' Suit To Add Trademark Infringement PleaDelhi High Court Cancels 'ZORA'...

LiveLawBiz: Corporate Legal News Daily Round-Up: July 14, 2026

IBC NCLT Records Highest-Ever First-Quarter Performance Under IBC, Approves 78 Resolution PlansNCLAT New Delhi Upholds CIRP Against Simbhaoli Sugar, Holds Farmers' Claims Must Be ConsideredAcknowledged Interest On ICDs Forms Part Of Financial Debt Under IBC: NCLAT New DelhiTAX Supreme Court Upholds Inclusion Of Royalty, DMF, NMET In Average Sale Price For Determining Iron Ore RoyaltyCustoms Duty Exemption Available For ELISA Kits Cannot Be Claimed By Individual Components: CESTAT DelhiCustoms...

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

IBCSupreme Court Upholds RBI Scheme For Merger Of PMC Bank With Unity Small Finance Bank Delayed Homebuyer Claim Cannot Be Rejected When RP Failed To Verify Records: NCLAT New Delhi Equity Investment Without Repayment Obligation Does Not Qualify As Financial Debt: NCLAT New Delhi CIRP Not Maintainable Against Company Struck Off From Register: NCLT Mumbai Pre-2016 DRT Recovery Certificate Cannot Trigger Insolvency Under Presidency Towns Insolvency Act: Supreme Court TAXCESTAT Delhi Allows Shriram...

LiveLawBiz Indirect Tax Weekly Round-Up: July 06 - July 12, 2026

HIGH COURTSAndhra Pradesh HCAP High Court Sets Aside VAT Orders On ISRO's Satish Dhawan Space Centre, Flags National InterestCase Title : Satish Dhawan Space Centre Shar v. The State of AP Case Number : WRIT PETITION NO: 6971/2026 CITATION : 2026 LLBiz HC(APH) 44The Andhra Pradesh High Court on 22 June set aside VAT assessment orders passed against Satish Dhawan Space Centre SHAR, a unit of the Indian Space Research Organisation, holding that an improper tax burden on an institution engaged...

LiveLawBiz Direct Tax Weekly Round-Up: July 06 - July 12, 2026

HIGH COURTSGujarat HCGujarat HC Holds Reassessment Notice Cannot Be Challenged After Assessment Order, Directs Appeal RemedyCase Title : Jitendra Shankarlal Mistri v. Income Tax Officer, Ward-1 & Anr. Case Number : R/Special Civil Application No. 7485 of 2026 (with connected matters) CITATION : 2026 LLBiz HC(GUJ)87The Gujarat High Court on 29 June held that a reassessment notice cannot be challenged through a writ petition after reassessment proceedings have culminated in an assessment...

LiveLawBiz RERA Cases Weekly Digest: July 6 - July 11, 2026

NOMINAL INDEXIbrahim Babubhai Chokiya & Ors. v. M/s Westinrely Developers Pvt. Ltd. & Ors., 2026 LLBiz HC(BOM) 377M.P. Real Estate Regulatory Authority v. Shankar Ji Maharaj Trust, 2026 LLBiz HC(MP) 51St. Patricks Realty Private Limited v. Neha Prasad & Ors. and Connected Appeals, 2026 LLBiz REAT(HR) 42Gurcharan Kaur & Another v. Dheeraj Sharma, 2026 LLBiz RERA(PB) 115Anish Charudatta Galgate & Anr. v. Rejoice Homes LLP & Ors., 2026 LLBiz RERA(MH) 116High CourtsBombay...

LiveLawBiz Arbitration Cases Weekly Digest: July 6 - July 11, 2026

NOMINAL INDEXNCC Limited v. Airport Authority of India, 2026 LLBiz HC(DEL) 695Union of India v. M/s ISC-YUG (JV) & Anr. (Connected Matters), 2026 LLBiz HC(DEL) 686 Vinay Mawandia v. Bimal Mawandia & Anr., 2026 LLBiz HC(DEL) 684 Shriram Pistons & Rings Ltd. v. Usha International Ltd., 2026 LLBiz HC(DEL) 680 JPC Infrastructure and Constructions Private Limited v. Alstom Transport India Limited, 2026 LLBiz HC(DEL) 679 D.V. Anand v. Hindustan Petroleum Corporation Ltd., 2026 LLBiz...

LiveLawBiz IBC Weekly Digest: July 6 - July 11, 2026

HIGH COURT Suit Filed During IBC Interim Moratorium Attracts Rejection Of Plaint Provision Under CPC: Calcutta High Court Case Title : Ambootia Tea Exports Private Limited & Ors. Vs. Sri Rani Sati Abasan Private Limited Case Number : AD COM 3 of 2026 CITATION : 2026 LLBiz HC (CAL) 167The Calcutta High Court has held that a court cannot entertain a suit instituted during the operation of an interim moratorium under the Insolvency and Bankruptcy Code where the statutory bar applies. It...