LiveLawBiz: Corporate Legal News Daily Round-Up: July 11, 2026

IBC NCLT Delhi Says Transfer Plea Cannot Be Allowed 'At Mere Asking,' Dismisses Ex-Promoter's ApplicationNCLT Admits Insolvency Plea Against The Moms Co. Parent Over ₹1.32 Crore DuesNCLT Delhi Admits CIRP Plea, Holds Advance Paid For Unsupplied Goods Qualifies As Operational DebtCompanies Act, DPDP Act Cannot Fasten Liability On Third-Party Cloud Service Provider Under IBC: NCLT BengaluruNCLT Mumbai Approves SAB Events Revival Plan, Grants First-Motion Relief For Merger With Sri Adhikari...

LiveLawBiz: Corporate Legal News Daily Round-Up: July 10, 2026

IBC NCLT Kochi Says CoC Cannot Cripple Insolvency Process By Refusing To Fund Essential CIRP CostsNCLT Mumbai Dismisses Insolvency Plea Against Shapoorji PallonjiNCLT Bengaluru Issues Notice To Ola Electric Technologies In ₹9.57 Crore Insolvency PleaAppeal Against Deferred Intervention Application In Insolvency Case Not Maintainable: NCLAT ChennaiNCLAT New Delhi Expunges Remarks Against Mahavir Medicare RP, Clarifies RP's Independent IBC DutySuit Filed During IBC Interim Moratorium Attracts...

LiveLawBiz: Corporate Legal News Daily Round-Up: July 09, 2026

BANKING/NBFC Bombay High Court Quashes BOI's Fraud Tag Against Future Lifestyle, Promoters Kishore Biyani, Rakesh BiyaniRajasthan High Court To Decide If Police Can Levy Fees On Banks For SARFAESI Possession AssistanceRBI's Bank Amalgamation Scheme Doesn't Override Landlord's Rights Under Delhi Rent Control Act: Supreme CourtCivil Courts Can't Grant Interim Relief Against SARFAESI Proceedings Despite Suit Being Maintainable: Kerala High CourtSupreme Court Sets Aside Delhi HC Ruling That PNB-HCB...

LiveLawBiz: Corporate Legal News Daily Round-Up: July 08, 2026

IBC NCLT Mumbai Sets Aside MIDC's Cancellation Of Plot Allotments To Jet Airways, Directs Lease ExecutionNCLT Mumbai Rejects ₹4.43 Cr Section 9 Plea, Holds Pre Existing Dispute Over Part Of Debt SufficientNCLT Ahmedabad Holds Mere Breach Claims Cannot Defeat CIRP, Admits ₹2.02 Cr. Plea Against Mehsana DairyDirector's Resignation Did Not Discharge His Liability Under Deed Of Guarantee In Technofab Case: NCLATNCLT Kochi Rejects Insolvency Plea Against BPL, Finds It Was Attempt To Recover Arbitral...

LiveLawBiz: Corporate Legal News Daily Round-Up: July 07, 2026

COMPETITION LAW CCI Closes Antitrust Complaint Against Nissan Over Dealership TerminationIBC 'Shylockian System' Of Lending Cannot Be Permitted To Misuse IBC For Debt Recovery: NCLT Kochi'Endless Indulgence' Under Guise Of Resolution Defeats IBC's Purpose: NCLATIBC Claim Requires Crystallised Right To "Payment," Not Mere Right To "Performance": NCLT KolkataOrder Passed On Mistaken Facts Cannot Be Basis For Contempt: NCLATCOVID Extension Does Not Waive Interest On Delayed Liquidation Payments:...

LiveLawBiz: Corporate Legal News Daily Round-Up: July 06, 2026

IBC Continuation Of CIRP By Sole Creditor Despite Full Repayment Is Malicious Use Of IBC: NCLAT DelhiCreditors Cannot Question RP's Information Requests During Claim Verification: NCLAT New DelhiOTS Breach Revives Original Loan Liability; Creditor Can Recover Full Dues: NCLAT New DelhiNCLT Mumbai Admits Bank Of Maharashtra's CIRP Plea Against DNR India Autotech Over ₹17.98 Crore DefaultNCLT Mumbai Orders Restoration of Pledged Shares, Holds Their Invocation During CIRP Moratorium...

LiveLawBiz IPR Weekly Digest: June 29 - July 05, 2026

HIGH COURTSDELHI HIGH COURTDelhi High Court Orders Itel, Infinix, Tecno Phones' Maker to Deposit Pro Tem Security In InterDigital Patent Suit Case Title: InterDigital Patent Holdings v. Shenzhen Transsion Holdings Case Number: Not provided in source Citation: Not provided in source On July 1, the Delhi High Court directed Shenzhen Transsion Holdings, the maker of Itel, Infinix, and Tecno smartphones, to deposit pro tem security with the Registrar General. Justice Tushar Rao Gedela passed the...

LiveLawBiz Indirect Tax Weekly Round-Up: June 29 - July 05, 2026

HIGH COURTSAllahabad HCTransit State Lacks Jurisdiction To Levy GST Penalty Without Taxable Transaction: Allahabad High CourtCase Title : Maruti Enterprises v. State of U.P. and another Case Number : WRIT TAX No. - 1423 of 2026 CITATION : 2026 LLBiz HC (ALL) 51The Allahabad High Court has held that a State through which goods merely transit cannot invoke Section 129 of the Central Goods and Services Tax Act, 2017, to detain goods and levy penalty for the absence of an e-tax invoice where no...

LiveLawBiz Direct Tax Weekly Round-Up: June 29 - July 05, 2026

HIGH COURTSBombay HCBombay High Court Sets Aside ITAT Order For Failing To Decide Challenge To Faceless Assessment ProcedureCase Title : Accost Media LLP v. Deputy Commissioner of Income Tax, Circle 27(1), Navi Mumbai & Connected Appeal Case Number : Income Tax Appeal No. 753 of 2025 with Income Tax Appeal (L) No. 25904 of 2025 CITATION : 2026 LLBiz HC(BOM) 360The Bombay High Court has recently set aside an order of the Income Tax Appellate Tribunal (ITAT), holding that the tribunal...

LiveLawBiz IBC Weekly Digest: June 29 - July 5, 2026

SUPREME COURT Supreme Court Likens AI Hallucinations To Gas Behind Bhopal Gas Tragedy, Sets Aside CIRP Orders Over Fake Case Law Case Title : POOJA RAMESH SINGH Versus JAMMU AND KASHMIR BANK LTD AND ANR. Case Number : C.A. No. 11950/2025Comparing fake AI-generated legal material to the release of methyl isocyanate (the gas behind the Bhopal gas tragedy), the Supreme Court on Thursday warned that artificial intelligence could become "invisible, insidious, catastrophic" if...

LiveLawBiz RERA Cases Weekly Digest: June 29 - July 5, 2026

Nominal IndexMacrotech Developers Ltd. v. Suryakant Yashwant Jadhav & Ors., 2026 LLBiz HC(BOM) 358 Emaar India Limited v. Poonam Goel & Ors. and connected matters, 2026 LLBiz REAT(HR) 41 Anil Kumar Kurra v. M/s Adarsh Nivas Pvt. Ltd., 2026 LLBiz RERA(KA) 113 Madhu Mishra v. M/s Redbrick Infrabuild Pvt. Ltd., 2026 LLBiz RERA(BR) 112 Gopishetty Sreenivas v. M/s Suchirindia Infratech Private Limited & Ors., 2026 LLBiz RERA(TS) 114High CourtBombay High CourtPromoter Cannot Use Grace...

LiveLawBiz Arbitration Cases Weekly Digest: June 29 - July 5, 2026

Nominal IndexTBEA Energy India Private Limited v. M/s Bharat Heavy Electricals Limited & M/s Bharat Heavy Electricals Limited v. TBEA Energy (India) Private Limited, 2026 LLBiz HC(DEL) 671 Indiacan Education Private Limited v. Ministry of Rural Development & Ors., 2026 LLBiz HC(DEL) 670 South Eastern Railway v. Sara International Pvt. Ltd., 2026 LLBiz HC(DEL) 667 India International Convention and Exhibition Centre Limited v. Larsen & Toubro Limited, 2026 LLBiz HC(DEL) 664 Chirag...