LiveLawBiz Direct Tax Quarterly Digest: January - March, 2026

SUPREME COURTSupreme Court Dismisses Revenue Plea Against Gujarat HC Order Quashing Adani Wilmar Income Tax ReassessmentCase Title : THE ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE 1(1)(1) Vs ADANI WILMAR LIMITED Case Number : SLP(C) 4944/2026 CITATION : 2026 LLBiz SC 35The Supreme Court on Monday refused to interfere with a Gujarat High Court judgment that had quashed the reopening of Adani Wilmar Limited's income tax assessment for the 2013–14 assessment year, dismissing a special leave...

LiveLawBiz Arbitration Cases Quarterly Digest: January - March 2026

Supreme CourtDecrees Cannot Be Turned into “Paper Tigers” by Permitting Post-Award Property Transfers: Supreme CourtCase Title : R. Savithri Naidu v. The Cotton Corporation of India Ltd. & Anr.Case Number : Civil Appeal No. 1602/2026 [Special Leave Petition (Civil) No. 19779 of 2024]Citation : 2026 LLBiz SC 66The Supreme Court has reaffirmed that a person who purchases disputed property after the passing of an arbitral award cannot obstruct its attachment in execution proceedings. A Bench of...

LiveLawBiz: Corporate Legal News Daily Round-Up: April 03, 2026

IBC Satinder Singh Bhasin Could Not Use IBC Limitation To Shield ₹50 Crore Bail Deposit From BIIPL: Supreme CourtNCLT Ahmedabad Keeps MAHAGENCO's Termination Of Gensol's ₹292.5 Crore EPC Contract Inoperative During CIRPJudicial Custody Of Appellant No Ground To Extend IBC Limitation: NCLAT In Alps Leisure LiquidationSupreme Court Dismisses BCCI Review Against Order Setting Aside NCLAT Decision Closing Byju's CIRPIPRDelhi High Court Injuncts 'HALESAGA' Mark, Finds It Similar To Saga Lifesciences'...

LiveLawBiz RERA Cases Quarterly Digest: January - March 2026

Amendment Proposal Introduced in Lok SabhaCentre Proposes Penalty Instead Of 1 Year Jail For Allottees Violating RERA Appellate Tribunal Orders The Jan Vishwas (Amendment of Provisions) Bill, 2026, has been introduced in the Lok Sabha as part of a broader legislative push to decriminalise offences and rationalise penalties across a range of laws. One of the changes relates to the Real Estate (Regulation and Development) Act, 2016. Section 68 of the Act currently allows for imprisonment of up to...

LiveLawBiz IPR Quarterly Digest: January - March, 2026

Supreme Court Reserves Verdict In Filmmaker Sujoy Ghosh's Plea To Quash Copyright Case Over Film Kahaani 2Case Title: Sujoy Ghosh vs State of Jharkhand & Ors Case Number: SLP (Crl) 9452/2025The Supreme Court on Tuesday reserved its judgment in a plea filed by filmmaker Sujoy Ghosh seeking the quashing of criminal proceedings alleging copyright infringement in connection with the film Kahaani 2, which was declined by the Jharkhand High Court. A bench of Justices Pamidighantam Sri Narasimha...

LiveLawBiz: Corporate Legal News Daily Round-Up: April 02, 2026

COMPANY LAW NCLT Ahmedabad Sanctions Fast-Track Amalgamation Of Adani Harbour Services With Adani PortsNCLT Chennai Sanctions Cultfit Group Restructuring SchemeSupreme Court Grants Pre-Arrest Bail To SRS Finance Director Ankit Sachdeva In Fraud Case, Issues Notice To SFIOImpleadment Not Allowed Without Pleadings Or Relief Against Proposed Parties: NCLT KochiNCLT Ahmedabad Dispenses With Shareholder, Creditor Meetings In Alkem Medtech Ortho–Alkem Medtech AmalgamationRestoring Struck-Off Company...

LiveLawBiz IBC Quarterly Digest: January - March 2026

SUPREME COURTPromise To Arrange Funds In Case of Default Does Not Make Promoter A Guarantor: Supreme CourtCase Title: UV Asset Reconstruction Company Limited v. Electrosteel Castings Limited Citation: 2026 LLBiz SC 3 Case Number: Civil Appeal No. 9701 of 2024The Supreme Court of India has held that a promoter's promise to arrange funds to help a borrower meet financial covenants does not amount to a contract of guarantee under the Indian Contract Act and cannot be used to fasten...

LiveLawBiz: Corporate Legal News Daily Round-Up: April 01, 2026

COMPETITION LAW CCI Directs Investigation Against Venkateshwara Hatcheries Group, Finds Prima Facie Vertical RestraintsCOMPANY LAW NCLT Ahmedabad Sanctions Amalgamation Of Global CNC With Windsor MachinesNCLT Ahmedabad Directs Equity Shareholder Meetings For J.B. Chemicals-Torrent Pharmaceuticals MergerNCLT Ahmedabad Sanctions Amalgamation Of Penna Cement Into Ambuja CementsIBC IBBI Mandates International Valuation Standards for All IBC ValuationsSCC's Role In Liquidation Only Consultative,...

LiveLawBiz IPR Monthly Digest: March, 2026

SUPREME COURTSupreme Court Reserves Verdict In Filmmaker Sujoy Ghosh's Plea To Quash Copyright Case Over Film Kahaani 2Case Title: Sujoy Ghosh vs State of Jharkhand & Ors Case Number: SLP (Crl) 9452/2025The Supreme Court on Tuesday reserved its judgment in a plea filed by filmmaker Sujoy Ghosh seeking the quashing of criminal proceedings alleging copyright infringement in connection with the film Kahaani 2, which was declined by the Jharkhand High Court. A bench of Justices Pamidighantam Sri...

LiveLawBiz Indirect Tax Monthly Digest: March 2026

SUPREME COURTFox Mandal & Company Takes ₹3.9 Crore Service Tax Dispute To Supreme CourtCase Title : Fox Mandal And Company vs Commissioner Case Number : Diary No. 3350 of 2026Fox Mandal & Company has moved the Supreme Court against a CESTAT order in a service tax case involving demands of about ₹3.9 crore against the law firm. A bench of Justices Pamidighantam Sri Narasimha and Alok Aradhe will hear the special leave petition on April 6 after the petitioner's counsel sought time to...

LiveLawBiz Company Law Monthly Digest: March 2026

SUPREME COURTSupreme Court Refuses To Interfere With ₹1,950 Crore NSEL Settlement For Traders Hit By 2013 DefaultCase Title : LJ Tanna Enterprises vs National Spot Exchange Ltd Case Number : C.A. 1485/2026 Citation : 2026 LLBiz SC 101The Supreme Court has refused to interfere with the approval of a Rs 1,950-crore settlement scheme for traders affected by the 2013 default at National Spot Exchange Ltd (NSEL), dismissing an appeal challenging orders of the NCLT and the NCLAT that had cleared...

LiveLawBiz RERA Cases Monthly Digest: March 2026

Amendment Proposal Introduced in Lok SabhaCentre Proposes Penalty Instead Of 1 Year Jail For Allottees Violating RERA Appellate Tribunal Orders The Jan Vishwas (Amendment of Provisions) Bill, 2026, has been introduced in the Lok Sabha as part of a broader legislative push to decriminalise offences and rationalise penalties across a range of laws. One of the changes relates to the Real Estate (Regulation and Development) Act, 2016. Section 68 of the Act currently allows for imprisonment of up to...