LiveLawBiz Direct Tax Weekly Round-Up: June 15 - June 21, 2026

SUPREME COURTSupreme Court Refuses To Entertain Plea For Creamy Layer In Income-Tax Exemption For Scheduled Tribes In North-East StatesCase Title : Ashwini Kumar Upadhyay v. Union of India Case Number : W.P.(C) No. 684/2026 Diary No. 32032 / 2026The Supreme Court on Tuesday declined to entertain a plea seeking the introduction of a "creamy layer" mechanism for the income-tax exemption granted to Scheduled Tribes residing in specified areas and States under the Income Tax Act, 2025. The...

LiveLawBiz: Corporate Legal News Daily Round-Up: June 20, 2026

IBCCoC Cannot Claim Net Gain From Subsequent Land Acquisition After Approving Resolution Plan: NCLT Mumbai Insolvency Against Personal Guarantor Maintainable Without CIRP Against Borrower: NCLT Kolkata NCLT Bengaluru Holds Bank Cannot Retain Title Deeds After Full Payment of Resolution Plan Dues Going Concern Sale Does Not Transfer Subsidiaries Outside Liquidation Estate: NCLAT NCLAT Upholds NCLT Order Asking CoC To Consider Prior Judicial Observations On RP Before Appointment Insolvency...

LiveLawBiz: Corporate Legal News Daily Round-Up: June 19, 2026

IBC NCLT Ahmedabad Admits CIRP Against JSW Subsidiary, Holds Guarantor Liability Co-extensive With BorrowerDirections To NCLT For Urgent Listing Of Plea Cannot Be Issued In Writ Jurisdiction: Delhi High CourtBare Production Of Guarantee Deed Without Commercial Nexus Cannot Establish Debt: NCLT MumbaiNCLT Mumbai Admits Paytm Parent's Insolvency Plea Against Gaming Company Fabzen Over ₹3.41 Crore DuesSettlement In Corporate Debtor's Liquidation Does Not Extinguish Personal Guarantee Obligations:...

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

IBC Collusion Allegations Alone Cannot Establish Fraudulent Insolvency Proceedings: NCLT ChandigarhNCLT Chandigarh Allows Liquidator To Initiate Execution Proceedings For Enhanced Land Acquisition CompensationNCLT Delhi Holds Homebuyers' Payments Are Financial Debt, Admits ₹137 Cr Plea In Raheja's Revanta ProjectNCLT Mumbai Admits Central Bank Of India's ₹44.68 Crore Insolvency Plea Against Deepak EducationTribunal Cannot Expand Asset Base After Approval of Resolution Plan Under Section 31: NCLT...

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

FEMA Madras High Court Dismisses Flipkart Founders' Review Plea Against FEMA ProceedingsIPR Madras High Court Temporarily Restrains Telugu Dub Release Of Drishyam 3 On OTT PlatformsBombay High Court Allows Preity Zinta To Pursue Suit Against Google, Meta Over AI DeepfakesBombay High Court Restraints Mas Pharmachem's 'BON K2 FORTE', Protects Integrace 'BON-K2' MarkBombay High Court Bars Use Of 'ZENOX' Mark, Holds It Infringes Glenmark's Registered 'ZINOX' TrademarkBombay High Court Cancels...

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

IBC Voizzit Moves SC Against HC Order Striking US Bankruptcy Trustee From Suit Claiming Interest In Byju'S US AssetsNCLT Chandigarh Admits Kokila Mining Section 9 Petition, Rejects Set-Off Defence By Tycoons IndustriesCorporate Debtor Cannot Be Sold As Going Concern After Omission Of Enabling Liquidation Provisions: NCLT KolkataIPR Delhi High Court Restrains Okaya Dealers From Circulating Defamatory Ads Against Microtek TrademarksDelhi High Court Protects DIZEST Trademark, Bars Use Of...

LiveLawBiz Indirect Tax Weekly Round-Up: June 08 - June 14, 2026

HIGH COURTSAllahabad HCResult Of Assessment Proceedings Has Bearing On Criminal Prosecution Under GST: Allahabad High CourtCase Title : Shakib Qureshi v. Anti Evasion Cgst and 2 others Case Number : CRIMINAL MISC. BAIL APPLICATION No. - 44278 of 2025 CITATION : 2026 LLBiz HC (ALL) 48The Allahabad High Court on 20 May held that the outcome of assessment proceedings can have a material bearing on criminal prosecution under the Goods and Services Tax (GST) regime. Justice Vikram D. Chauhan...

LiveLawBiz Direct Tax Weekly Round-Up: June 08 - June 14, 2026

HIGH COURTSKerala HCKerala HC Directs CIT To Reconsider Registration Of Trust From 2021, Examines CBDT Circular 7/2024Case Title : Atma Bodhodaya Sangham Sree Subhananda Trust v. Commissioner of Income Tax (Exemptions) Case Number : ITA No. 120 of 2025 CITATION : 2026 LLBiz HC(KER) 93On 4 June, the Kerala High Court directed the Commissioner of Income Tax (Exemptions) to reconsider a Atma Bodhodaya Sangham Sree Subhananda Trust's claim for registration under Section 12A of the Income Tax Act...

LiveLawBiz IPR Weekly Digest: June 08 - June 14, 2026

SUPREME COURTSupreme Court Permits Sale Of ₹40 Crore ELITO Battery Inventory, Partly Modifies Exide Trade Dress Injunction Case Title: Amara Raja Energy Mobility Ltd. v. Exide Industries Ltd.Case Number: PETITION(S) FOR SPECIAL LEAVE TO APPEAL (C) NO(S).18549/2026 Citation: 2026 LLBiz SC 225The Supreme Court has partly modified a Calcutta High Court injunction regarding a trade dress dispute between Exide Industries and Amara Raja Energy and Mobility. While the injunction against the trade dress...

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

PMLA Delhi Court Denies Bail To Ex-RCOM Executive Over Alleged Loan Fund Diversion Used To Acquire Yacht, Overseas ApartmentIPR Delhi HC Refuses to Reject Astral's Trademark Suit Against Astral Marketing Over Justdial Listing Accessible In DelhiGoogle Not Bound By Earlier Orders To Proactively Monitor Use Of DRS Logistics Marks In Ads: Delhi High CourtDelhi High Court Restrains Ex-Franchisee From Using Toni & Guy Brand Pending ArbitrationBombay High Court Upholds Interim Injunction On Use Of...

LiveLawBiz IBC Weekly Digest: June 8 - June 13, 2026

SUPREME COURT Can Litigants Circumvent IBC Limitation By Filing Defective Appeals? Supreme Court's Answer Is A Resounding 'No' Case Title : CA RAMCHANDRA DALLARAM CHOUDHARY VERSUS ADANI INFRASTRUCTURE AND DEVELOPERS PRIVATE LIMITED Case Number : D.No.5988/2026 CITATION : 2026 LLBiz SC 224The Supreme Court has recently held that litigants cannot circumvent the Insolvency and Bankruptcy Code's strict limitation regime by filing defective appeals to save the...

LiveLawBiz RERA Cases Weekly Digest: June 7 - June 13, 2026

Nominal IndexRunwal Constructions v. Bharat Shah & Ors. (Connected Matters), 2026 LLBiz HC (BOM) 310Bangalore Development Authority v. Union of India & Others, 2026 LLBiz HC (KAR) 79N.L. Ravi Shankar & Anr. v. The Registrar, TG Real Estate Regulatory Authority & Ors., 2026 LLBiz REAT (TS) 37M/s. Evos Buildcon Pvt. Ltd. v. Ms. Seema Mohapatra, 2026 LLBiz REAT (OD) 38Sanjeev Kumar Mishra v. Frontier Shelters Pvt. Ltd., 2026 LLBiz RERA (KA) 97Sushila Devi v. M/s Elan Limited, 2026...