LiveLawBiz IBC Monthly Digest: February 2026

SUPREME COURTSingle Insolvency Petition Against Intrinsically Linked Real Estate Companies Maintainable: Supreme CourtCase Title : Satinder Singh Bhasin v. Col Gautam Mullick and Ors Case Number : Civil Appeal No.13628 of 2025 CITATION : 2026 LLBiz SC 37The Supreme Court on Monday upheld insolvency proceedings against two closely linked real estate companies, holding that a single insolvency petition can be maintained against multiple corporate entities under the...

LiveLawBiz Direct Tax Monthly Digest: February 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: Corporate Legal News Daily Round-Up: March 02, 2026

IBC Winding Up Petitions Transferred From High Court To NCLT Cannot Be Admitted Mechanically: NCLATNCLAT Holds Section 198 Cannot Be Used To Extend IBC Appeal Deadline, Rejects IBBI's 103-Day DelayIBBI Suspends Byju's Former Resolution Professional Pankaj Srivastava For Three YearsIBC Proceedings Cannot Become Evidentiary Trial: NCLT Kochi Refuses To Summon Corporate Debtor's LessorIPR Delhi High Court Grants Interim Injunction To GSK Against Zee Laboratories In 'PHEXIN'-'FEXIT' Trademark...

Indirect Tax Weekly Round-Up: February 23 - March 01, 2026

SUPREME COURTCBIC's 2024 Policy Barring Govt Appeals Below ₹2 Crore Covers Pending Cases, Not Merely Future Filings: Supreme CourtCase Title : COMMISSIONER OF COMMERCIAL TAX . & ORS. VS VIKARAM CEMENT Case Number : Civil Appeal No(s). 710/2012 CITATION : 2026 LLBiz SC 82Holding that the Centre's 2024 litigation policy applies even to pending appeals, the Supreme Court on February 5, 2026 dismissed appeals filed by the Commissioner of Commercial Tax against Vikaram Cement, ruling that the...

Direct Tax Weekly Round-Up: February 23 - March 01, 2026

SUPREME COURTSupreme Court Dismisses Revenue SLP Against Bombay HC Ruling On Tax Assessments Of Merged Reliance EntitiesCase Title : DEPUTY COMMISSIONER OF INCOME TAX 3 VS M/S RELIANCE INDUSTRIES LTD Case Number : Special Leave to Appeal (C) No(s). 7819/2026 CITATION : 2026 LLBiz SC 92The Supreme Court recently declined to entertain the Income Tax Department's Special Leave Petition against a Bombay High Court judgment that had quashed assessment orders passed in the names of Reliance...

LiveLawBiz Arbitration Weekly Digest: February 23 - February 28, 2026

Nominal Index BWL Limited (formerly Bhilai Wires Ltd.) v. Bharat Sanchar Nigam Limited, 2026 LLBiz SC 81Vedanta Limited (Cairn Oil and Gas Division) v. Gujarat State Petroleum Corporation Ltd., 2026 LLBiz SC 89Union of India & Ors. v. Larsen & Toubro Limited, 2026 LLBiz SC 97M/s Telexcell Information Systems Limited v. Tata Advanced Systems Limited, 2026 LLBiz HC (Del) 177Divya Ashish Jamwal v. India Yamaha Motor Pvt Ltd., 2026 LLBiz HC (Del) 189Geniemode Global Pvt. Ltd. v....

LiveLawBiz IPR Weekly Digest: February 22 - February 28, 2026

SUPREME COURTSupreme Court Stays Madras HC Order Reviving Sreedevi Video-Saregama Dispute Over Tamil Telugu Film MusicCase Title: Saregama India Ltd. v. Sreedevi Video Corporation & Ors. Case Number: SLP (C). 6950/2026The Supreme Court on Thursday stayed a Madras High Court order that had revived an injunction claim in a copyright dispute between SaReGaMa India Ltd and Sreedevi Video Corporation over the audio rights of iconic Tamil and Telegu films such as Sagara Sangamam, Salangai Oli and...

LiveLawBiz: Corporate Legal News Daily Round-Up: February 28, 2026

IBC NCLAT Upholds Insolvency Against Frost International, Says Bank Can't Be Faulted Over Unfiled PlanPre-Existing Dispute In Ledgers: NCLAT Dismisses Drive India's Insolvency Appeal Against EsslineNCLT Mumbai Admits CIRP Plea Against Baggit India Pvt Ltd Over ₹1.11 Crore Operational DebtIPR Bombay High Court Confirms Ad-Interim Relief For Jawed Habib In Trademark Dispute With Ex-FranchiseeDelhi High Court Orders Removal Of 'Accko' Trademark, Finds It Deceptively Similar to 'ACKO' BrandDelhi...

LiveLawBiz IBC Weekly Digest: February 22 To February 28

SUPREME COURTByju's CoC Moves Supreme Court After NCLAT Refuses Impleadment In GLAS Trust Removal PleaToday, the Committee of Creditors (CoC) of Byju's parent company Think & Learn Pvt Ltd, moved the Supreme Court challenging an order passed by the Chennai Bench of the National Company Law Appellate Tribunal (NCLAT) on 24 February 2026. On 24 February, the NCLAT had held that although the CoC may litigate in its own name under the IBC, it was not a necessary party to the plea seeking...

LiveLawBiz IPR Weekly Digest: February 22 - February 28, 2026

SUPREME COURTSupreme Court Stays Madras HC Order Reviving Sreedevi Video-Saregama Dispute Over Tamil Telugu Film MusicCase Title: Saregama India Ltd. v. Sreedevi Video Corporation & Ors. Case Number: SLP (C). 6950/2026The Supreme Court on Thursday stayed a Madras High Court order that had revived an injunction claim in a copyright dispute between SaReGaMa India Ltd and Sreedevi Video Corporation over the audio rights of iconic Tamil and Telegu films such as Sagara Sangamam, Salangai Oli and...

LiveLawBiz: Corporate Legal News Daily Round-Up: February 27, 2026

IBC Byju's Insolvency: Supreme Court Continues NCLAT's No Final Order Direction In Plea To Remove GLAS Trust From CoCCourts Must Remain Vigilant Against Expanding 'Narrow Boundaries' Of IBC Review: Supreme CourtNCLAT Replaces NCLT's Two-Week Deadline With 90 Days For Nobal Buildtech To Pay ₹90 Crore SettlementUnconverted OCDs Remain Financial Debt, NCLAT Upholds Insolvency Proceedings Against Arcturus DevelopersInsolvency Action Against Guarantor Inequitable When Arbitration Against Borrower Is...

LiveLawBiz: Corporate Legal News Daily Round-Up: February 26, 2026

IBC Byju's CoC Moves Supreme Court After NCLAT Refuses Impleadment In GLAS Trust Removal PleaSupreme Court Refuses To Frame Guidelines On Parallel Insolvency Against Borrower and GuarantorNCLAT Refuses To Condone Delay In Appeal; Limitation Starts From Pronouncement, Not UploadingIPRKerala High Court Restrains Former G-TEC Franchisee From Using GIO TECH MarkPurva Dhanashree Moves Delhi High Court Amid Trademark Dispute Over 'Vilasini Natyam'Jammu Court Grants Interim Relief To JioStar India,...