LiveLawBiz Direct Tax Monthly Digest: May 2026

SUPREME COURTSupreme Court Dismisses Income Tax Appeal Against IDBI Bank Over Delay Of 275 DaysCase Title : DEPUTY COMMISSIONER OF INCOME TAX AND ORS. Versus IDBI BANK LTD Case Number : Diary No. 19495-2026The Supreme Court on Monday dismissed the Income Tax Department's plea against IDBI Bank Ltd over a 275-day delay, refusing to interfere with the Bombay High Court's decision quashing reassessment proceedings for AY 2016-17. The High Court, in its order dated March 24, 2025 held that the...

LiveLawBiz IBC Monthly Digest: May 2026

SUPREME COURT SBI Back In Reliance Infratel CoC As Supreme Court Sets Aside NCLAT Order Excluding Consortium Lenders Case Title : STATE BANK OF INDIA AND ORS. Versus DOHA BANK Q.P.S.C. AND ANR Case Number : C.A. No. 8527/2022The Supreme Court of India has allowed the appeal filed by the State Bank of India against an October 14, 2022 order of the National Company Law Appellate Tribunal, which had upheld the exclusion of SBI and other lenders from the Committee of...

LiveLawBiz Indirect Tax Weekly Round-Up: May 25 - May 31, 2026

SUPREME COURTReliance Industries' n-Hexane Import Cannot Be Classified As Motor Spirit Merely For Low Flash Point: Supreme CourtCase Title : Commissioner of Customs, Kandla, Gujarat v. M/s Reliance Industries Limited Case Number : CIVIL APPEAL NO. 569 OF 2012 CITATION : 2026 LLBiz SC 199The Supreme Court has ruled in favour of Reliance Industries Ltd. in its long-running customs classification dispute, holding that imported n-Hexane cannot be treated as motor spirit merely because its flash...

LiveLawBiz Direct Tax Weekly Round-Up: May 25 - May 31, 2026

SUPREME COURTSupreme Court Refuses To Interfere With Relief To Karnataka Bank In HTM Investment Income Tax DisputeCase Title : THE PR. COMMISSIONER OF INCOME TAX & ANR. VERSUS M/S KARNATAKA BANK LTD. Case Number : Petition(s) for Special Leave to Appeal (C) No(s). 18972/2026 CITATION : 2026 LLBiz SC 198The Supreme Court on Monday declined to interfere with Karnataka Bank Ltd's tax relief in a dispute over deduction for diminution in the value of its held-to-maturity (HTM) investments,...

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

COMPETITION LAW CCI Orders Probe Into Mrs India Inc Over Restrictive Conditions Imposed On Pageant ParticipantsCCI Approves UPL Restructuring Plan To Consolidate India, Global Crop Protection BusinessesIPR Supreme Court Directs Princeton-Named Telangana Colleges To Publish Disclaimer Stating No Connection With US UniversityDelhi High Court Orders Takedown of Pornographic Content, AI Deepfakes Using Actor Naga Chaitanya's PersonaDelhi High Court Revokes Gujarat Pesticides' ZOOOK Copyright...

LiveLawBiz RERA Monthly Digest: May, 2026

Supreme Court Supreme Court Issues Notice On Plea Alleging Jaypee Used “Facade” Deals To Divert ₹13,833 Crore Homebuyer FundsCase Title: VANDANA SABHARWAL VERSUS UNION OF INDIA & ORS.Case Number: Writ Petition(s)(Civil) No(s).661/2026Citation : 2026 LLBiz SC 213The Supreme Court on Tuesday issued notice on a writ petition alleging that Rs. 13,833 crore out of Rs. 14,599 crore collected from homebuyers by the Jaypee Group was diverted through transfers to group entities and...

LiveLawBiz Arbitration Monthly Digest: May, 2026

Supreme CourtSupreme Court Refuses To Interfere With ₹66.31 Lakh Award In Favour Of Aakash In Coaching Franchise DisputeCase Title: M/S PARAMOUNT LEARNING SOLUTIONS AND ORS. Versus AAKASH EDUCATIONAL SERVICES LTD.Case Number: Diary No. 22100-2026Citation: 2026 LLBiz SC 173The Supreme Court of India on Tuesday dismissed a plea by Paramount Learning Solutions in a franchise dispute involving an Aakash Educational Services Ltd. coaching centre.It declined to interfere with the Delhi High Court's...

LiveLawBiz Company Law Monthly Digest: May 2026

SUPREME COURTSupreme Court Stays ₹5 Lakh Cost Imposed To Set Aside NBWs In Adarsh Housing SFIO CaseCase Title : MEENAKSHI MODI VERSUS SERIOUS FRAUD INVESTIGATION OFFICER Case Number : Petition for Special Leave to Appeal (Crl.) No. 7450/2026The Supreme Court recently (April 27) issued notice on a petition filed by Meenakshi Modi, an accused in an SFIO case linked to the Adarsh Build Estate housing fraud, to examine the validity of a Rs 5 lakh cost imposed by the Punjab and Haryana High Court...

LiveLawBiz IPR Monthly Digest: May, 2026

SUPREME COURTSupreme Court Declines To Entertain Western Digital Challenge Over Refurbished Hard Drive SalesCase Title: Western Digital Technologies, Inc & Anr. v. Hansraj Dugar Case Number: Petition(s) for Special Leave to Appeal (C) No(s). 17783/2026 Citation: 2026 LLBiz SC 204The Supreme Court on Tuesday, 27 May declined to interfere with the Delhi High Court ruling permitting the sale of refurbished hard disk drives bearing Western Digital's trademarks, holding that removal of the...

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

PMLA Kerala High Court Reserves Verdict On CMRL's Appeal Challenging ED Probe, Orders Status Quo Till June 5IPR Delhi High Court Restrains Unauthorized Use Of Varun Dhawan's Persona, Orders Takedown Of Deepfake ContentDelhi High Court Restrains Ex-Franchisee From Using 'Moti Mahal' Marks After Termination Of AgreementDelhi High Court Protects 'Safex' Trademark, Bars Deceptively Similar Use By Seed CompanyDelhi High Court Restrains Breakaway Karan Satsang Group From Portraying HDH Bapji As Its...

LiveLawBiz RERA Cases Weekly Digest: May 25 - May 30, 2026

NOMINAL INDEXVandana Sabharwal v. Union of India & Ors., 2026 LLBiz SC 213Advance India Projects Limited v. State of Haryana and Others, 2026 LLBiz HC (PNH) 26M/s Inspire Parking Nest Pvt. Ltd. v. Haryana Real Estate Regulatory Authority, Gurugram, 2026 LLBiz REAT (HR) 34Ravi Shankar & Anr. v. Karnataka Real Estate Regulatory Authority & Ors., 2026 LLBiz REAT (KA) 33Mr. Ejaz Shoaib Hussain and Mr. Arbaaz Shoaib v. M/s Honest Builders and Developers Pvt. Ltd., 2026 LLBiz RERA(BR)...

LiveLawBiz Arbitration Cases Weekly Digest: May 25 - May 30, 2026

NOMINAL INDEXAshok and Ors. v. Padam Chand and Ors., 2026 LLBiz SC 211Madhya Pradesh Road Development Corporation Ltd. v. M/s Jabalpur Corridor Pvt. Ltd., 2026 LLBiz SC 210Tarini Prasad Mohanty v. M/s Sunflag Iron and Steel Company Limited, 2026 LLBiz SC 206Bhupesh Bhayana and Another v. Kunal Seth and Another, 2026 LLBiz SC 205Gujarat Water Supply and Sewerage Board v. Saryu Plastics Pvt. Ltd., 2026 LLBiz SC 203M/S BRH Wealth Kreators Ltd. v. Sudhir Kumar Aggarwal, 2026 LLBiz HC (DEL)...