LiveLawBiz: Corporate Legal News Daily Round-Up: February 25, 2026

IBC TDS On Interest Alone Not Enough To Cross Insolvency Threshold: NCLT ChandigarhCorporate Debtor Liable For Electricity Dues Despite Lessee's Consumption; Privity of Contract Prevails: NCLT ChennaiDirect Disbursement To Corporate Debtor Not Mandatory To Qualify As Financial Debt Under IBC: NCLATMSME Protections Must Be Invoked By Corporate Debtor, Not Personal Guarantors: NCLT KochiNCLAT Directs YG Estates To Hand Over Supertech Ecociti, 34 Pavilion Maintenance To RWAs In 30 DaysIPROne-Month...

LiveLawBiz: Corporate Legal News Daily Round-Up: February 24, 2026

IBCDefunct Scheme Of Arrangement Under Companies Act Cannot Stall IBC Proceedings: Supreme CourtNCLT, NCLAT Cannot Nullify Benami Act Confiscation In IBC Proceedings: Supreme CourtCommittee Of Creditors Not Barred From Litigating In Own Name Under IBC: NCLAT In Byju's Parent Insolvency CaseEven Without Plea, NCLT Kochi Examines Covid-19 Suspension Bar, Rejects CIRP PleasRainbow Papers Ruling Not Ground To Reopen Approved Resolution Plan Over Belated Tax Dues: NCLATCorporate Debtor Cannot Avoid...

LiveLawBiz: Business Law Daily Round-Up: February 23, 2026

IBC Supreme Court Dismisses Appeal Against NCLAT Order Rejecting Insolvency Plea Against VoltasIBBI Suspends Insolvency Professional's AFA For Six Months Over CIRP Without Valid AuthorisationNCLT Mumbai Allows Saraswat Bank To Make Clarificatory Amendments To Section 7 PetitionMere MOU For Flat Allotment Not Financial Debt Without Disbursal To Corporate Debtor: NCLT MumbaiMere Non-Payment Of Ordered Amount Not Civil Contempt, Execution Is Proper Remedy: NCLT KochiIPRDelhi High Court Grants...

LiveLawBiz Indirect Tax Weekly Round-Up: February 16 - February 22, 2026

SUPREME COURTSupreme Court Issues Notice In Challenge To CESTAT Ruling That Customs Cannot Alter FOB Value Of GoodsCase Title : Commissioner of Customs (Appeals) vs Jayanthah Trading Company Case Number : CIVIL APPEAL Diary No(s). 2168/2026The Supreme Court recently issued notice on an appeal filed by the Commissioner of Customs (Appeals) against a ruling of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, which held that Customs officers cannot alter the Free on...

LiveLawBiz Direct Tax Weekly Round-Up: February 16 - February 22, 2026

HIGH COURTSDelhi HCDelhi High Court Affirms ITAT View That Excise Duty Refund Under Kutch Incentive Scheme Is Capital ReceiptCase Title : Pr. Commissioner Of Income Tax, Central-3, Delhi v. Jindal Saw Ltd. Case Number : ITA 689/2025 CITATION : 2026 LLBiz HC (DEL) 155The Delhi High Court has upheld an order of the Income Tax Appellate Tribunal (ITAT) holding that excise duty refund received by Jindal SAW Ltd. under the Kutch district incentive scheme is a capital receipt and not taxable as...

LiveLawBiz RERA Cases Weekly Digest : February 16 - February 22, 2026

Nominal IndexThe Madhya Pradesh Real Estate Regulatory Authority v. M/s Malwa Vanaspati and Chemicals Co. Ltd. & Anr., 2026 LLBiz SC 80Shree Infra Properties Pvt. Limited v. Divya Narayan Panda, 2026 LLBiz REAT (OD) 10Mr. Sandeep Kolge & Ors. v. Peninsula Land Limited, 2026 LLBiz REAT (MH) 11Pramod Ashtekar & Anr. v. Nirmal Lifestyle Limited & Ors., 2026 LLBiz REAT (MH) 9M/s Rajeshwari Realty Pvt. Ltd. v. M/s NBCC Ltd., 2026 LLBiz RERA (DL) 29Mridula Parti & Anr. v. Microtek...

LiveLawBiz IBC Weekly Digest: February 16 To February 21

SUPREME COURTS. 7 IBC | Corporate Debtor's Inability To Pay Not Relevant For CIRP Plea Admission: Supreme CourtCase Title : Power Trust (Promoter of Hiranmaye Energy Ltd.) v. Bhuvan Madan (Interim Resolution Professional of Hiranmaye Energy Ltd.) & Ors. Case Number : CIVIL APPEAL NO(s).2211/2024 CITATION : 2026 LLBiz SC 73The Supreme Court on Wednesday reaffirmed that the Adjudicating Authority cannot refuse to admit a financial creditor's plea under Section 7 of...

LiveLawBiz Arbitration Cases Weekly Digest : February 16 - February 22, 2026

Nominal Index Asad Mueed & Ors. vs Jamia Hamdard Deemed to Be University, 2026 LLBiz SC 65Talwandi Sabo Power Ltd vs Punjab State Power Corporation, 2026 LLBiz SC 72R. Savithri Naidu v. The Cotton Corporation of India Ltd. & Anr., 2026 LLBiz SC 66Aspek Media Pvt Ltd & Ors. vs Entertainment City Ltd, 2026 LLBiz SC 68Rashtriya Chemicals & Fertilisers Ltd vs Thermax Ltd, 2026 LLBiz SC 70Ansal Housing Limited v. SS Infrastructures Pvt. Ltd. & Anr., 2026 LLBiz HC (DEL)...

LiveLawBiz IPR Weekly Digest: February 15 - February 21, 2026

SUPREME COURTSupreme Court Restores Breach-Of-Injunction Proceedings In 'HERO' Trademark Dispute Between Hero Cycles and Hero EcotechCase Title: Hero Cycles Ltd & Anr. vs Hero Ecotech Ltd & Ors Case Number: CIVIL APPEAL NO.1478 OF 2026 Citation: 2026 LLBiz SC 74The Supreme Court recently revived proceedings for alleged breach of an injunction in the long-running “HERO” trademark dispute between Hero Cycles Limited and Hero Ecotech Limited. A bench of Justices B.V. Nagarathna and Ujjal...

LiveLawBiz: Business Law Daily Round-Up: February 21, 2026

IBC NCLAT Reaffirms CST Dues Not Secured Debt, Sets Aside Order Rejecting Amul Industries Resolution PlanCriminal Complaint Filed After Adverse Insolvency Order Cannot Undermine Liquidation: NCLATNCLAT Dismisses Mercator Guarantor's Appeal Against Insolvency Order, Calls Natural Justice Plea 'Dilatory Tactic'TAXBombay High Court Allows Videography Of GST Summons Proceedings After Taxpayer Undertakes to Bear CostGSTN Activates Withdrawal Facility For Small Taxpayers To Opt Out Of Simplified...

LiveLawBiz: Business Law Daily Round-Up: February 20, 2026

IBC Subsequent Ratification Of Power of Attorney By IMC And Fresh Board Validates SEFL's CIRP Plea Against Roadwings: NCLATNCLAT Condones 3-Day Delay In Filing Appeal As NCLT Order Uploaded Eight Months After PronouncementNCLAT Dismisses CIRP Plea Against Strategic Credit Capital, Says Section 7 IBC Barred For Financial Service ProviderNCLT Chennai Dismisses Liquidator's Plea, Says Director's Mortgage Of Personal Property To Bank Not FraudulentNCLT Bengaluru Rejects EPFO Claim For PF Dues In...

LiveLawBiz: Business Law Daily Round-Up: February 19, 2026

IBC S. 7 IBC | Corporate Debtor's Inability To Pay Not Relevant For CIRP Plea Admission: Supreme Court'Not an Ordinary Business Transaction': NCLAT Upholds Order Treating ₹19.66 Lakh Paid To Director As PreferentialActive DIN Status Not Sufficient To Establish Eligibility To Submit Resolution Plan Under IBC: NCLT IndoreIPRDelhi High Court Asks Singer Jubin Nautiyal Why He Filed Personality Rights Suit In Delhi Despite Being Based in UttarakhandUnited Breweries Secures Trade Mark Registration For...