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

IBC

Statutory Creditors Cannot Get Preferential Treatment Over Other Operational Creditors In Liquidation: NCLAT

NCLT Mumbai Admits West Gujarat Expressway's Voluntary Insolvency Plea Over ₹227.20 Crore Debt

NCLAT Allows Withdrawal Of Byju's-Aakash Rights Issue Dispute Appeals, Permits Revival If Settlement Fails

NCLAT Issues Notice To Boeing On Jet Airways' Appeal Seeking $92 Million Refund For Undelivered Aircraft

IPR

Actor Rupali Ganguly Moves Bombay High Court To Protect Personality Rights

Bombay High Court Refuses To Lift Restrictions On Phantom Studios Making Ramayana-Based Films Till Diwali 2027

Bombay High Court Grants Anti-Piracy Protection To Ranbir Kapoor-Starrer Ramayana Ahead Of Release

TAX

Automated Portal Warning Can't Override E-Way Bill Exemption For Short-Distance Movement: GSTAT Lucknow

Honda Dealer's Sales Incentives, Customer Discounts Not Liable To Service Tax: CESTAT Allahabad

Loading Incidental To Transportation Cannot Attract Cargo Handling Service Tax: CESTAT Allahabad

Assessing Officer's Location Determines Appeal Jurisdiction, Not ITAT Bench: Karnataka High Court

Karnataka High Court Dismisses Revenue Appeal Over 2-Hour Delay In Filing Income Tax Return

Madras High Court Upholds TVS Motor's ₹26.90 Crore Dies Replacement and ₹55.77 Crore R&D Deductions

Limited Scrutiny Cannot Be Expanded To Examine Other Deductions Under Same Provision: ITAT Chennai

COMPANY LAW

NCLT Bengaluru Says It Cannot Approve Already Implemented Scheme Of Arrangement Ex-Post Facto

ARBITRATION

Bombay High Court Restrains Private University Vice-Chancellor From Representing Himself As Company CEO

Bombay High Court Upholds US$1.13 Million Standby Charges Award Against ONGC For Vessels Kept Ashore

Madras High Court Restores Dinamalar Arbitral Awards, Holds Firm Dissolution Does Not End Arbitration

SECURITIES LAW

SEBI To Leverage BHASHINI's AI Language Tools To Expand Access To Services In Regional Languages

SEBI Introduces Framework For REITs, InvITs To Issue Depository Receipts To Foreign Investors

COMPETITION LAW

Kotak Mahindra Bank Gets CCI Nod To Acquire Deutsche Bank's Retail, Wealth Management Business

Google Play Billing Policy: Supreme Court Asks App Developers If They Can Opt Out Of Google's Payment System

Liquor Distillery From MP Moves Supreme Court Against CCI Probe Into Alleged Bid Rigging

BANKING/NBFC

Kerala High Court Sets Aside Order Directing Police To Investigate Man's Bank Account Over Large Credits

DEBT RECOVERY LAWS

RBI-Directed Account Closure No Defence In Cheque Dishonour Cases With Low Funds: Delhi High Court

MP High Court Pulls Up Secured Creditor For Failing To Preserve Possession Of Property Taken Over Under SARFAESI Act

OTHER STORIES

Bombay High Court Dismisses Ethanol Manufacturer's Plea To Bid For BPCL's 1,100 Crore Litre Ethanol

Supreme Court Dismisses Sahara India TV's Appeal Against TDSAT Order To Pay ₹44.12 Lakh Placement Charges