LiveLawBiz: Corporate Legal News Daily Round-Up: November 14, 2026

    • LiveLawBiz: Corporate Legal News Daily Round-Up: November 14, 2026

    IBC

    NCLT Chennai Admits IDBI Bank's Insolvency Pleas Against Orchid Pharma Promoter, Wife Over ₹256 Crore Debt

    Unsuccessful Debt Recovery Under SARFAESI Does Not Prove Fraudulent Insolvency Proceedings: NCLT Delhi

    Bank Cannot Be Compelled To Accept Shareholders' Settlement Offer At Pre-CIRP Stage: NCLT Delhi

    NCLT Suspects PUFE Proceedings Avoided To Protect Atharva Auto Logistics Suspended Director, Orders Liquidation

    Resigning From Management Does Not End Director's Duty To Assist Liquidator: NCLT Kochi

    IBC Cannot Be Used Merely To Wind Up Or Dissolve A Company: NCLT Delhi

    NCLT Delhi Admits West Haryana Highways Project Into CIRP Over Rs. 1710 Crore Default

    NCLT Restores Kanara Consumer Products' Insolvency Petition Against India Green Reality

    Recall Cannot Be Used To Review Order On Merits: NCLAT Rejects ED's Plea In Adel Landmark CIRP

    TAX

    GST Appeal Is Not From 'Caesar To Caesar's Wife': Rajasthan High Court Directs Taxpayer To Avail Statutory Remedy

    Road Transport Without Consignment Note Not GTA Service: CESTAT Kolkata

    Seized Jewellery Cannot Be Released Before AO Gives Effect To Appellate Orders: Karnataka High Court

    Zeal In Collecting Taxes Must Be Reflected In Disbursing Lawful Rebates, Refunds: Calcutta High Court

    Service Tax On EMDs For Office Space Construction Payable Only After Land Allotment: CESTAT Ahmedabad

    TNVAT Act | Amendment Increasing Interest On Delayed Tax Payments To 2% Cannot Apply Retrospectively: Madras HC

    Income Tax Department Need Not Entertain Belated Hearing Requests After SCN Deadline: Punjab & Haryana HC

    Recipient Cannot Be Penalised For Supplier's Failure To Generate E-Invoice: GSTAT Thiruvananthapuram

    Punjab & Haryana HC Grants Bail To GoMechanic Co-Founder In Light Of CBIC Direction Against Further GST Arrests

    ARBITRATION

    Civil Courts Cannot Entertain Challenges To Arbitral Awards Under Arbitration Act: Calcutta High Court

    'Shocks Conscience': Rajasthan High Court Upholds Setting Aside ₹653 Crore Arbitral Award Against RSRTC

    Karnataka High Court Upholds Award In Favour Of Hitachi Cash Management In ₹4.78 Crore ATM Theft Dispute

    RERA

    Possession Date In Housing Loan Agreement Cannot Override Date In Flat Buyer's Agreement: Haryana REAT

    IPR

    Patent Cannot Be Denied Merely Because Its Features Are Known, If Combination Is Novel: Madras High Court

    Madras High Court Directs Trademark Registry To Record Wipro Enterprises' Name For 85 Trademarks

    Allahabad High Court Sets Aside Patent Injunction Over Insufficient Examination Of Infringement

    DEBT RECOVERY LAWS

    Insufficiently Stamped Documents Admissible In Cheque Bounce Cases Under Karnataka Stamp Act: Karnataka HC

    District Magistrate Cannot Adjudicate Disputes While Considering Banks' Pleas For Possession Under SARFAESI: Chhattisgarh HC

    COMPANY LAW

    Unregistered Project-Specific Joint Venture Cannot Sue For Contractual Dues: Calcutta High Court

    No NOC From ED, RBI Needed For Merger Schemes Without FEMA Violations: NCLAT

    Mere Family Control Not Enough To Lift Corporate Veil Or Impose Personal Liability On Directors: Madras High Court

    Struck-Off Companies Can Continue Appeals To Defend Contractual Obligations: Madras High Court

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