LiveLawBiz: Corporate Legal News Daily Round-Up: June 06, 2026

DEBT RECOVERY LAWS Madras High Court Issues Statewide Directions For Timely Disposal Of SARFAESI Pleas Seeking Aid In Taking PossessionSARFAESI Sale Certificates Not Liable To Stamp Duty Upon Issuance: Kerala High Court [Full Bench]Magistrate Cannot Refer Parties To Mediation In SARFAESI Proceedings Under Section 14: Kerala High CourtUnauthenticated Alteration In Cheque Date Renders It Void: Kerala High CourtIPR Delhi High Court Rules Intas' BEVATAS Does Not Infringe Sun Pharma's BEVETEX...

Madras High Court Issues Statewide Directions For Timely Disposal Of SARFAESI Pleas Seeking Aid In Taking Possession

The Madras High Court on Friday issued a comprehensive set of statewide directions governing applications under Section 14 of the SARFAESI Act. The Court observed that delays by designated authorities defeat the legislation's objective of enabling expeditious recovery of secured assets and reducing non-performing assets (NPAs). Section 14 of the SARFAESI Act enables banks and other secured creditors to seek the assistance of a Chief Metropolitan Magistrate, Chief Judicial Magistrate or...

LiveLawBiz: Corporate Legal News Daily Round-Up: June 05, 2026

IPR Bombay High Court Refuses Urgent Plea Against Release Of Varun Dhawan-Starrer 'Hai Jawani Toh Ishq Hona Hai'Delhi High Court Grants Zee Temporary Injunction Against Illegal Streaming Of FIFA World Cup 2026Madras High Court Holds Chennai API Maker's Export Of Diabetes Drug Vildagliptin To Egypt Infringed Novartis PatentDelhi High Court Orders Takedown of Rogue Website Misusing 'GOLDIEE' Trademark in Investment ScamDelhi HC Temporarily Restrains 'MicroTV', 'ReelTV' Platforms From Streaming...

Party Autonomy In Arbitration Is Being Misunderstood As Right To Choose Favourable Decision-Makers: CJI Surya Kant

Chief Justice of India Surya Kant on Friday said that the principle of party autonomy, often regarded as one of arbitration's defining strengths, has in some respects been misunderstood and stretched beyond its intended purpose, warning that it is increasingly being equated with an unrestricted ability to select favourable decision-makers. Speaking at the 4th International Conference on "Arbitrating Indo-UK Commercial Disputes: ADR as a Catalyst for Strengthening India-UK Economic Partnership,"...

Delhi High Court Grants Zee Temporary Injunction Against Illegal Streaming Of FIFA World Cup 2026

The Delhi High Court on Wednesday granted a temporary injunction in favour of Zee Entertainment Enterprises Ltd. The court restrained rogue websites from illegally streaming FIFA World Cup 2026 content and directed internet service providers to block access to them in real time. Zee holds exclusive media rights for the FIFA World Cup 2026 in India across cable, satellite, terrestrial, IPTV, broadband, and mobile transmission platforms. The tournament is scheduled to take place from June 11 to...

Bombay High Court Refuses Urgent Plea Against Release Of Varun Dhawan-Starrer 'Hai Jawani Toh Ishq Hona Hai'

The Bombay High Court has recently declined to entertain an urgent plea seeking reliefs against the release of the Varun Dhawan starrer film "Hai Jawani Toh Ishq Hona Hai" and two songs featured in it, observing that Puja Entertainment (India) Ltd. had already approached a court in Bihar seeking similar reliefs and had failed to satisfactorily explain why it had not secured permission to withdraw those proceedings. Justice Farhan P. Dubash passed the order on June 3, two days before the film's...

Banks Must Take Proactive Steps Against SIM Swap Fraud: Karnataka HC Upholds BSNL's Liability In Fraud Case

The Karnataka High Court has recently observed that banks must proactively strengthen safeguards against SIM swap fraud. It noted that measures such as multiple OTP delivery channels, delayed processing of high-value transactions following SIM swaps, alternate transaction alerts and customer awareness initiatives can help prevent such frauds. Justice Suraj Govindaraj made the observations while holding BSNL liable for a fraud that enabled unauthorised withdrawals of ₹87.70 lakh from the account...

Kerala High Court Dismisses CMRL Appeal Against ED Probe In Money Laundering Case Involving Ex-CM's Daughter

The Kerala High Court on Friday dismissed an appeal filed by Cochin Minerals and Rutile Limited (CMRL) challenging an Enforcement Directorate summons issued in a money laundering probe linked to payments allegedly made to Exalogic Solutions Pvt Ltd, a company owned by Veena Vijayan, daughter of former Kerala Chief Minister Pinarayi Vijayan. A division bench of Justices Raja Vijayaraghavan V and K.V. Jayakumar upheld the ED's action and declined to quash the Enforcement Case Information Report...

LiveLawBiz: Corporate Legal News Daily Round-Up: June 04, 2026

COMPETITION LAW CCI Closes Abuse of Dominance Complaint Against InVideo AI Over Subscription DisputeIPR Mumbai Court Refuses To Stay OTT Release of 'Dhurandhar 2' In Writer's Copyright DisputeDelhi High Court Restrains Use Of 'Liv-22', Protects Himalaya's 'Liv.52' MarkIBC NCLT Delhi Rejects Jiostar's Insolvency Plea Against Legends League Cricket PromoterNCLT New Delhi Terminates CIRP Against Presidium & Mothers Pride Over 330-Day Delay, No Resolution PlanSupreme Court Refuses To Condone...

Mumbai Court Refuses To Stay OTT Release of 'Dhurandhar 2' In Writer's Suit Alleging Plagiarism

A Mumbai civil court on Thursday has rejected the ad-interim relief sought by a writer who alleged that filmmaker Aditya Dhar and others had copied his story and script. The court declined to restrain the film's release on an OTT platform after finding that the plaintiff had failed to establish similarity between the competing works and had not impleaded the OTT platform as a party.Santosh Kumar R.S. filed a suit for a declaration and an injunction, alleging that the defendants, including...

Supreme Court Holds Appeals On Excisability Of Goods Lie Before It, Not High Courts

The Supreme Court has recently held that disputes over whether goods are excisable fall within the exclusive appellate jurisdiction of the Supreme Court and cannot be decided by High Courts.Setting aside a Karnataka High Court judgment, the Court observed, "The provisions of Sections 35G and Section 35L, read together, always pointed to one and only one conclusion: that the question of excisability fell within the exclusive appellate jurisdiction of the Supreme Court." A Bench of Justice J.B....

LiveLawBiz Indirect Tax Monthly Digest: May 2026

SUPREME COURTSupreme Court Seeks Revenue Explanation On Digitisation Of Missing GST Files In Bengal Cold Rollers CaseCase Title : M/s Bengal Cold Rollers Private Limited v. The Assistant Commissioner (ST) & Ors. Case Number : SLP (C) No. 12390/2026 CITATION : 2026 LLBiz SC 182The Supreme Court has sought an explanation from the Revenue regarding the digitisation of 14 files seized in a GST investigation that are now stated to be missing in the case of Bengal Cold Rollers Pvt. Ltd. The...