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LiveLawBiz: Corporate Legal News Daily Round-Up: May 08, 2026
COMPETITION LAW CCI Orders Probe Into Pernod Ricard, Others Over Alleged Anti-Competitive Conduct In Delhi Liquor MarketIPR Delhi HC Questions Trimurti Films Over Not Pursuing 2016 'Oye Oye' Copyright Row During Plea Against Dhurandhar 2Delhi High Court To Pass Interim Orders In Universal Studios' Suit Against PlayIMDb's Piracy MechanismBombay High Court Grants Interim Relief Protecting Ahmed Perfumes' Arabic Logo, Refuses Passing Off ReliefIBC Separate CIRP For Another Project Of Same Builder...
Delhi HC Questions Trimurti Films Over Not Pursuing 2016 'Oye Oye' Copyright Row During Plea Against Dhurandhar 2
The Delhi High Court on Friday sharply questioned Trimurti Films on Friday over its nearly decade-long inaction after objecting in 2016 to the same alleged copyright infringement, asking why it had kept quiet for years before seeking to restrain the OTT release of Dhurandhar: The Revenge over the use of the iconic Tridev song Oye Oye. Justice Tushar Rao Gedela was openly skeptical of the plaintiff's case and remarked, “In spite of sending a notice in 2016 in respect of Azhar, you are keeping...
Non-Signatory Collaborator Whose Role Was Essential To Contract Can Invoke Arbitration: Supreme Court
The Supreme Court has held that a collaborator whose technical expertise was essential for a contractor to qualify for a project bid can invoke the arbitration clause in the principal contract.This would apply where the collaborator's role makes it effectively a party to the agreement.“The meetings convened between the Employer, the Contractor and the Collaborator, after delay in execution of the contract, the tripartite agreement entered into between them and the further communications...
Delhi High Court To Pass Interim Orders In Universal Studios' Suit Against PlayIMDb's Piracy Mechanism
The Delhi High Court on Friday indicated that it would pass orders in a copyright infringement suit filed by Universal City Studios Productions LLLP against PlayIMDb.com and several other alleged rogue streaming platforms. During the hearing before Justice Tushar Rao Gedela, Universal City Studios detailed what it described as an “ingenious” piracy mechanism through which rogue websites exploit IMDb's infrastructure to facilitate unauthorized streaming of films, including Fast X, the tenth main...
IBC Individual Insolvency Process Applies To Personal Guarantors, Not Co-Borrowers: NCLT Jaipur
The National Company Law Tribunal (NCLT) at Jaipur has dismissed an insolvency plea after holding that the individual insolvency framework under the Insolvency and Bankruptcy Code applies only to personal guarantors of corporate debtors and not co-borrowers. “In view of the scheme of the Code, we are of the opinion that the legislature in its wisdom extended the application of individual insolvency process only to the Personal Guarantors to the Corporate Debtor,” the tribunal said. A bench of...
LiveLawBiz: Corporate Legal News Daily Round-Up: May 07, 2026
ARBITRATION Calcutta High Court Temporarily Stays Arbitral Award In Tata Nano Singur Land Acquisition DisputeLimitation In Arbitration Begins From Denial Of Claim, Not Section 21 Notice: Madhya Pradesh High CourtFinancial Institution Need Not Be Secured Creditor To Invoke SARFAESI Arbitration: Bombay High CourtArbitrator Cannot “Conjure” Mesne Profit Figure Solely On “Guesswork”: Delhi High CourtArbitrators Cannot Import Notions Of Fairness And Equity Into Commercial Contracts: Bombay High...
Supreme Court Dismisses Dhanlaxmi Bank Plea Against NCLAT Order Setting Aside CIRP Against Emerald Mineral Exim
The Supreme Court on Thursday dismissed an appeal filed by Dhanlaxmi Bank Ltd against an NCLAT order that had set aside insolvency proceedings against Emerald Mineral Exim Pvt Ltd. The court held that the dispute arising from a commercial property transaction was predominantly contractual in nature and not a straightforward financial debt-default case warranting initiation of CIRP under the Insolvency and Bankruptcy Code. A Bench of Justices Pamidighantam Sri Narasimha and Alok Aradhe refused...
Developers Need Not Refund GST, TDS, Stamp Duty While Refunding Flat Consideration: Maharashtra REAT
The Maharashtra Real Estate Appellate Tribunal has held that a developer cannot ordinarily be directed to refund GST, MVAT, TDS, stamp duty and registration charges paid by homebuyers to Government authorities. The ruling came while the Tribunal was ordering refund in a delayed housing project dispute. “We are of the view that the said taxes and duties were paid to the Government. The said amounts are not towards the consideration amount for the subject flat,” the tribunal said. "With regard...
Calcutta High Court Temporarily Stays Arbitral Award In Tata Nano Singur Land Acquisition Dispute
The Calcutta High Court on Thursday (May 7) temporarily stayed for eight weeks the enforcement of a ₹765.78 crore arbitral award passed in favour of Tata Motors Ltd against the West Bengal Industrial Development Corporation Ltd (WBIDC) in the dispute over the acquisition of land in Singur for Tata's Nano factory. An arbitral tribunal had, on October 30, 2023 directed WBIDC to pay Tata Motors ₹765.78 crore with interest at 11% per annum. Justice Aniruddha Roy granted an unconditional interim...
Supreme Court Stays Patna HC Order Restraining Local Company From Using “JOHNSON” Trademark, Issues Notice
The Supreme Court on Thursday stayed the Patna High Court's April 24, 2026 order granting a temporary injunction restraining Johnson Paints Pvt. Ltd. from manufacturing, selling, or advertising paint and cement paint products under the “JOHNSON” mark or any deceptively similar variant in an ongoing trademark dispute with Johnson Paints Co. A bench of Justices J.K. Maheshwari and Atul S. Chandurkar, while issuing notice, directed Johnson Paints Pvt Ltd to furnish an undertaking that it would...
Supreme Court Dismisses SEBI Appeal Against NCLAT Order Rejecting Recall Plea In Pancard Clubs Insolvency
The Supreme Court on Monday refused to reopen SEBI's challenge to the Pancard Clubs insolvency proceedings. It upheld an NCLAT order holding that SEBI's fraud allegations fell outside the scope of proceedings on condonation of delay. A Bench of Justice J.B. Pardiwala and Justice Vijay Bishnoi dismissed SEBI's appeal against the National Company Law Appellate Tribunal's November 3, 2025 order rejecting its recall plea. “Having heard Mr. C.U. Singh, the learned Senior counsel appearing for the...