Actor Rajinikanth Gets Relief As CESTAT Chennai Sets Aside ₹56.84 Lakh Service Tax Demand On Hotel Lease

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) at Chennai on Wednesday set aside a service tax demand of about Rs 56.84 lakh against veteran Tamil actor Rajinikanth, holding that renting a building for use as a hotel is excluded from service tax under the Finance Act even if the premises contain facilities such as a restaurant, banquet hall, conference hall, bar, and health club. A bench of Judicial Member Ajayan T.V. and Technical Member M. Ajit Kumar observed, "Their presence...

LiveLawBiz Company Law Monthly Digest: February-2026

SUPREME COURTByju's Parent Moves Supreme Court To Stall Second Tranche Of Aakash ₹240 Crore Rights IssueCase Title: Think and Learn Private Limited (In CIRP), through its Resolution Professional, Shailendra Ajmera, versus Aakash Educational Services Limited and othersCase Number: C.A. NO. 1604-1605/2026Think & Learn Pvt. Ltd., which owns edtech major Byju's, has moved the Supreme Court against a National Company Law Appellate Tribunal (NCLAT) order that allowed Aakash Educational...

LiveLawBiz IPR Monthly Digest: February, 2026

SUPREME COURTSupreme Court Stays Madras HC Order Reviving Sreedevi Video-Saregama Dispute Over Tamil Telugu Film MusicCase Title: Saregama India Ltd. v. Sreedevi Video Corporation & Ors.Case Number: SLP (C). 6950/2026The Supreme Court on Thursday stayed a Madras High Court order that had revived an injunction claim in a copyright dispute between SaReGaMa India Ltd and Sreedevi Video Corporation over the audio rights of iconic Tamil and Telegu films such as Sagara Sangamam, Salangai Oli and...

Indirect Tax Monthly Digest: February 2026

SUPREME COURTSupreme Court Refuses To Entertain Ola Parent ANI's Plea Against Delayed Service Tax OrderCase Title : ANI TECHNOLOGIES PRIVATE LIMITED VS THE UNION OF INDIA & ANR. Case Number : SLP(C) NO. 3185/2026 CITATION : 2026 LLBiz SC 33The Supreme Court of India has declined to interfere with a Bombay High Court order directing ANI Technologies Private Limited, the parent company of Ola Cabs, to pursue a statutory appeal against a service tax demand. A Bench of the Chief Justice of...

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

IBC Financial Hardship No Ground To Reject Insolvency Plea Once Default Is Established: NCLT JaipurBalance Sheet Acknowledgment Of Debt Extends Limitation; NCLAT Upholds IDBI's Insolvency Plea Against HILNCLT Ahmedabad Denies Secured Creditor Priority To State Tax Dept. In Diamond Power LiquidationJudicial Custody Of MD No Ground To Claim Natural Justice Violation If Counsel Appeared: NCLATIPR Delhi High Court Grants Temporary Relief To Mankind: Restrains Copy Of MANFORCE Condom Artwork And...

LiveLawBiz RERA Monthly Digest: February 2026

Nominal IndexRalas and Chopda Builders & Ors. v. Jeevan Vihar Residents Welfare Society, 2026 LLBiz HC (CHH) 4The State of Himachal Pradesh & Ors. v. Naresh Sharma, 2026 LLBiz SC 61The Madhya Pradesh Real Estate Regulatory Authority v. M/s Malwa Vanaspati and Chemicals Co. Ltd. & Anr., 2026 LLBiz SC 80Embassy One Developers Pvt. Ltd. v. State of Karnataka & Ors., 2026 LLBiz HC (KAR) 19MP Real Estate Regulatory Authority v. Briddhi Real Estate Pvt. Ltd. and Others, 2026 LLBiz HC...

LiveLawBiz IBC Monthly Digest: February 2026

SUPREME COURTSingle Insolvency Petition Against Intrinsically Linked Real Estate Companies Maintainable: Supreme CourtCase Title : Satinder Singh Bhasin v. Col Gautam Mullick and Ors Case Number : Civil Appeal No.13628 of 2025 CITATION : 2026 LLBiz SC 37The Supreme Court on Monday upheld insolvency proceedings against two closely linked real estate companies, holding that a single insolvency petition can be maintained against multiple corporate entities under the...

LiveLawBiz Direct Tax Monthly Digest: February 2026

SUPREME COURTSupreme Court Dismisses Revenue Plea Against Gujarat HC Order Quashing Adani Wilmar Income Tax ReassessmentCase Title : THE ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE 1(1)(1) Vs ADANI WILMAR LIMITED Case Number : SLP(C) 4944/2026 CITATION : 2026 LLBiz SC 35The Supreme Court on Monday refused to interfere with a Gujarat High Court judgment that had quashed the reopening of Adani Wilmar Limited's income tax assessment for the 2013–14 assessment year, dismissing a special leave...

Supreme Court Refuses To Interfere With Bombay High Court Ruling In Vedanta–Sunflag LAM Coke Arbitration Dispute

The Supreme Court recently declined to interfere with a judgment of the Bombay High Court dismissing Vedanta Ltd's writ petition challenging an arbitral order in its dispute with Sunflag Iron & Steel Co. Ltd over the purchase and supply of LAM Coke. The court also imposed costs of Rs 5 lakh on the company. A Bench of Justices Pamidighantam Sri Narasimha and Alok Aradhe dismissed Vedanta's special leave petition, observing: “We are not inclined to interfere with the impugned judgment and...

LiveLawBiz: Corporate Legal News Daily Round-Up: March 02, 2026

IBC Winding Up Petitions Transferred From High Court To NCLT Cannot Be Admitted Mechanically: NCLATNCLAT Holds Section 198 Cannot Be Used To Extend IBC Appeal Deadline, Rejects IBBI's 103-Day DelayIBBI Suspends Byju's Former Resolution Professional Pankaj Srivastava For Three YearsIBC Proceedings Cannot Become Evidentiary Trial: NCLT Kochi Refuses To Summon Corporate Debtor's LessorIPR Delhi High Court Grants Interim Injunction To GSK Against Zee Laboratories In 'PHEXIN'-'FEXIT' Trademark...

SEBI Imposes ₹29 Lakh Penalty on Café Coffee Day Parent, Directors and Senior Officials Over Disclosure Failures

The Securities and Exchange Board of India (SEBI) on Monday imposed penalties totalling Rs 29 lakh on Coffee Day Enterprises Ltd., the parent company behind once popular coffee chain Café Coffee Day, and its directors and former senior officials. The penalty was for failing to recognise Rs 489.49 crore in interest expenses on borrowings in its financial statements over multiple years. SEBI Adjudicating Officer Amit Kapoor held that anticipated settlements with lenders could not justify...

Delhi Court Orders Akasa Air Operator to Pay ₹1.08 Crore To Travel Agency Over Cancellation Of 2023–24 Festive Bookings

The Commercial Court at Saket, New Delhi, has decreed a suit filed by Delhi-based ABS Tour & Travels against SNV Aviation Pvt. Ltd., which operates Akasa Air, holding that the unilateral cancellation of bulk bookings for the Christmas–New Year 2023–24 travel period amounted to breach of contract. Presiding Officer Lalit Kumar held that the cancellation deprived the agency of a real and foreseeable commercial opportunity to earn profits during the peak festive season and awarded Rs...