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...

Supreme Court Refuses To Condone 166-Day Refiling Delay In IBC Appeal, Calls Explanation A 'Lame Excuse'

The Supreme Court has refused to entertain an appeal by Thrani Industries Ltd against insolvency proceedings initiated against it, holding that the company's explanation for a 166-day delay in refiling the case was nothing more than a "lame excuse". A Bench of Justices Dipankar Datta and Satish Chandra Sharma dismissed the appeal after finding that Thrani Industries had failed to show any sufficient cause for the prolonged delay. The company had attributed the delay to the non-availability of...

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

IPR Delhi High Court Temporarily Restrains Use Of Jeans Pocket Stitching Designs Similar To Levi's Arcuate MarkDelhi HC Restrains Use Of MakeMyIndiaTrip Mark, Says Adding 'India' Does Not Distinguish It From MakeMyTripDelhi HC Restrains Orziva From Using 'ORZIFER-XT', Finds Deceptive Similarity With Emcure's 'OROFER-XT'Delhi High Court Grants Ex Parte Injunction To Jockey Against JOYKE, JOYSKY & Similar Marks On MeeshoDelhi High Court Restrains Maxx Farmacia From Using 'MAXX-RICH' Mark,...

Supreme Court Upholds Admission of Insolvency Plea Filed by Ingram Micro Against Bathla Teletech

The Supreme Court has refused to interfere with an NCLAT ruling that Bathla Teletech Pvt Ltd's claims relating to unsold iPhone 8 inventory and backend discounts did not constitute a genuine pre-existing dispute capable of defeating an insolvency application. The order leaves intact insolvency proceedings against the electronics reseller at the instance of Ingram Micro India Pvt Ltd. A Bench of Justices Dipankar Datta and Satish Chandra Sharma dismissed an appeal filed by Bathla Teletech,...

Delhi Court Discharges Aditya Birla Group's Hindalco, Former Executives In Talabira Coal Block Case

A Special CBI Court in Delhi has discharged Hindalco Industries Ltd, its former President and CEO S.K. Tamotia, and former General Manager (Corporate Affairs) P.R.S. Mani in a case arising from allegations relating to the utilisation of coal from the Talabira-1 coal block. The case also involved allegations of misrepresentations made during the approval process for a revised mining plan. Special Judge (PC Act) (CBI) Dheeraj Mor of the Rouse Avenue Courts held that the prosecution had failed to...

CCPA Imposes ₹5 Lakh Penalty On PhysicsWallah For Employing Dark Patterns On Its Platform

Holding that PhysicsWallah employed dark patterns in violation of consumer protection norms, the Central Consumer Protection Authority (CCPA) has imposed a ₹5 lakh penalty on the ed-tech platform over its donation and data-collection practices. A coram of Chief Commissioner Nidhi Khare and Commissioner Anupam Mishra passed the order in a suo motu case against PhysicsWallah over alleged unfair trade practices, misleading advertisements, and violations of consumer rights on its website and mobile...

Delhi HC Restrains Use Of MakeMyIndiaTrip Mark, Says Adding 'India' Does Not Distinguish It From MakeMyTrip

The Delhi High Court has temporarily restrained MakeMyIndiaTrip from using the marks "MakeMyIndiaTrip" and its logo, holding that the addition of the word "India" was insufficient to distinguish the impugned marks from MakeMyTrip's registered trademark. Justice Jyoti Singh passed the order on May 29 in a trademark suit filed by online travel platform MakeMyTrip (India) Private Limited. The Court found a prima facie case of infringement and observed that the adoption of the impugned marks...

LiveLawBiz Direct Tax Monthly Digest: May 2026

SUPREME COURTSupreme Court Dismisses Income Tax Appeal Against IDBI Bank Over Delay Of 275 DaysCase Title : DEPUTY COMMISSIONER OF INCOME TAX AND ORS. Versus IDBI BANK LTD Case Number : Diary No. 19495-2026The Supreme Court on Monday dismissed the Income Tax Department's plea against IDBI Bank Ltd over a 275-day delay, refusing to interfere with the Bombay High Court's decision quashing reassessment proceedings for AY 2016-17. The High Court, in its order dated March 24, 2025 held that the...

LiveLawBiz IBC Monthly Digest: May 2026

SUPREME COURT SBI Back In Reliance Infratel CoC As Supreme Court Sets Aside NCLAT Order Excluding Consortium Lenders Case Title : STATE BANK OF INDIA AND ORS. Versus DOHA BANK Q.P.S.C. AND ANR Case Number : C.A. No. 8527/2022The Supreme Court of India has allowed the appeal filed by the State Bank of India against an October 14, 2022 order of the National Company Law Appellate Tribunal, which had upheld the exclusion of SBI and other lenders from the Committee of...

Validity Of Vote Cast On Behalf Of Society At Company's AGM Cannot Be Decided By Who Voted First: Supreme Court

The Supreme Court has recently held that the validity of a vote cast on behalf of a society at a company's annual general meeting cannot be determined merely by who voted first. The Court ruled that voting authority must flow from the society's governing documents and the statutory framework regulating electronic voting. A bench of Justices Vikram Nath and Sandeep Mehta allowed appeals filed by Hindustan Medical Institution, Eastern India Educational Institution and Belle Vue Clinic, all...

LiveLawBiz Indirect Tax Weekly Round-Up: May 25 - May 31, 2026

SUPREME COURTReliance Industries' n-Hexane Import Cannot Be Classified As Motor Spirit Merely For Low Flash Point: Supreme CourtCase Title : Commissioner of Customs, Kandla, Gujarat v. M/s Reliance Industries Limited Case Number : CIVIL APPEAL NO. 569 OF 2012 CITATION : 2026 LLBiz SC 199The Supreme Court has ruled in favour of Reliance Industries Ltd. in its long-running customs classification dispute, holding that imported n-Hexane cannot be treated as motor spirit merely because its flash...

LiveLawBiz Direct Tax Weekly Round-Up: May 25 - May 31, 2026

SUPREME COURTSupreme Court Refuses To Interfere With Relief To Karnataka Bank In HTM Investment Income Tax DisputeCase Title : THE PR. COMMISSIONER OF INCOME TAX & ANR. VERSUS M/S KARNATAKA BANK LTD. Case Number : Petition(s) for Special Leave to Appeal (C) No(s). 18972/2026 CITATION : 2026 LLBiz SC 198The Supreme Court on Monday declined to interfere with Karnataka Bank Ltd's tax relief in a dispute over deduction for diminution in the value of its held-to-maturity (HTM) investments,...