LiveLaw Biz | Top 10 Corporate & Business Law Stories From Last Week

Trademark Suits Cannot Be Tried By Courts Below District Court: Kerala High Court The Kerala High Court has ruled that a trademark infringement suit cannot be tried by a court below the District Court merely because its pecuniary value falls within the jurisdiction of a Munsiff Court. Justice Mohammed Nias C.P. held that “Given the above, the District Court, for the purposes of Section 134, has to be regarded as the lowest grade competent court to try a trade mark suit, under Section 15 CPC. To...

LiveLawBiz: Corporate Legal News Daily Round-Up: September 12, 2026

IBCNCLT Ahmedabad Directs Restoration Of Gensol EV Lease's GST Registration During CIRPNCLT Indore Rejects Oswal Woollen Mills Insolvency Plea Against EKI EnergyNCLT Mumbai Dismisses Jet Airways Plea Seeking $92M Refund From Boeing Over Undelivered AircraftIPRDelhi High Court Protects Rajat Sharma's Personality Rights, Bars Trademark Misuse of INDIA TVTAXDeclared Goods Used To Conceal Undeclared Imports Can Be Confiscated: CESTAT AllahabadCENVAT Credit Available On Depot Clearing And Forwarding...

Karnataka High Court Sets Aside ₹482.69 Crore Penalty Against Adani Group's ACC Over Kalaburagi Mining

The Karnataka High Court has set aside a ₹482.69 crore penalty demand against Adani Group cement company ACC Limited over limestone mining at its Wadi operations in Kalaburagi district. The Court held that ACC's mining lease in Kalaburagi stood deemed to have been extended until 31 March 2030 under Section 8A(5) of the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act).A coram of Chief Justice Vibhu Bakhru and Justice K.S Hemalekha also dismissed the State Government's...

Bombay High Court Quashes Criminal Case Against Britannia Dairy Over Sale Of Unsafe Cheese Cubes

The Bombay High Court on Friday quashed criminal proceedings against Britannia Dairy Pvt Ltd over allegations of unsafe cheese cubes, finding that the company was denied key statutory safeguards.Britannia was notified nearly six months after the product's shelf life had expired, while the Food Analyst's report was never furnished to it.“Considering the aforenoted facts, submissions, and settled position of law, I am of the considered opinion that the Applicant has made out a fit case for this...

NCLT Mumbai Dismisses Jet Airways Plea Seeking $92M Refund From Boeing Over Undelivered Aircraft

The Mumbai Bench of the National Company Law Tribunal (NCLT) has dismissed the Liquidator of Jet Airways' plea seeking a refund of $92.129 million, or about ₹500 crore, paid to Boeing as advance and pre-delivery payments for aircraft that were never delivered. The tribunal comprising Judicial Member Sushil Mahadeorao Kochey and Technical Member Prabhat Kumar held that the dispute revolved around the parties' aircraft purchase agreements and could not be adjudicated in its limited jurisdiction...

LiveLawBiz: Corporate Legal News Daily Round-Up: September 11, 2026

IBCNCLT President Can Transfer Cases Across Territorial Jurisdictions: NCLAT NCLAT Upholds ₹4.37 Crore Liability On Linkson International Suspended Directors Over Round-Tripping NCLT Mumbai Approves ₹1,611-Crore Resolution Plan For Gstaad Hotels, Dismisses Objections Later Amendment Cannot Retrospectively Alter Liquidation Process Already Commenced: NCLAT NCLT Chandigarh Bench Sanctions Merger Of Companies Behind Got Tea and Blue Tokai TAXCESTAT Delhi Allows ₹6.51 Crore CENVAT Credit To Bharat...

LiveLawBiz: Corporate Legal News Daily Round-Up: September 10, 2026

IBCDeposit Made 'Without Prejudice' Cannot By Itself Amount To Admission Of Debt In CIRP Proceedings: NCLATIBC Appeal Limitation Runs From NCLAT Order, Not Receipt Of Certified Copy: Supreme CourtNCLAT Delhi Says Resolution Applicant's Death Is Not Liquidation Ground, Revives Genius Exports CIRP'Clean Slate' Protection U/S 32A IBC Extends To Going Concern Buyers During Liquidation: NCLAT DelhiNCLAT Quashes Guarantor Insolvency Proceedings Filed Before Different NCLT Bench Than CIRPNCLT Ahmedabad...

IBC Appeal Limitation Runs From NCLAT Order, Not Receipt Of Certified Copy: Supreme Court

The Supreme Court has recently ruled that the limitation period for an appeal against an NCLAT order would run from the date the order is provided, and not from the date a certified copy is obtained.“Assuming that under the NCLAT Rules, 2016, there is an obligation to provide copy of the order to the parties, the period of limitation would run from the date when the order is provided under NCLAT Rules, 2016, and not from the date when certified copy is obtained,” a Division Bench of Justice...

Karnataka High Court Quashes Orders Enforcing 2% Cess On Cinema Tickets, Allows Multiplexes' Plea

The Karnataka High Court has allowed a plea filed by the Multiplex Association of India and PVR INOX Limited against the enforcement of the 2% cess imposed on cinema tickets under the Karnataka Cine and Cultural Activists (Welfare) Act, 2024. Justice H.T. Narendra Prasad held that the measures seeking to operationalise and enforce the cess could not be sustained as the 2024 Act had not been brought into force through a valid commencement notification under Section 1(2). The matter was first...

Delhi High Court Makes Biometric Aadhaar Authentication Mandatory For GST Registrations Nationwide

The Delhi High Court has directed authorities across the country not to allow any GST registration without biometric-based Aadhaar authentication, taking note of the continuing misuse of PAN and Aadhaar details of innocent persons for obtaining fraudulent GST registrations.The division bench of Justices Anil Kshetarpal and Shail Jain passed the direction on September 8 after taking note of data placed before it showing thousands of fraudulent GST registrations and tax evasion running into...

'You Harass Shareholders': Supreme Court Directs Mediation In 34-Year-Old ITC Share Dispute

The Supreme Court on Thursday directed the parties to attempt mediation in a dispute concerning 85 ITC shares purchased by Prakash Chand Baid in 1989.A bench comprising Justices Aravind Kumar and Vipul M. Pancholi issued limited notice for the purpose of exploring mediation and directed the matter to be listed after four weeks.During the hearing, the bench questioned why the dispute concerning the shares had continued for so many years and urged the parties to make another attempt at resolving...

Punjab & Haryana High Court Strikes Down Section 147A Income Tax Act As Unconstitutional

The Punjab & Haryana High Court has struck down the newly inserted Section 147A of the Income Tax Act, 1961, holding the provision unconstitutional. The provision was introduced retrospectively to clarify the role of the Jurisdictional Assessing Officer (JAO) in reassessment proceedings.A bench of Justice Deepak Sibal and Justice Rupinderjit Chahal pronounced the decision today. A detailed judgment is awaited.Section 147A was inserted with retrospective effect from April 1, 2021. It provides...