Supreme Court Stays NCLAT Ruling That Set Aside CCI's Clean Chit To Chettinad Coal Terminal

The Supreme Court on Monday stayed the operation of a ruling of the National Company Law Appellate Tribunal that had set aside the Competition Commission of India order clearing Chettinad International Coal Terminal Pvt. Ltd. (CICTPL) of abuse of dominance in the market for provision of common user coal terminal services at Kamarajar Port, while issuing notice in the matter.The top court was hearing a plea filed by CICTPL against the NCLAT's January 21, 2026 judgment, which had overturned the...

LiveLawBiz Arbitration Cases Weekly Digest: April 20- April 25, 2026

Nominal IndexV.K. John S. Mukanchand Bothra and HUF (Died) Represented By Lrs. & Ors., 2026 LLBiz SC 163Home Care Retail Marts Pvt. Ltd. v. Haresh N. Sanghavi, 2026 LLBiz SC 168UPM Kymmene Corporation v. The State Trading Corporation of India Ltd., 2026 LLBiz HC (DEL) 413Delhi Jal Board v. M/s Metro Waste Handling Private Limited, 2026 LLBiz HC (DEL) 394Titagarh Rail Systems Limited v. Railway Board, Ministry of Railways, 2026 LLBiz HC (DEL) 406Indian Sugar Exim Corporation Limited v. Sakuma...

LiveLawBiz IBC Weekly Digest: April 20 - April 25

SUPREME COURT Insolvency Process Has Far-Reaching Consequences, Cannot Be Used To Enforce Money Decrees: Supreme Court Case Title : Anjani Technoplast Ltd v. Subh Gautam Case Number : Civil Appeal No. 8247 of 2022 CITATION : 2026 LLBiz SC 167The Supreme Court on Thursday held that insolvency proceedings under the Insolvency and Bankruptcy Code, 2016 cannot be invoked as a substitute for execution of a civil court decree. A Bench of Justices Pamidighantam Sri...

LiveLawBiz RERA Cases Weekly Digest: April 20- April 25, 2026

Nominal IndexSanroyal Builders and Contractors Pvt Ltd & Anr v. Divya Balu, 2026 LLBiz HC(KER) 67Vandana Parvez v. IVR Hotels and Resorts Ltd & Ors., 2026 LLBiz HC (MAD) 104Nidhi Sao v. Greenearth Infraventures Private Limited, 2026 LLBiz HC (CHH) 10M/s Sai Enterprises v. Sangeeta Ravi Punjabi & Ors., 2026 LLBiz HC (BOM) 232Soumya Ranjan Jena v. Priyata Lipsa & Ors., 2026 LLBiz REAT (OD) 25Kamlesh Valji Balsara & Anr. v. M/s Shree Siddhivinayak Infrastructure and Realty &...

LiveLawBiz: Corporate Legal News Daily Round-Up: April 25, 2026

BANKING/NBFC RBI Imposes ₹80 Thousand Penalty On Muthoot Housing Finance For Fair Practice Code ViolationRBI Imposes ₹41.80 Lakh Penalty On Bandhan Bank For KYC, Regulatory LapsesRBI Cancels Paytm Payments Bank Licence, Cites Harm To Depositors' InterestsIBC Supreme Court Asks NCLAT To Consider Whether Court-Constituted Committee Is Needed For All Supertech ProjectsLimitation Against Personal Guarantor Starts From Guarantee Invocation, Not Corporate Default: NCLT KolkataNCLAT Sets Aside...

Search Under IT Act Is Person-Centric; Premises Don't Decide 'Searched Person': Karnataka High Court

Holding that a “searched person” under the Income Tax Act is determined by the person against whom statutory satisfaction is recorded and not by whose premises are searched, the Karnataka High Court on Friday ruled that a taxpayer cannot be treated as a searched person merely because a search was conducted at his premises.The ruling came in a case where the tax department initiated proceedings against the taxpayer under Section 153C based on documents seized during a search conducted at his...

Supreme Court Asks NCLAT To Consider Whether Court-Constituted Committee Is Needed For All Supertech Projects

The Supreme court recently requested the NCLAT to examine whether a court-constituted committee should oversee all projects of Supertech Ltd or whether such monitoring should continue only for the 16 projects already entrusted to NBCC, noting the urgency arising from stalled developments.A bench of Chief Justice Surya Kant and Justice Joymalya Bagchi, while referring the issue to the appellate tribunal, said:“In this view of the matter, we request the learned NCLAT to consider the issue as...

Supreme Court Refuses To Interfere With Madras HC Ruling That Contempt Can't Enforce Unquantified Royalty

The Supreme Court on Friday refused to interfere with a Madras High Court ruling that contempt proceedings were not maintainable where royalty claims had not been quantified, holding that non-payment of an unascertained amount cannot amount to willful disobedience. Dismissing the Special Leave Petitions filed by the South India Music Companies Association (SIMCA), a bench of Justices Dipankar Datta and Satish Chandra Sharma said, “We are not inclined to interfere with the impugned judgment(s)...

LiveLawBiz: Corporate Legal News Daily Round-Up: April 24, 2026

COMPETITION LAW Supreme Court Dismisses Plea Against NCLAT Ruling That CCI Need Not Put Informant On Notice At Prima Facie StageIPR Delhi Court Restrains Siliguri Traders From Dealing In Fake “GARNIER” ProductsSupreme Court Issues Notice In Ideal Jawa Liquidator's Plea Against Classic Legends Over Yezdi TrademarkDelhi Court Dismisses Rado, Swatch Group Trademark Suit Against Local TraderDelhi High Court Upholds Injunction Against Flipkart's 'MARQ' Mark in Trademark DisputePMLA Supreme Court...

RBI Cancels Paytm Payments Bank Licence, Cites Harm To Depositors' Interests

The Reserve Bank of India (RBI) on Friday cancelled the banking licence of Paytm Payments Bank Limited, citing serious regulatory breaches and conduct that it said was harmful to depositors' interests. With the cancellation taking effect from the close of business on April 24, 2026, the bank is barred from undertaking any banking activity as defined under Section 5(b) of the Banking Regulation Act, 1949, or any additional business under Section 6, with immediate effect. The regulator said it...

Supreme Court Issues Notice On Former Excise Commissioner's Plea Seeking Bail In Chhattisgarh Liquor Scam Case

The Supreme Court on Friday issued notice in a plea by Niranjan Das, former Excise Commissioner, challenging the denial of bail in a money laundering case linked to the alleged Multi-Crore Chhattisgarh liquor scam. A bench of Chief Justice Surya Kant and Justices Joymalya Bagchi and Vipul M. Pancholi listed the matter for hearing on May 18. The case pertains to allegations that illegal liquor operations were carried out through State-run outlets, generating proceeds of crime through a...

Unsuccessful Party Can Seek Interim Relief Under Arbitration Act: Supreme Court

The Supreme Court of India on Friday held that any party to an arbitration agreement, including one that has been unsuccessful in arbitral proceedings and has no enforceable award in its favour, is entitled to seek interim relief under Section 9 of the Arbitration and Conciliation Act, 1996. It clarified that such relief can be sought at the post-award stage but before enforcement. A Bench of Justice Manmohan and Justice Manoj Misra observed that “Section 9 of the Act commences with the...