Supreme Court Refuses To Interfere With Ruling In Tata Steel Case, Upholds Entry Tax On H.R. Sheets

The Supreme Court of India on Monday declined to interfere with a ruling of the Allahabad High Court that hot rolled (H.R.) coils and H.R. sheets are not the same commodity, and that tax exemption available to coils cannot be claimed for sheets, thereby restoring entry tax and penalty against Tata Steel Processing and Distribution Ltd.A Bench of Justices Sanjay Kumar and Vipul M. Pancholi found no ground to interfere with the order of the Allahabad high court and dismissed the special leave...

LiveLawBiz Direct Tax Weekly Round-Up: April 13 - April 19, 2026

HIGH COURTSAllahabad HCDemonetisation Deposits From Cash In Hand Cannot Be Rejected Without Evidence: Allahabad High CourtCase Title : Principal Commissioner Of Income Tax I, v. Medharaj Techno Concept Pvt. Ltd. Thru. Authorized Person Case Number : INCOME TAX APPEAL No. - 4 of 2026 CITATION : 2026 LLBiz HC (ALL) 31The Allahabad High Court on 8 April held that where a taxpayer explains cash deposits during 2016 Indian demonetization as arising from cash in hand, the Assessing Officer cannot...

LiveLawBiz Arbitration Cases Weekly Digest: April 13- April 18, 2026

Nominal IndexVPS Healthcare Private Limited & Anr v. Prabhat Kumar Srivastava & Anr, 2026 LLBiz SC 150J&K Economic Reconstruction Agency v. Rash Builders India Private Limited, 2026 LLBiz SC 155Nagreeeka Indcon Products Pvt. Ltd. v. Cargocare Logistics (India) Pvt. Ltd., 2026 LLBiz SC 158CCDM Holdings LLC v The Republic of India S90/2025Austin Hyundai (Austin Distributors Pvt Ltd) v. Axalta Coating Systems India Pvt Ltd, 2026 LLBiz HC (DEL) 387MSA Global LLC (Oman) v. Engineering...

LiveLawBiz RERA Cases Weekly Digest: April 13- April 18, 2026

Nominal IndexNBCC (India) Ltd. v. NBCC Imperia Residents' Welfare Association (NIRWA) & Anr., 2026 LLBiz REAT (OD) 23 Jessica Arun Naidu & Ors. v. M/s Expat Projects and Development Pvt. Ltd. & Ors., 2026 LLBiz REAT (MH) 24Bitragunta Venkata Kalyana Chakravarthy and Others vs. Sobha Limited, 2026 LLBiz RERA(KA) 69Gourav Gupta & Anr. vs Mantri Developers Private Limited, 2026 LLBiz RERA(KA) 66Mridula Krishnapur v. Bangalore Development Authority, 2026 LLBiz RERA(KA) 68Subhash...

LiveLawBiz IBC Weekly Digest: April 13 - April 18

SUPREME COURT Appeal Filed By Suspended Director In Corporate Debtor's Name Not Maintainable After IRP Appointment: Supreme CourtCase Title : Nitendra Kumar Tomer, Suspended Director, Ambro Asia Private Limited versus Unox S.P.A. and another Case Number : Civil Appeal No. 3607 of 2026 CITATION : 2026 LLBiz SC 150The Supreme Court has dismissed an appeal filed by a suspended director of Ambro Asia Pvt. Ltd., holding that once an Interim Resolution Professional...

LiveLawBiz: Corporate Legal News Daily Round-Up: April 18, 2026

IPR Delhi HC Restrains Law Prep From Misusing 'LegalEdge' Mark, Orders Take Down AI Defamatory ContentDelhi High Court Dismisses Mahaveer Udyog's Appeal In Trademark Suit Over “Tiger” MarkIBC Supreme Court Flags Delay In Resolution Plan Approvals By NCLT, Seeks Data From Principal Bench, IBBISupreme Court Pulls Up RP, CoC Of Xalta Food For Defaulting On ₹50.55 Lakh Monthly Compensatory RentFreezing Bank Accounts Of Corporate Debtor During Insolvency Violates Moratorium: NCLT AhmedabadNCLAT...

Supreme Court Stays ₹14.91 Crore Customs Duty Recovery Against HP India, Issues Notice

The Supreme Court has stayed recovery pursuant to a Rs.14.91 crore customs demand against HP India Sales Pvt. Ltd. and issued notice in its appeal against a November 4, 2025 order of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT).HP India's appeal challenges the CESTAT Mumbai order, which upheld the classification of its imported “HP Latex printers” as inkjet printing machines instead of inkjet printers, leading to the duty demand along with interest and penalty under the...

Supreme Court Pulls Up RP, CoC Of Xalta Food For Defaulting On ₹50.55 Lakh Monthly Compensatory Rent

The Supreme Court on Thursday came down heavily on the Resolution Professional (RP) and Committee of Creditors (CoC) of Xalta Food and Beverages Pvt. Ltd. for failing to honour their statement on oath and resolution to pay monthly compensatory rent of about ₹50.55 lakh to the lessor, Prerna Singh, noting that despite such commitment, only partial payment of ₹33.83 lakh was made for April 2026. A Bench of Justices J.B. Pardiwala and K.V. Viswanathan reprimanded the RP and the CoC for failing to...

PMLA Appellate Tribunal Upholds ₹3.33 Crore Attachment Against Dr Jagdeesh Sagar, Wife In Vyapam PMT Scam

The Appellate Tribunal under the Prevention of Money Laundering Act has recently upheld the attachment of assets worth about Rs. 3.33 crore in the Vyapam-linked Pre-Medical Test (PMT) exam scam. It held that properties can be attached even if they are in the name of a spouse, as long as they are linked to proceeds of crime. A bench of member V. Anandarajan upheld the 2015 order confirming the Enforcement Directorate's actions against Dr. Jagdeesh Sagar and his wife Dr. Sunita Sagar. “In...

Supreme Court Flags Delay In Resolution Plan Approvals By NCLT, Seeks Data From Principal Bench, IBBI

Flagging delays in approval of resolution plans, the Supreme Court on Thursday sought details from the National Company Law Tribunal's Principal Bench in New Delhi and nationwide data from the Insolvency and Bankruptcy Board of India (IBBI).A Bench of Justice J.B. Pardiwala and Justice K.V. Viswanathan directed the NCLT's Principal Bench to provide the following details: “(i) How many applications for approval of resolution plans are pending? (ii) For how long are such applications pending? ...

LiveLawBiz: Corporate Legal News Daily Round-Up: April 17, 2026

IPRBombay High Court Protects Kartik Aaryan's Personality Rights, Orders Removal Of Infringing ContentDelhi High Court Corrects Error In Acharya Balkrishna's Personality Rights Order, Removes Bar On Meta, GoogleBombay High Court Grants Relief To NSE, Orders Suspension Of Domains, Takedown of Trademark-Infringing AccountsDelhi High Court To Pass Interim Order Protecting Actor Allu Arjun's Personality RightsIBC Supreme Court Dismisses Paharpur Plea Against Sinnar Thermal Power, Bars Arbitral Award...

'Can' In Arbitration Clause Implies Choice, No Mandatory Arbitration Without Clear Agreement: Supreme Court

The Supreme Court on Friday held that an arbitration clause using the word “can” does not make arbitration mandatory, ruling that parties cannot be compelled to arbitrate unless there is a clear and binding agreement to that effect under Section 7 of the Arbitration and Conciliation Act, 1996.A Division Bench of Justice Sanjay Karol and Justice Nongmeikapam Kotiswar Singh held that the clause in question only indicates a possibility of arbitration and not a binding obligation. “The clause...