Supreme Court Appoints Former CJI B R Gavai To Mediate Veda Seed- Kohinoor Trademark Dispute

The Supreme Court on Friday appointed former Chief Justice of India Justice B.R. Gavai to mediate a trademark dispute between Veda Seed Sciences Pvt. Ltd and Kohinoor Seed Fields India Pvt. Ltd., while staying further proceedings in the suit before the Delhi High Court. A Bench of Justices K.V. Viswanathan and Atul S. Chandurkar recorded that the parties had “favourably responded to the suggestion of the Court that an amicable resolution of the dispute be explored through the process of...

S.130 CGST | GST Law Does Not Allow Provisional Release of Goods Seized During Confiscation Proceedings: Kerala High Court

The Kerala High Court on Friday held that GST authorities cannot release seized goods during confiscation proceedings merely because the trader pays the fine proposed in a show cause notice. Justice Ziyad Rahman A.A. ruled that Section 130(2) of the Central Goods and Services Tax Act permits payment of a fine in lieu of confiscation only after a final confiscation order is passed. “Mere notice to initiate confiscation proceedings will not amount to authorisation for confiscation,” the court...

A.R. Rahman Undertakes To Credit Dagar Brothers In 'Veera Raja Veera' Song; Supreme Court Closes Dagar's Appeal

Music composer A.R. Rahman on Friday undertook before the Supreme Court of India to give credit to Late Ustad Faiyazuddin Dagar and Late Ustad Zahiruddin Dagar in relation to the song “Veera Raja Veera” from Ponniyin Selvan II. The court accordingly closed the appeal filed by Dhrupad vocalist Ustad Faiyaz Wasifuddin Dagar against a division bench order of the Delhi High Court that had modified interim relief granted in the copyright dispute. A bench of Chief Justice Surya Kant and Justices...

Supreme Court Dismisses JSW Steel's Plea Against ₹127.66 Crore Recovery in Bomman Iron Ore Lease Dispute

The Supreme Court on Thursday dismissed a Special Leave Petition filed by JSW Steel Limited challenging a Karnataka High Court order that had refused to restrain recovery of Rs 127.66 crore and invocation of its bank guarantees over alleged non-compliance with minimum production requirements under the Bomman Iron Ore Mining Lease.A bench comprising the Chief Justice Surya Kant, Justice Joymalya Bagchi and Justice Vipul M Pancholi declined to interfere with the High Court's order. “We see no...

United India Insurance Bid-Rigging Case: Supreme Court Tags CCI Appeal Over ₹32.76 Lakh Interest With Penalty Appeal

The Supreme Court on Friday deferred to March the hearing of the Competition Commission of India's appeal challenging a Delhi High Court judgment that had quashed its demand of Rs. 32.76 lakh as interest for alleged delay in payment of a bid-rigging penalty imposed on United India Insurance Company Ltd. A Bench of Justices K.V. Viswanathan and Atul S. Chandurkar was informed by Attorney General R. Venkataramani, appearing for the CCI, that a connected civil appeal challenging the reduction of...

LiveLawBiz: Business Law Daily Round-Up: February 19, 2026

IBC S. 7 IBC | Corporate Debtor's Inability To Pay Not Relevant For CIRP Plea Admission: Supreme Court'Not an Ordinary Business Transaction': NCLAT Upholds Order Treating ₹19.66 Lakh Paid To Director As PreferentialActive DIN Status Not Sufficient To Establish Eligibility To Submit Resolution Plan Under IBC: NCLT IndoreIPRDelhi High Court Asks Singer Jubin Nautiyal Why He Filed Personality Rights Suit In Delhi Despite Being Based in UttarakhandUnited Breweries Secures Trade Mark Registration For...

Supreme Court Issues Notice In Challenge To CESTAT Ruling That Customs Cannot Alter FOB Value Of Goods

The Supreme Court recently issued notice on an appeal filed by the Commissioner of Customs (Appeals) against a ruling of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, which held that Customs officers cannot alter the Free on Board (FOB) value agreed upon between a buyer and seller. A Bench of Justice Pamidighantam Sri Narasimha and Justice Alok Aradhe directed that the matter be heard along with a connected appeal. The tribunal had framed the issue succinctly:...

United Breweries Secures Trade Mark Registration For Kingfisher Sound Mark “Oo La La La La Le O”

United Breweries Limited has secured a registration for the sound trade mark associated with its Kingfisher brand, with the Trade Marks Registry issuing a certificate of registration for the jingle popularly rendered as “Oo La La La La Le O” under the Trade Marks Act, 1999. The registration, granted by the Trade Marks Registry, Mumbai, confers statutory exclusive rights on United Breweries Limited over the auditory brand asset, which has been extensively deployed in advertising and brand...

Delhi High Court Condones Late Filing By Avantha Holdings, Applies “Parity” Against Bank's Own Delay

The Delhi High Court on 12 February condoned a 14-day delay by Avantha Holdings Limited in filing its written statement in recovery proceedings, holding that procedural fairness requires parity when the creditor bank itself delayed service of summons by nearly a month. A Division Bench of Justices Vivek Chaudhary and Renu Bhatnagar allowed a writ petition filed by Avantha Holdings against ICICI Bank Limited, observing that a tribunal cannot ignore substantial delay by one party while...

S. 7 IBC | Corporate Debtor's Inability To Pay Not Relevant For CIRP Plea Admission: Supreme Court

The Supreme Court on Wednesday reaffirmed that the Adjudicating Authority cannot refuse to admit a financial creditor's plea under Section 7 of the Insolvency and Bankruptcy Code on the ground of the corporate debtor's inability to pay. The only question at the admission stage is whether a financial debt exists and whether there has been a default. The inability of the corporate debtor to pay is not required to be examined at this stage. Dismissing an appeal filed by Power Trust, promoter...

Supreme Court Restores Breach-Of-Injunction Proceedings In 'HERO' Trademark Dispute Between Hero Cycles and Hero Ecotech

The Supreme Court recently revived proceedings for alleged breach of an injunction in the long-running “HERO” trademark dispute between Hero Cycles Limited and Hero Ecotech Limited. A bench of Justices B.V. Nagarathna and Ujjal Bhuyan set aside a September 3, 2025 judgment of the Patna High Court, which had quashed a 2019 trial court order directing initiation of contempt proceedings against Hero Ecotech and others for alleged breach of an injunction. The High Court had held that the trial...

Anil Ambani Assures Supreme Court He Won't Leave India Amid ED-CBI Probe Into Alleged ₹40,000 Crore ADAG Loan Fraud

Industrialist Anil Ambani on February 18 filed an affidavit before the Supreme Court undertaking that he will not travel outside India without prior permission of the court and will fully cooperate with ongoing investigations by the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) into alleged irregularities involving companies of the Anil Dhirubhai Ambani Group (ADAG). The affidavit was filed in response to a 2025 writ petition by former bureaucrat E.A.S. Sarma...