NCLT Mumbai Says Mumbai, Delhi Airport Operators Are Unsecured Creditors In Jet Airways Liquidation

The National Company Law Tribunal (NCLT), Mumbai Bench, has recently held that Mumbai International Airport Ltd (MIAL) and Delhi International Airport Ltd (DIAL) are not secured creditors in the liquidation of Jet Airways (India) Ltd, rejecting their contention that airport regulations conferred a lien over aircraft for unpaid dues“Hence, we are of considered view that the applicant is an unsecured creditor and its claims is to be dealt with accordingly,” the tribunal held. Jet Airways was...

Baba Ramdev Approaches Delhi High Court Over Deepfakes, Seeks Protection of Personality Rights

Yoga guru and Patanjali Ayurved co-founder Baba Ramdev has moved the Delhi High Court on Tuesday (February 17) seeking protection of his personality rights. The matter was listed before Justice Jyoti Singh and was briefly heard. It has now been kept for further hearing on Wednesday. Ramdev seeks an injunction against the unauthorised use of his name, likeness, voice and distinctive style of discourse on digital platforms. The plea targets “John Doe” defendants allegedly using artificial...

Supreme Court Dismisses Aspek Media Plea Against Delhi HC Order Impleading Directors In Arbitral Award Execution

The Supreme Court has recently dismissed a special leave petition filed by Aspek Media Pvt. Ltd. and others against Entertainment City Limited, declining to interfere with a Delhi High Court order in an arbitration matter. A Bench of Justices J.K. Maheshwari and Atul S. Chandurkar said: “After hearing learned counsel, we see no reason and ground to interfere with the order impugned. Accordingly, the special leave petition is dismissed.” The SLP arose from execution proceedings before the...

Actor Shatrughan Sinha Moves Bombay High Court To Protect 'Personality Rights' And Iconic Dialogue 'Khamosh'

Veteran Bollywood actor and Member of Parliament Shatrughan Sinha has moved the Bombay High Court seeking to protect his personality and publicity rights.The commercial suit, heard by a single-judge bench of Justice Sharmila Deshmukh, alleges the unauthorised use of Sinha's name, image, likeness, and his signature catchphrase, "Khamosh!" The court has reserved the matter for ad-interim orders on Monday. The suit, filed through Sinha's son and Power of Attorney holder, Luv Sinha, describes...

Aakash Undertakes Before Supreme Court To Secure Byju's Parent's 25.75% Stake In Aakash Pending Rights Issue Dispute

The Supreme Court on Tuesday disposed of an appeal filed by Think & Learn Pvt Ltd, the parent company of Byju's, after recording a statement on behalf of Aakash Educational Services Ltd that 25.75% of stake in Aakash shall remain secured till the disposal of a pending interlocutory application before the National Company Law Appellate Tribunal (NCLAT), Chennai. The top court also granted Think & Learn one more week's time till next Monday to subscribe to the second tranche of Aakash's...

Decrees Cannot Be Turned into “Paper Tigers” by Permitting Post-Award Property Transfers: Supreme Court

The Supreme Court has reaffirmed that a person who purchases disputed property after the passing of an arbitral award cannot obstruct its attachment in execution proceedings. A Bench of Justice Pankaj Mithal and Justice S.V.N. Bhatti warned that permitting such objections would derail the execution process, causing proceedings to get trapped “in an infinite loop and practically never get completed,” and reducing decrees to mere “paper tigers.” The court emphasised its ruling in Jini...

LiveLawBiz: Business Law Daily Round-Up: February 16, 2026

IBC CoC Members Entitled Only To Fair And Liquidation Value, Not Full Valuation Reports: NCLAT ChennaiOperational Creditor Cannot Vote on Its Own Resolution Plan; Such Approval A “Material Irregularity” Under IBC: NCLATNCLAT Affirms NCLT New Delhi Order Rejecting Insolvency Plea Against Bajaj AppliancesOnce Arbitral Award Holder Files CIRP Claim, Execution Under Arbitration Law Not Maintainable: Delhi High CourtNCLT Delhi Appoints Two-Member Committee To Monitor Jaypee Infratech Project...

Supreme Court Grants Bail In Alleged Online Investment Fraud Case

The Supreme Court on Monday granted bail to Paramjit Kharb in a case arising out of an alleged online investment fraud involving the use of bank accounts opened in the name of “R.S. Trading,” holding that “the case for bail is made out.” A Bench of Justice B.V. Nagarathna and Justice Ujjal Bhuyan allowed the appeal challenging the Delhi High Court's order refusing regular bail. The Court observed, “Considering the facts on record, in our view, the case for bail is made out,” and directed that...

Supreme Court Deems Jamia Hamdard's Consent Of Affiliation Granted To HIMSR, Protects 49 PG Admissions

The top court said the direction was being issued in the peculiar facts of the arbitration dispute between two branches of the Hamdard family.

Indirect Tax Weekly Round-Up: February 09 - February 15, 2026

SUPREME COURTSupreme Court Issues Notice On Challenge To Delhi HC View That Customs Need Not Communicate Adjudication Time ExtensionCase Title : PRANIJ HEIGHTS INDIA PVT LTD Vs THE JOINT COMMISSIONER OF CUSTOMS FOR ADMISSION Case Number : Special Leave to Appeal (C) No(s). 3246/2026The Supreme Court recently (February 6) issued notice in a challenge to a Delhi High Court ruling that held that customs authorities were not required to communicate an extension granted for completing adjudication...

Direct Tax Weekly Round-Up: February 09 - February 15, 2026

SUPREME COURTSupreme Court Issues Notice In Plea Challenging Punjab and Haryana HC Ruling Against AO Consulting Superiors Before IT AssessmentCase Title : DEPUTY COMMISSONER OF INCOME TAX CENTRAL CIRCLE 01 CHANDIGARH & ANR. VS FINDOC FINVEST PRIVATE LIMITED Case Number : Diary No. 71435/2025The Supreme Court on Monday issued notice on an appeal by the Income Tax Department against a Punjab and Haryana High Court judgment that held that an Assessing Officer abdicated his quasi-judicial...

Byju's Parent Moves Supreme Court To Stall Second Tranche Of Aakash ₹240 Crore Rights Issue

Think & Learn Pvt. Ltd., which owns edtech major Byju's, has moved the Supreme Court against a National Company Law Appellate Tribunal (NCLAT) order that allowed Aakash Educational Services Ltd. to proceed with the second tranche of its Rs. 240 crore rights issue. The NCLAT permitted Think & Learn to apply for shares up to its original 25.75% entitlement. It also restrained Aakash from taking up any matter requiring a special resolution until the dispute is decided. A bench of Justices...