Supreme Court Quashes Criminal Proceedings Against Filmmaker Sujoy Ghosh In 'Kahani 2' Copyright Case

The Supreme Court on Friday quashed criminal proceedings against filmmaker Sujoy Ghosh in a copyright infringement case relating to the film “Kahani 2," setting aside the summoning order issued against him by the CJM Hazaribagh and the subsequent refusal of the Jharkhand High Court to quash the case.A bench of Justices Pamidighantam Sri Narasimha and Alok Aradhe, while allowing Ghosh's petition, said:“In the result, the summoning order dated 07.06.2018 passed by the CJM and order dated...

LiveLawBiz: Corporate Legal News Daily Round-Up: March 19, 2026

IBC NCLT Bengaluru Dismisses Insolvency Plea By Operational Creditor Against Wipro Over Pre-Existing DisputeThird-Party Impleadment Not Ordinarily Contemplated In Section 7 CIRP At Pre-Admission Stage: NCLT HyderabadInterest In Invoices Without Acceptance By Corporate Debtor Cannot Count Toward Threshold Under IBC: NCLT AhmedabadS.94 IBC | Parallel SARFAESI, DRT Proceedings No Bar To Personal Guarantor Insolvency: NCLT IndoreLender's Relinquishment Of Security In Borrower Liquidation Does Not...

NCLT Bengaluru Dismisses Insolvency Plea By Operational Creditor Against Wipro Over Pre-Existing Dispute

The National Company Law Tribunal (NCLT) at Bengaluru on Wednesday dismissed an insolvency petition filed against Wipro Ltd, holding that a pre-existing dispute regarding the supply and quality of biometric devices barred initiation of the Corporate Insolvency Resolution Process. A coram of Judicial Member Sunil Kumar Aggarwal and Technical Member Radhakrishna Sreepada held that insolvency proceedings cannot be invoked as a substitute for recovery of disputed contractual claims. “The...

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

COMPETITION LAW CCI Closes Anti-Competitive Conduct Case Against Rapido, Says Bike Taxi Permit Issue Falls Under MV ActIBC NCLT Allahabad Approves Adani's ₹15,000 Crore Resolution Plan For Jaiprakash AssociatesOjas Tradelease CIRP: NCLT Mumbai Sets Aside 21-Year Acropolis Mall Lease As Fraudulent Under IBCIBC Does Not Require Same Due Date On All Invoices For Insolvency Plea: NCLT MumbaiBombay High Court Flags Misuse Of IBC By Borrowers To Stall SARFAESI Recovery After Auction SalePersonal...

Supreme Court Dismisses Centre's SLP Against Gujarat HC Order Granting IGST Refund Despite GST Return Error

The Supreme Court has recently dismissed a Special Leave Petition filed by the Union of India challenging a Gujarat High Court judgment that directed the grant of an IGST refund to an exporter despite errors in GST returns. A bench of Justice Pamidighantam Sri Narasimha and Justice Alok Aradhe, while hearing the matter, refused to interfere with the High Court's decision but kept open the question regarding the applicability of the proviso to Rule 96 of the CGST Rules for consideration in an...

CCI Closes Anti-Competitive Conduct Case Against Rapido, Says Bike Taxi Permit Issue Falls Under MV Act

The Competition Commission of India on Tuesday rejected allegations of anti-competitive conduct against Rapido's parent company Roppen Transportation Services Pvt. Ltd., holding that the dispute relates to regulatory issues under the Motor Vehicles Act and not competition law.The order dated March 17, 2026 was passed by a Coram comprising Chairperson Ravneet Kaur and Members Anil Agrawal, Sweta Kakkad, and Deepak Anurag. “The Commission notes that the crux of the allegation raised by the...

Gujarat High Court Sets Aside GST Order After Taxpayer's Request For Personal Hearing Was Ignored

The Gujarat High Court has set aside an adjudication order passed under the Central Goods and Services Tax Act, 2017, on the ground of violation of principles of natural justice, holding that failure to grant a personal hearing despite specific requests vitiates the proceedings. A Division Bench comprising Justice A.S. Supehia and Justice Pranav Trivedi was dealing with a writ petition filed by K.D. Engineers challenging an order-in-original dated August 20, 2025, and a consequential demand...

NCLT Technical Member Moves Delhi HC Against Acting President Appointment, Claims He Is Senior-Most

NCLT Technical Member Kaushalendra Kumar Singh on Wednesday moved the Delhi High Court, challenging the appointment of Justice Bachu Venkat Balaram Das as Acting President of the National Company Law Tribunal.The petition challenges the Ministry of Corporate Affairs notification dated March 16, 2026, which appointed Member (Judicial) Bachu Venkat Balaram Das as acting president after the completion of the term of then Acting President Deep Chandra Joshi.The matter arises after a vacancy occurred...

'Tale Of Two Countries': Delhi High Court Says Peru, Chile Both Linked To PISCO, Refuses Exclusive GI To Peru

The Delhi High Court on Wednesday affirmed that Peru cannot claim the exclusive, standalone “PISCO” geographical indication (GI) for its national spirit in India, holding that the name is historically associated with alcoholic beverages produced in both Peru and Chile and granting Peru sole rights would lead to consumer confusion. Calling the dispute a “Tale of Two Countries,” a Division Bench of Justice C. Hari Shankar and Justice Om Prakash Shukla was dealing with an appeal filed by the...

Delay In Taking Possession Of Secured Asset Not Ground To Close Section 14 SARFAESI Proceedings: Supreme Court

The Supreme Court on Tuesday held that a Chief Judicial Magistrate (CJM) is under a statutory obligation to ensure execution of a warrant of possession under Section 14 of the SARFAESI Act and cannot close proceedings merely because possession could not be taken within the prescribed time limit. The top court cautioned that the secured creditor cannot be made to run from pillar to post for recovery.A bench of Justices Pamidighantam Sri Narasimha and Alok Aradhe was hearing an appeal filed by...

Diversion Of Preferential Issue Funds For Undisclosed Purpose Amounts To Fraud Under PFUTP Regulations: Supreme Court

The Supreme Court on Tuesday held that diversion of funds raised through a preferential issue for purposes not disclosed in the notice of the Extraordinary General Meeting (EoGM) convened to approve the allotment amounts to a violation of securities law and constitutes fraudulent conduct under the SEBI (Prohibition of Fraudulent and Unfair Trade Practices) Regulations (PFUTP). A bench of Justices J.B. Pardiwala and K.V. Viswanathan made the ruling while allowing appeals filed by the Securities...

Writ Petition Against GST Show Cause Notice Not Maintainable: Supreme Court

The Supreme Court on 27 February dismissed a Special Leave Petition filed by Trillion Lead Factory Pvt. Ltd., which challenged the Telangana High Court's refusal to interfere with a show cause notice proposing cancellation of its GST registration. A Division Bench comprising Justice Aravind Kumar and Justice Prasanna B. Varale held: “It is trite law that no writ lies against the issuance of a show cause notice, and such a writ petition would not be maintainable.” The case arose from a show...