Supreme Court Upholds Excise Duty On Pharmaceutical Samples Removed For Testing Over Record-Keeping Lapse

The Supreme Court has held that a taxpayer who fails to maintain the prescribed records for pharmaceutical samples removed for testing cannot avoid excise duty by contending that the goods had not attained marketability.It upheld the excise duty demand against Hicure Pharmaceuticals Pvt. Ltd.A bench of Justice K.V. Viswanathan and Justice Arun Palli applied its earlier decision in ITC Ltd. v. Collector of Central Excise to the facts of the case. Referring to that ruling, the bench observed, "It...

UNCITRAL's Next 60 Years Will Be About Inclusive, Tech-Responsive Commercial Law: AG R. Venkatramani

Attorney General R. Venkatramani on July 24 said that the next 60 years of the United Nations Commission on International Trade Law (UNCITRAL) would be about ensuring international commercial law remains inclusive, technologically responsive and truly global. He said this would be critical as international trade and commerce continue to evolve. Delivering the welcome address at the international conference commemorating UNCITRAL's 60th anniversary, Venkatramani said the Commission had spent the...

LiveLawBiz IPR Weekly Digest: July 20 - July 26, 2026

SUPREME COURTSupreme Court Appoints Amicus Curiae In Patent Case Over Human-AI Integration Technology Case Title: Caleb Suresh Motupalli v. Controller Of PatentsCase Number: SPECIAL LEAVE PETITION (CIVIL) Diary No(s). 20319/2026The Supreme Court has appointed Senior Advocate Swathi Sukumar as Amicus Curiae in a patent dispute concerning an invention that claims to enhance human capabilities by integrating them with artificial intelligence. The inventor describes the technology as creating a...

LiveLawBiz: Corporate Legal News Daily Round-Up: July 27, 2026

IBC IBC Moratorium Applies Only To Corporate Debtor, Not Directors Or Promoters: Supreme CourtNCLT Delhi Rejects Elite Design's ₹1.43 Cr Insolvency Plea Against Colorbar Over Pre-Existing DisputeNCLT Ahmedabad Dismisses Jindal's Insolvency Plea Against Kunal Structure For Failing IBC ThresholdImpleadment Plea Can't Be Rejected Because Locus Standi Was Challenged Before It: NCLT BengaluruIPR Centre's Order To Change Similar Company Name Can't Be Invalid Because It Was Triggered By Complaint:...

LiveLawBiz Indirect Tax Weekly Round-Up: July 20 - July 26, 2026

SUPREME COURTSupreme Court Holds BPCL, HPCL Liable For ₹16.6 Crore Service Tax For Marketing MGL's CNGCase Title : Commissioner of Service Tax, Mumbai v. M/s Bharat Petroleum Corporation Ltd. & Ors. Case Number : Civil Appeal Nos. 2471–2473 of 2015 CITATION : 2026 LLBiz SC 243The Supreme Court on Monday held that Bharat Petroleum Corporation Ltd. (BPCL) and Hindustan Petroleum Corporation Ltd. (HPCL) are liable to pay more than ₹16.6 crore in service tax for facilitating the sale of...

IBC Moratorium Applies Only To Corporate Debtor, Not Directors Or Promoters: Supreme Court

The Supreme Court on Monday held that the moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016, operates only against the corporate debtor. It ruled that courts or adjudicating authorities cannot enlarge its scope to cover directors, promoters, subsidiary companies, personal guarantors or any other persons unless the statute expressly provides so.The court observed that the scope of the moratorium is statutory and must remain confined to what Section 14 contemplates.A bench of...

LiveLawBiz Direct Tax Weekly Round-Up: July 20 - July 26, 2026

SUPREME COURTSupreme Court Refuses To Entertain PIL Seeking Transfer Of Benami Act Appeals To ITAT, Allows RepresentationCase Title : PARVEEN KUMAR BANSAL Versus UNION OF INDIA AND ORS. Case Number : W.P.(C) No. 843/2026The Supreme Court on Tuesday declined to entertain a PIL seeking transfer of appellate jurisdiction under the Prohibition of Benami Property Transactions Act, 1988 (PBPT Act) from the Appellate Tribunal constituted under the Prevention of Money Laundering Act (PMLA) to the...

Vedanta Oil Block Contract Extension: Delhi High Court Asks Centre To Clarify If Rejection Was A Policy Decision

The Delhi High Court on Monday asked the Union Government to clarify in an affidavit whether its decision refusing to extend Vedanta Ltd.'s Production Sharing Contract (PSC) for an oil block off the Gujarat coast was based on a broader policy decision. The court asked whether the refusal was aimed at securing higher public revenue from petroleum resources or moving away from extending legacy PSCs, or whether it was confined to the reasons recorded in the Ministry of Petroleum and Natural Gas's...

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

Nominal IndexM/s Aliens Developers Private Limited v Telangana Real Estate Regulatory Authority & Anr, 2026 LLBiz REAT(TS) 49Rakesh Kumar Sharma v Union of India & Ors, 2026 LLBiz REAT(RJ) 47Air Force Naval Housing Board v Sukhveer Singh Shekhawat (and connected matters), 2026 LLBiz REAT(RJ) 48M/s ODI-Tech Properties Pvt Ltd v Oditech Pride Buyers Association & Ors, 2026 LLBiz REAT(OD) 50M/s Bennett Property Holdings Company Ltd v M/s PNB Techwaves Pvt Ltd & Ors, 2026 LLBiz...

Delhi High Court Orders Takedown Of 'Kala Hiran' Teaser, Related Clips In Salman Khan's Personality Rights Suit

The Delhi High Court on Monday directed that all disputed links, including the teaser of movie Kala Hiran and other online content identified by actor Salman Khan in his personality rights suit, be taken down within 24 hours. The court further directed that if the uploaders failed to remove the content within that period, the platforms hosting it would take it down within the next 24 hours. Justice Jyoti Singh was hearing Khan's interim application in his personality rights suit against the...

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

Nominal Index NASR ULLAH KHAN v ONE97 COMMUNICATIONS LIMITED & ORS, 2026 LLBiz SC 245 South Delhi Municipal Corporation v M/s Delhi Gurgaon Super Connectivity Limited, 2026 LLBiz HC(DEL) 727 Cosmo Retail Solutions Private Limited v Sumant Agarwal & Ors, 2026 LLBiz HC(DEL) 716 Resilient Innovations Private Limited (BharatPe) v Unity Small Finance Bank Limited & Ors, 2026 LLBiz HC(DEL) 735 Spectrum Power Generation Limited v GAIL India Limited, 2026 LLBiz HC(DEL) 733 National...

LiveLawBiz IBC Weekly Digest: July 20 - July 25, 2026

SUPREME COURT Supreme Court Issues Notice On Venugopal Dhoot's Plea To Include Videocon Foreign Oil Assets In VIL InsolvencyCase Title: VENUGOPAL DHOOT vs VOVL LIMITED Case Number: C.A. 8718/2026The Supreme Court on Tuesday issued notice in an appeal filed by Videocon Group founder Venugopal Dhoot. The appeal challenges the National Company Law Appellate Tribunal's (NCLAT) May 14, 2026, decision refusing to include the foreign oil and gas assets of Videocon Oil Venture Ltd. (VOVL) and its...