UK Court Orders Raj Kundra To Repay $4.94 Million To EMV In Rajasthan Royals Shareholding Dispute

Alongside the repayment order, the court permanently barred Raj Kundra and Kuki Investments Ltd. from pursuing parallel proceedings in India over the settlement agreement.

Supreme Court Directs AIIMS Medical Board To Assess Punjab Minister Sanjeev Arora's Health On Bail Plea In PMLA Case

The Supreme Court on Monday directed that Aam Aadmi Party (AAP) MLA and Punjab Cabinet Minister Sanjeev Arora be shifted from Fortis Hospital in Gurugram to the All India Institute of Medical Sciences (AIIMS), New Delhi. The court asked a Medical Board at AIIMS to examine his health and submit its report within two days. Arora has sought interim bail in an Enforcement Directorate case under the Prevention of Money Laundering Act (PMLA), citing serious cardiac ailments.A bench of Justices Satish...

Sitting Judge Moves Allahabad HC Against Denial of Exemption On Statutory Allowances Under New Income Tax Regime

The court called for instructions from the State on the plea, observing that the interim relief sought was in the nature of final relief.

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

Nominal IndexNavaratan Jhunjhunwala & Anr. v. Karnataka Real Estate Appellate Tribunal & Ors., 2026 LLBiz HC(KAR) 119Sneha Sachhanand Tejwani v. The State of Maharashtra & Ors., 2026 LLBiz HC (BOM) 394Reeta Structurals Pvt. Ltd. & Ors. v. Manmath Kumar Pradhan & Anr., 2026 LLBiz REAT (OD) 44Bhawani Construction Pvt. Ltd. v. Odisha Real Estate Regulatory Authority (ORERA), 2026 LLBiz REAT (OD) 45M/s. Adarsh Nivaas Private Limited v. Anil Kumar Kurra & Anr., 2026 LLBiz REAT...

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

Nominal IndexManash Kamal Bezboruah v. Bokahola Tea Company Private Limited & Ors., 2026 LLBiz SC 239A.K. Ghosh & Company and Others v. Biman Bose and Others, 2026 LLBiz SC 237Mahanagar Telephone Nigam Limited v. M/s Rukma Decor and Construction Company, 2026 LLBiz HC (DEL) 714Turner Morrison Ltd. v. Rani Parvati Devi & Anr., 2026 LLBiz HC (DEL) 713Indian Oil Corporation Limited v. Toyo Engineering Corporation & Anr., 2026 LLBiz HC (DEL) 709Supreme Advertising Private Limited v....

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

IBCPending Compromise Scheme No Bar To Insolvency Proceedings: NCLAT Gratuity Payable To Retiring Employee Cannot Be Equated With Salary, Not Part Of CIRP Costs: NCLAT NCLT Kochi Recalls Oral Order Minutes After Pronouncement Over Undisclosed Facts Dismissal Of DRT Recovery Case For Default Does Not Bar Insolvency Proceedings Against Personal Guarantor: NCLAT Small Operational Creditors Are 'Significantly Disenfranchised': Supreme Court Urges Review Of IBC Framework TAXCalcutta High Court...

LiveLawBiz IBC Weekly Digest: July 13 - July 18, 2026

SUPREME COURT Pre-2016 DRT Recovery Certificate Cannot Trigger Insolvency Under Presidency Towns Insolvency Act: Supreme Court Case Title : H.D.F.C. BANK LIMITED VERSUS KISHORE K. MEHTA (DEAD) THR. LRS. Case Number : CIVIL APPEAL NO. 4211 OF 2010 CITATION : 2026 LLBiz SC 234The Supreme Court on Monday held that a recovery certificate issued by a Debt Recovery Tribunal (DRT) before the 2016 amendment to the Recovery of Debts and Bankruptcy Act cannot be treated as a decree or order for...

Finance Ministry's High-Value Arbitration Policy Conflicts With India's Declared Policy: Justice Ujjal Bhuyan

Supreme Court judge Justice Ujjal Bhuyan on Saturday criticized the Finance Ministry's policy discouraging arbitration in high-value government contracts, saying its guidelines are "clearly in conflict with India's declared policy and international commitments."Justice Bhuyan made the remarks while delivering his keynote address at an event titled "Arbitration in India: Reform, Relevance & the Road Ahead" organised by the Law Forum.Delhi High Court judge Justice C. Hari Shankar and former...

Small Operational Creditors Are 'Significantly Disenfranchised': Supreme Court Urges Review Of IBC Framework

The Supreme Court on Friday observed that small operational creditors, including MSMEs and statutory local bodies, remain "significantly disenfranchised" under the Insolvency and Bankruptcy Code (IBC) by being placed at the bottom of the repayment waterfall. Observing that the issue falls within the legislative domain, the court urged the Law Commission of India and the legislature to examine whether a fairer repayment mechanism could be devised without compromising the efficiency and commercial...

Mere Denial Cannot Rebut Presumption Of Legally Enforceable Debt In Cheque Dishonour Cases: Supreme Court

The Supreme Court has recently ruled that an accused cannot rebut the statutory presumption arising from a dishonoured cheque by merely denying liability. Dismissing an appeal against a Karnataka High Court order remanding a cheque dishonour case for fresh consideration, the court observed that an accused must explain the circumstances in which the cheque was issued and how it came into the complainant's possession. It also noted that proving the complainant lacked the financial capacity to...

Plea Filed In Supreme Court Against HC Order Refusing CBI Probe Against Reliance Industries

The challenge consists of allegations that Reliance Industries illegally extracted natural gas from ONGC's Krishna-Godavari basin fields

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

SECURITIES LAW SEBI Cautions Listed Companies, Regulated Entities Against 'Boss Scam'SEBI Extends SWP, STP Standing Instruction Facility To Mutual Fund Units Held In Demat FormNippon India AIF Entities Settle SEBI Case Over Alleged AIF Regulations ViolationsIBC NCLT Amaravati Admits Insolvency Plea Against KGOC Terminals, Says Pre-COVID Loan Default Not ProtectedCoC-Approved Valuation Cannot Be Reopened At Instance Of Suspended Director: NCLAT New DelhiNCLT Delhi Rejects Kalka Home Developers...