SEBI Cautions Listed Companies, Regulated Entities Against 'Boss Scam'

The Securities and Exchange Board of India (SEBI) on Friday cautioned regulated entities and listed companies against an emerging cyber fraud known as the "Boss Scam" or CEO/Managing Director impersonation fraud, after the Indian Cyber Crime Coordination Centre (I4C) alerted the market regulator to the trend. SEBI said the fraud involves cybercriminals impersonating Chief Executive Officers, Managing Directors and other senior officials through email, WhatsApp, Microsoft Teams and other social...

Arbitrator Can Pronounce Award Once Matter Is Reserved Despite Counsel's Withdrawal: Madras High Court

The Madras High Court has held that a sole arbitrator can proceed to pronounce an arbitral award even if the respondents' counsel does not produce documents he had undertaken to file and later withdraws his vakalat, provided the matter has already been reserved for passing of the award. The court held that no further orders were required in the application and closed it. Justice K. Kumaresh Babu observed, "This Court is of the view that, when the matter had been reserved for passing of the...

Supreme Court Refuses To Interfere With Bail Denial To Ex-Haryana Congress MLA In Mahira Group Housing Scam

The Supreme Court on Friday refused to interfere with a Punjab and Haryana High Court order denying regular bail to former Haryana Congress MLA Dharam Singh Chhoker in the Enforcement Directorate's money laundering case over the alleged Mahira Group affordable housing scam. The ED has alleged that Chhoker and others siphoned off around ₹616 crore collected from nearly 1,500 homebuyers in Mahira Group's affordable housing projects in Gurugram by diverting project funds. The ECIR was initially...

Supreme Court Refuses To Interfere With ₹4.25 Crore Refund Order Against Filmmaker Gautham Menon Over Unmade Film

The Supreme Court on Friday refused to interfere with the Madras High Court's judgment directing filmmaker Gautham Vasudev Menon and others to repay ₹4.25 crore with 12% interest to R.S. Infotainment in a dispute arising from a 2008 agreement to produce an untitled Tamil film. A bench of Justices J.B. Pardiwala and K. Vinod Chandran dismissed the special leave petition at the threshold. The Bench declined to interfere with the Madras High Court's March 23, 2026 judgment, which had upheld a...

Jharkhand High Court Orders Separate Registers For SARFAESI Applications, Makes Records Accessible Under RTI

The Jharkhand High Court has directed all District Magistrates and Chief Judicial Magistrates in the State to maintain separate registers for applications filed by banks and financial institutions under Section 14 of the SARFAESI Act. Section 14 empowers District Magistrates and Chief Judicial Magistrates to assist secured creditors in taking physical possession of secured assets when such assistance is sought under the Act. The court further directed that the registers be treated as public...

LiveLawBiz: Corporate Legal News Daily Round-Up: July 16, 2026

IBC NCLT Mumbai Dismisses Insolvency Plea Against Ganesh Benzoplast Over Disputed Corporate GuaranteeNCLT Mumbai Dissolves BSE Institute of Research Development & Innovation After Voluntary LiquidationNCLT Delhi Admits CIRP Against Prodot Media, Holds Guarantee Liability Survives Borrower's Resolution PlanNCLT Delhi Admits CIRP Against Regal Enterprises, Rejects Solvency Claim Without EvidenceIBBI Chairperson Cannot Act As Disciplinary Committee Under IBC: Calcutta High CourtIBC Does Not...

LiveLawBiz IPR Weekly Digest: July 06 - July 12, 2026

HIGH COURTSDELHI HIGH COURT'How Far Can Personality Rights Be Stretched?' Delhi High Court Questions Salman Khan's Bid To Stall 'Kala Hiran' Case Title: Salman Khan v. Ashok Kumar/John Doe & Ors.Case Number: CS(COMM) - 1322/2025On July 6, Justice Jyoti Singh questioned the breadth of personality rights claims, specifically whether they could be used to stall the promotional content of a film titled Kala Hiran: The Battle for Legacy. The court asked for clarity on the extent to which such...

IBBI Chairperson Cannot Act As Disciplinary Committee Under IBC: Calcutta High Court

The Calcutta High Court on 16 July held that the Chairperson of the Insolvency and Bankruptcy Board of India (IBBI) cannot act as the Disciplinary Committee under the Insolvency and Bankruptcy Code (IBC), as the Committee can consist only of Whole-Time Members of the IBBI. Justice Shampa Sarkar allowed the petition filed by Sashi Agarwal, an Insolvency Professional, and set aside the IBBI order cancelling his registration under Section 220(2) of the IBC, which empowers the Disciplinary...

Content Creators Move Delhi HC Alleging Misuse Of Facebook 'Edit Post' Tool To Trigger False Copyright Strikes

Two content creators have approached the Delhi High Court alleging that Meta's copyright enforcement system is being exploited by bad actors who manipulate Facebook's "Edit Post" feature to make stolen videos appear older. They claim the allegedly backdated posts are then used to file false copyright complaints against the original creators, resulting in repeated takedowns of their own content.While one creator says the alleged abuse led to the permanent disabling of his verified Instagram...

NCLAT Issues Notice In Jiostar's Appeal Against Rejection Of Insolvency Plea Against Absolute Legends

The National Company Law Appellate Tribunal (NCLAT) on Monday issued notice in an appeal filed by Jiostar India Pvt. Ltd. against an order rejecting its insolvency plea against Absolute Legends Sports Pvt. Ltd., the promoter of the Legends League Cricket Masters T20 tournament. The appellate tribunal observed that the National Company Law Tribunal (NCLT) had failed to consider Jiostar's contention that the Media Rights Agreement had been duly signed on its behalf by Ankush Mahajan. A bench of...

"We Will Try To Give Fair And Equal Allocation": Centre Tells Supreme Court In Ethanol Allocation Row

While assuring the Supreme Court that the government was attempting to evolve a fair solution for Dedicated Ethanol Plants (DEPs), Attorney General R. Venkataramani, appearing for Bharat Petroleum Corporation Ltd. (BPCL) and other oil marketing companies (OMCs), said, "We will try to give fair and equal allocation." The court on Thursday posted for hearing on July 29 a batch of matters concerning ethanol allocation for Dedicated Ethanol Plants for the Ethanol Supply Year (ESY) 2025–26. A...

Supreme Court Sets Aside Anticipatory Bail Granted To HGPI Chairman In Post-Matric Scholarship Scam PMLA Case

The Supreme Court on Thursday set aside the Himachal Pradesh High Court's order granting anticipatory bail to Rajnish Bansal, Chairman of the Himalayan Group of Professional Institutions (HGPI) and Apex Group of Professional Institutions (AGPI), in the Enforcement Directorate's money laundering case linked to the alleged Post-Matric Scholarship Scheme scam. A bench of Justices M.M. Sundresh and Prasanna B. Varale allowed the ED's appeal. It held that the High Court had failed to adequately...