Supreme Court Refuses To Vacate Stay On FIR Against WinZO, Director Over Alleged BOT Use To Defeat Players

The Supreme Court on Monday (May 18) refused to interfere with the Punjab and Haryana High Court's order staying further proceedings in an FIR against WinZO Pvt Ltd and its director over allegations that the gaming platform used “BOTs” to cheat users. It requested the High Court to endeavour to decide the matter by June 15, 2026. A Bench of Justices M.M. Sundresh and Nongmeikapam Kotiswar Singh said there was force in the submission that courts ordinarily should not stall investigations....

Employers May Soon Be Able To Make Mutual Fund Payments For Employees Through Salary Deductions

The Securities and Exchange Board of India (SEBI) on Wednesday proposed allowing employers to make mutual fund payments on behalf of employees through salary deductions, in a significant easing of existing rules that currently require investments to be made only from an investor's own bank account. If approved, the facility would be available to employees of listed companies, EPFO-registered companies and asset management companies who voluntarily opt for it and choose the mutual fund schemes...

Banks 'Casual' In Granting Big Loans, Small Borrowers Face 'Borderline Harassment': Supreme Court

The Supreme Court on Tuesday criticised banks for what it described as a casual approach in sanctioning large loans to bigger entities while subjecting ordinary borrowers seeking small personal loans to stringent conditions and tedious procedures that may, in some cases, amount to “borderline harassment." A Bench of Justices Ahsanuddin Amanullah and R. Mahadevan clarified that it was not advocating any easing of lending norms, saying those matters were best left to the Reserve Bank of India and...

Delhi Court Grants Karl Rock Permanent Injunction Against UK-Based YouTuber, Awards ₹7 Lakh In Copyright Suit

A Delhi commercial court has permanently restrained a UK-based YouTube operator and Google entities from infringing YouTuber Karl Rock's copyrighted videos. The court also awarded him ₹5 lakh in damages, holding that the defendant systematically republished portions of his videos as Shorts without authorisation or transformation. The judgment dated May 13, 2026 was passed by District Judge Vinod Yadav in a summary judgment suit filed by Karl Edward Rice, popularly known as Karl Rock. The...

Calcutta High Court Denies Urgent Relief To Dabur In Suit Against Influencer Over 'Real Fruit Power' Videos

The Calcutta High Court on Tuesday issued notice to Avanish Agarwal and other respondents on a suit filed by Dabur India Ltd alleging that videos posted by Agarwal about its REAL Fruit Power brand were misleading, malicious, disparaging, and defamatory, while declining immediate interim relief. Justice Sugato Majumdar, hearing the matter on May 19, observed that while Dabur's right to seek legal recourse could not be denied, consumer interest and the dissemination of information relevant to...

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

COMPANY LAW MP Sudheer Gupta To Head Joint Parliamentary Committee On Corporate Laws (Amendment) Bill"Undue Haste": NCLT Hyderabad Stays MBG Commodities EGM To Increase Share Capital Amid Oppression CaseIPR Bombay High Court Orders Meta To Suspend SWISSTOURS Trademark-Infringing Instagram AccountMadras High Court Refuses To Reject Seven Arts' Copyright Suit In Hera Pheri Remake Rights DisputeMadras High Court Restrains MRF's Former Dealer, Another Delhi Entity From Using Its TrademarkDelhi High...

MP Sudheer Gupta To Head Joint Parliamentary Committee On Corporate Laws (Amendment) Bill

Lok Sabha Speaker Om Birla on Monday constituted a 31-member Joint Parliamentary Committee to examine the Corporate Laws (Amendment) Bill, 2026, appointing BJP MP Sudheer Gupta as its chairperson. The committee comprises 21 members from Lok Sabha and 10 members from Rajya Sabha.The Bill was introduced in the Lok Sabha by Finance and Corporate Affairs Minister Nirmala Sitharaman on March 23, 2026 and was subsequently referred by the Speaker to the JPC for clause by clause examination, stakeholder...

Madras High Court Refuses To Reject Seven Arts' Copyright Suit In Hera Pheri Remake Rights Dispute

The Madras High Court has dismissed filmmaker Firoz Nadiadwala's plea seeking rejection of a copyright infringement suit filed by Seven Arts International Limited. The suit concerns alleged remake rights to the Malayalam films Ramji Rao Speaking and Mannar Mathai Speaking, which Seven Arts claims form the basis of the Bollywood Hera Pheri franchise. Justice Senthilkumar Ramamoorthy passed the order on April 24. Seven Arts claimed in the suit that it acquired remake rights to both films through...

Supreme Court Says Alleged 'Hallucinated' Citations By NCLT-NCLAT In Essel Infraprojects Case Under Examination

The Supreme Court on Tuesday said allegations that the NCLT and NCLAT relied on allegedly fake citations in insolvency proceedings against Essel Infraprojects Ltd were already under administrative examination and had been referred to a committee. The court also reserved judgment in the appeal filed by the company's suspended director. A Bench of Justices P.S. Narasimha and Alok Aradhe made the observation while hearing the appeal filed by suspended director Pooja Ramesh Singh against orders...

West Asia Crisis: Supreme Court Lets SpiceJet Move Delhi HC Over ₹144 Crore Deposit Order In Dispute With Kalanithi Maran

The Supreme Court on Tuesday allowed SpiceJet Limited and its chairman Ajay Singh to approach the Delhi High Court to seek modification of a direction requiring a cash deposit of ₹144.51 crore in the long-running arbitration dispute with Kalanithi Maran and Kal Airways Private Limited. The airline cited the ongoing West Asia crisis and said it expected additional funding under the Centre-backed emergency credit guarantee scheme for airlines.A Bench of Justices P.S. Narasimha and Alok Aradhe,...

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

TAXSupreme Court Issues Notice On IT Dept. Appeal Over Relief To Vedanta For TDS Default On Non-Resident PaymentsSupreme Court Grants Bail To Future Maker Directors In Rs 54.77 Crore Service Tax Evasion CaseCESTAT Hyderabad Sets Aside Reclassification Of Jasmine Biotechnologies' Bio-Fertiliser Imports As InsecticidesCESTAT Kolkata Sets Aside Confiscation Of Genuine Shoe Imports Found With Counterfeit PUMA, Converse GoodsNo Rectification For Debatable Points Under Section 254(2) Of Income Tax...

Adani Enterprises To Pay $275 Million To Settle US Sanctions Probe Over Alleged Iranian LPG Imports

Adani Enterprises Limited (AEL) on Monday agreed to pay $275 million to settle potential civil liability with the United States Treasury Department's Office of Foreign Assets Control (OFAC) over apparent violations of Iran-related sanctions linked to imports of liquefied petroleum gas (LPG). According to OFAC, between November 2023 and June 2025, AEL purchased 35 cargoes of Iranian-origin LPG through a Dubai-based supplier that purported to supply Omani and Iraqi gas, while causing US financial...