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LiveLawBiz: Corporate Legal News Daily Round-Up: March 23, 2026
IBC Supreme Court Rejects Recall Plea In Disposed SLP, Says Court Cannot Compare Rival Offers Before CoC Under IBCNCLAT Sets Aside NCLT Order, Holds Insolvency Plea By Sole Proprietorship Maintainable Against Birla JewelsNCLT Indore Rejects Suspended Management Plea To Join GEI Power Resolution Plan Approval ProceedingsLiquidation Can Be Recalled Using Inherent Powers Where Debt Is Settled: NCLT HyderabadMoratorium Doesn't Extinguish The Criminal Liability In Terms Of 32A When The Plan Is Not...
Supreme Court Calls Govt. Contractual Clause Foreclosing Redressal Before Courts "Shocking"; Restores Award For ABS Marine
The Supreme Court on Monday expressed shock at the stand taken by the Andaman and Nicobar Administration that a contractual clause made its decision final and beyond challenge, holding that such a term offended the rule of law.The court made the observationwhile setting aside a July 11, 2018 judgment of the Calcutta High Court and restoring an arbitral award of Rs 2.87 crore in favour of ABS Marine Services. The ruling came in a dispute where the Andaman and Nicobar Administration relied on...
Supreme Court Rejects Recall Plea In Disposed SLP, Says Court Cannot Compare Rival Offers Before CoC Under IBC
The Supreme Court on Monday dismissed a miscellaneous application seeking recall of its February 25, 2025 order dismissing an SLP in a dispute over an agreement to sell a property of a corporate debtor, holding that a disposed Special Leave Petition cannot be reopened on the basis of subsequent developments in insolvency proceedings or rival financial offers before the Committee of Creditors.A bench of Justices Vikram Nath and Sandeep Mehta emphasized that the court cannot sit in appeal over the...
LiveLawBiz Direct Tax Weekly Round-Up: March 16 - March 22, 2026
SUPREME COURTSupreme Court Upholds Quashing Of Income Tax Reassessment Against BPCL Over ₹37.10 Crore Dividend IncomeCase Title : Assistant Commissioner of Income Tax vs Bharat Petroleum Corporation Ltd Case Number : Diary No. 8091 OF 2026 CITATION : 2026 LLBiz SC 112The Supreme Court on Monday refused to interfere with the Bombay High Court's order quashing income tax reassessment proceedings initiated against Bharat Petroleum Corporation Ltd. (BPCL) for AY 2013-14 in relation to Rs 37.10...
LiveLawBiz Indirect Tax Weekly Round-Up: March 16 - March 22, 2026
SUPREME COURTSupreme Court Allows Zoomcar To File GST Appeal After Rajasthan HC Disposed Its Writ Without Granting LibertyCase Title : ZOOMCAR INDIA PVT. LTD. VS THE UNION OF INDIA & ORS. Case Number : Special Leave to Appeal (C) Nos.8920-8921/2026 CITATION : 2026 LLBiz SC 113The Supreme Court has recently permitted Zoomcar India Pvt. Ltd., a car-sharing platform, to file a statutory appeal against GST assessment orders arising from proceedings for the financial year 2019–20, after the...
After Disputed Arbitrator Steps Down, Supreme Court Restores MSA Global–EPIL Arbitration Dispute To Delhi HC
The Supreme Court has held that the primary ground for restraining MSA Global LLC (Oman) from continuing arbitration proceedings against Engineering Projects (India) Limited ceased to exist after arbitral tribunal member Andre Yeap resigned, whose alleged non-disclosure had formed the basis of the anti-arbitration injunction.Accordingly, setting aside the Delhi High Court's decision dated December 12, 2025, the Supreme Court restored the appeal to the Division Bench for fresh...
Supreme Court Refuses To Interfere With Arbitrator Appointment In Gini & Jony–Benetton Dispute
The Supreme Court on Monday dismissed a Special Leave Petition filed by Gini & Jony Ltd. challenging the Delhi High Court's order appointing an arbitrator in its dispute with Benetton India Pvt. Ltd. arising from a distribution agreement for sale of United Colors of Benetton apparel products, involving an unpaid amount of about Rs 91 lakh.After hearing the parties, Justices J.K. Maheshwari and Atul S. Chandurkar dismissed the special leave petition and said: “After hearing the learned...
Delhi High Court Asks Patanjali's Acharya Balkrishna To Narrow Down Grievances In His Personality Rights Suit
Patanjali Ayurved co-founder and Managing Director Acharya Balkrishna has moved the Delhi High Court seeking protection of his personality rights against alleged deepfakes, misleading videos, and online misinformation. The court on Monday expressed reservations over the wide scope of the takedown relief sought. During the hearing, Justice Tushar Rao Gedela observed that the prayers in the suit appeared overly broad and cautioned that a public figure must be prepared to face criticism, satire,...
LiveLawBiz IPR Weekly Digest: March 15 - March 21, 2026
SUPREME COURTSupreme Court Quashes Criminal Proceedings Against Filmmaker Sujoy Ghosh In 'Kahani 2' Copyright CaseCase Title: Sujoy Ghosh vs State of Jharkhand & Ors. Case Number: SLP (Crl) 9452/2025 Citation: 2026 LLBiz SC 121The 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...
Supreme Court Issues Notice On Jiostar Plea For Arbitrator In Dispute Over IPL Media Rights For Bangladesh
The Supreme Court on Friday issued notice in an arbitration petition filed by Jiostar India Pvt. Ltd. seeking appointment of an arbitrator in a dispute with UAE-based Green Bean Sports Marketing arising out of a media rights sub-licence agreement relating to the Indian Premier League (IPL) for the territory of Bangladesh.A bench comprising Chief Justice Surya Kant, Justice Joymalya Bagchi and Justice Vipul M. Pancholi, after hearing counsel, directed issuance of notice returnable on May 15,...
LiveLawBiz RERA Weekly Digest: March 15 - March 21, 2026
NOMINAL INDEXVankadari Aniruddha Vaishnav & Anr. v. Karnataka Real Estate Regulatory Authority & Anr., 2026 LLBiz REAT (KA) 15Neelam Jain & Anr. v. ARG CG Developers LLP, 2026 LLBiz REAT (RJ) 14R. Jagan Kumar v. Selene Estate Limited, 2026 LLBiz RERA (TN) 55Balwan Singh v. Housing Board Haryana & Anr., 2026 LLBiz RERA (HR) 54Bellana Bangaru Naidu v. Hayagreeva Farms and Developers & Ors., 2026 LLBiz RERA (AP) 53Manpreet Singh v. Udit Jain & Ors., 2026 LLBiz RERA (PB)...