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LiveLawBiz: Business Law Daily Round-Up: February 12, 2026

Kirit Singhania

13 Feb 2026 9:41 AM IST

    • LiveLawBiz: Business Law Daily Round-Up: February 12, 2026

    IBC

    NCLAT Finds IndusInd Bank, RTA Negligent In Issuing Duplicate Share Certificates, Upholds Restoration Of 5,000 Shares

    Dissenting Banks Cannot Continue Recovery Against Guarantors Once Resolution Plan Attains Finality: NCLAT

    Recall Of Order Not Permissible For Party's Failure; 'Mistake' Must Be Tribunal's Error: NCLT Hyderabad

    NCLT Kochi Rejects Plea To Implead CBI In Corporate Petition Alleging Oppression And Mismanagement

    IBC Cannot Be Used To Legitimize Proceeds of Crime: NCLT Recalls Alchemist Limited CIRP

    NCLAT Closes Suo Motu Contempt Proceedings Against IRP After Accepting His Unconditional Apology

    IPR

    Calcutta High Court Sets Aside Rejection Of UPL's Herbicide Patent For Denying Mandatory Hearing

    Supreme Court Allows Product-To-Claim Mapping In Nivolumab Patent Dispute Between ER Squibb and Zydus

    Bombay High Court Issues Bailable Warrants Against 4 Effingut Directors In Copyright Contempt Case By PPL

    Belagavi Court Refuses Ex Parte Injunction Against US AI Company Anthropic In Trademark Dispute

    TAX

    Karnataka High Court Quashes Rs 85.51 Crore IGST Demand On Salaries Paid To Foreign Nationals By Huawei India

    Bombay High Court Restores Trader's GST Registration After Defective 'Cyclostyled Notice'

    No Separate GST On Chemicals Supplied Under Mud Engineering Contracts: Andhra Pradesh High Court

    Organising Ramkatha, Bhagwat Katha Not 'Wholly Religious', 80G Approval Cannot Be Denied To Charitable Trust: ITAT Ahmedabad

    Delhi High Court Dismisses Revenue Appeals Against ITAT Order In Mahagun TDS Dispute Over NOIDA Lease Rent

    Supreme Court To Examine If Delay In Filing ITR Can Be Condoned Under Section 119(2)(b) Of Income Tax Act

    Andhra Pradesh High Courts Rejects Sales Tax Exemption Claim Over Defective Form A-5

    Sales Directly Linked To Export Cannot Be Taxed Under Central Sales Tax: Andhra Pradesh High Reaffirms

    Supreme Court Reverses 'Alien Modality' Of Refunding IGST To Torrent Power, Orders Credit To Consumer Welfare Fund

    COMPANY LAW

    Oppression Petition Not Maintainable Where The Principal Relief Sought Is Winding Up: NCLT Amaravati

    ARBITRATION

    Direction To Deposit Proceeds In Escrow Warranted Only In Limited Circumstances: Supreme Court

    Supreme Court Directs NHAI To Deposit 50% of ₹1,019 Crore Award In Vadodara-Mumbai Expressway Dispute

    Conciliation Gets Award Status Under Arbitration Act Unless Expressly Excluded by Parties: Supreme Court

    Delhi High Court Dismisses Cross-Petitions In FHEL-GAPL Arbitration, Confirms Damages & Rental Awards

    RERA

    Karnataka High Court Invokes Writ Jurisdiction In RERA Matter To Enable Consideration Of Developer's Objections

    DEBT RECOVERY LAW

    Bank Can Exercise Lien On Guarantor's Salary, Section 60 CPC Not Applicable: Kerala High Court

    BANKING/NBFC

    New RBI Directions Raise Collateral-Free Loan Limit For MSEs From ₹10 To 20 Lakh

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