LiveLawBiz: Business Law Daily Round-Up: February 18, 2026
Kirit Singhania
19 Feb 2026 9:33 AM IST
IBC
NCLT Mumbai Admits Insolvency Plea Against Reliance Ornatus Over ₹133.88 Crore Default
Resolution Professional Cannot Seek Removal Of Statutory Lien Created Before CIRP: NCLT Mumbai
Municipal Dues Cannot Be Recovered From Auction Purchaser After IBC Liquidation: Calcutta High Court
NCLT President Submits Enquiry Report After NCLAT Calls Chennai Bench Order “Rather Dubious”
Authorisation, Stamping, and IU Defects Cannot Block Insolvency Petition: NCLAT Delhi
NCLT Ahmedabad Refuses Travel Relief To Personal Guarantor With ₹2717 Crore Liability
IPR
Bombay High Court Restrains 'ACERIL' Trademark For Phonetic Similarity With Glenmark's 'ASCORIL'
Delhi High Court Refers Patanjali–Britannia 'Milk Bikis' Ad Disparagement Dispute To Mediation
Delhi High Court Imposes ₹50,000 Costs On Patent Owner For “Unnecessary Litigation”
TAX
GST Authorities Cannot Enforce IGST Demand Against SREI Finance During Moratorium: Delhi High Court
Kerala High Court Quashes Composite GST Notices Issued to Actor Honey Rose
ITAT Mumbai Upholds Fresh Examination of Ambuja Cements' AY 2019–20 Assessment For Lack Of Inquiry
ITAT Delhi Quashes Tax Revision Against Senior Advocate Mukul Rohatgi For AY 2020–21
RERA
Society Members Can File RERA Complaint Against Developer Despite Not Being Allottees: MahaREAT
ARBITRATION
COMPETITION LAW
CCI Approves Merger Of Hinduja Leyland Finance With NDL Ventures
SECURITIES LAW
SAT Reiterates Show Cause Notices Are Not Appealable, Dismisses Brokers' NSE Co-Location Appeals
SAT Rejects Avadhut Sathe Academy Plea To Withdraw ₹2.25 Crore Monthly Till SEBI Probe Ends
BANKING/NBFC
Writ Courts Cannot Force NBFCs To Regularise NPAs After SARFAESI Notice: Keral High Court
DEBT RECOVERY LAWS
COMPANY LAW
Common Independent Director Not 'Common Management': Gujarat High Court Sets Aside GeM Bid Rejection