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LiveLawBiz: Business Law Daily Round-Up: February 23, 2026

Kirit Singhania

24 Feb 2026 9:25 AM IST

    • LiveLawBiz: Business Law Daily Round-Up: February 23, 2026

    IBC

    Supreme Court Dismisses Appeal Against NCLAT Order Rejecting Insolvency Plea Against Voltas

    IBBI Suspends Insolvency Professional's AFA For Six Months Over CIRP Without Valid Authorisation

    NCLT Mumbai Allows Saraswat Bank To Make Clarificatory Amendments To Section 7 Petition

    Mere MOU For Flat Allotment Not Financial Debt Without Disbursal To Corporate Debtor: NCLT Mumbai

    Mere Non-Payment Of Ordered Amount Not Civil Contempt, Execution Is Proper Remedy: NCLT Kochi

    IPR

    Delhi High Court Grants Ex-Parte Injunction Protecting 'TOI' Mark Against Impersonating Social Media Accounts

    Gujarat High Court Dismissed Appeal In GULAB vs ROSE Trademark Dispute, Warns Trial Court Against Superfluous Judgments

    Delhi High Court Temporarily Restrains 19 More Entities From Infringing JAQUAR Trademark

    Delhi High Court Restrains Parth Law House, Others From Selling Counterfeit LexisNexis Law Textbooks

    Delhi Court Orders Takedown Of YouTube Shorts Infringing Karl Rock's Copyright

    TAX

    CBIC's 2024 Policy Barring Govt Appeals Below ₹2 Crore Covers Pending Cases, Not Merely Future Filings: Supreme Court

    GST Registration Cannot Be Cancelled Based On Investigative Dictation Alone: Gauhati High Court

    Supreme Court Dismisses Customs Review Plea Against IndiGo, SpiceJet In IGST Exemption Case On Reimported Aircraft Parts

    S.48 Customs Act | Exporter Cannot Stop Customs Action On Return Shipment By Disowning It: Delhi High Court

    Bogus Purchases: Bombay High Court To Examine If ITAT Can Limit Disallowance To Profit Margin

    Delhi High Court Treats 5.25% Withholding Certificate Issued To EY As Nil

    Delhi High Court Sets Aside ₹232 Crore Ex Parte IT Assessment Against Nayati Healthcare During Insolvency

    Matching Solutions Not Taxable Under India–US DTAA: Delhi High Court Grants NIL TDS Relief To Refinitiv US

    Airline Operations Exempt Under India-UK DTAA: Delhi High Court Directs NIL TDS Certificate For British Airways

    Punjab & Haryana High Court Bars Higher Bank Guarantee Demand For Delay In Releasing Seized Jewellery

    Change Of Opinion Not Enough To Reopen Assessment: Calcutta High Court

    ITAT Ahmedabad Deletes ₹9.65 Crore Addition On Demonetisation Cash Deposits Backed by Recorded Sales

    SECURITIES LAW

    SAT Holds Unlisted Company's Allotment To 284 Investors Across Multiple Offers Was Deemed Public Issue

    COMPETITION LAW

    Meta, WhatsApp Undertakes To Comply With NCLAT Order Extending CCI's Privacy Safeguards To Advertising Data By March 16

    ARBITRATION

    J&K&L High Court Dismisses Contractor's Arbitration Plea Against Railways After He Issued Unconditional No Claim Certificate

    Expiry Of Arbitrator's Mandate Due To Lapse Of Time Does Not End Arbitration: Delhi High Court

    Supreme Court Dismisses BWL Plea, Upholds Delhi High Court Ruling That BSNL Has Satisfied 2000 Arbitral Award

    Meghalaya High Court Upholds BSCPL's 5-Year Blacklisting For Alleged Corruption In NH-44E Project

    BANKING/NBFC

    Breaking | Bombay High Court Sets Aside Stay On Fraud Classification Proceedings Against Anil Ambani

    COMPANY LAW

    NCLAT Dismisses Appeal Against Order Allowing Former Promoters To Represent Aquafil Polymers

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