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LiveLawBiz: Corporate Legal News Daily Round-Up: April 08, 2026

Kirit Singhania

9 April 2026 9:09 AM IST

    • LiveLawBiz: Corporate Legal News Daily Round-Up: April 08, 2026

    IBC

    RCIL Insolvency: Bank Of Baroda Moves Supreme Court Against NCLAT Ruling On ₹195 Crore Reliance Bhutan Loan

    NCLT Bengaluru Refuses To Examine FEMA Issues In Aakash–Byju's Rights Issue Dispute, Says Outside IBC Jurisdiction

    NCLT Amaravati Bench Admits Insolvency Plea Against Kallam Textiles Over ₹210 Crore Default

    Amounts Deposited Pursuant To Court Orders Remain Assets Of The Corporate Debtor: Bombay High Court

    Moratorium Under Section 14 IBC Does Not Protect Personal Guarantors: NCLT Chandigarh

    Liability For Fraudulent Trading Under IBC Cannot Be Determined Mechanically: NCLT Amaravati

    IBC Moratorium For Guarantors Won't Shield Borrower Without Pending CIRP: Bombay High Court

    No Eviction While Lease Dispute Pending: NCLAT Grants Relief To Rose Constructions

    IPR

    Anirudhha Joshi's Personality Rights: Google Seeks Modification Of Delhi High Court Order Requiring Takedown Of Similar Content

    Bombay High Court Vacates Temporary Trademark Injunction Granted To Asian Paints Over Suppression

    TAX

    GST Proceedings Against A Dissolved Company Lack Jurisdiction: Andhra Pradesh High Court

    Valid GST Notice Must Disclose Details And Basis of Liability: Punjab & Haryana High Court

    GST Refund Limitation Must Exclude COVID Period Under Section 54: Andhra Pradesh High Court

    ITAT Kolkata Remands DIC Fine Chemicals' Transfer Pricing, Book Profit, Interest Adjustments Per APA

    ITAT Kolkata Deletes ₹43.98 Lakh Addition Against Disha Eye Hospitals For Genuine SBN Receipts

    ITAT Kolkata Remands ₹92.67 Crore Addition Against Addhya Forex, Upholds Right To Fair Hearing

    COMPANY LAW

    Removal As Director Did Not Bar Shareholder's Oppression Plea: NCLT Ahemedabad

    Civil Courts Cannot Decide Shareholder Disputes Requiring Rectification Of Register: Bombay High Court

    Compromise Schemes Are Consensual, Class-Based; No Omnibus Liability Extinguishment: NCLT Hyderabad

    Breakdown Of Trust: NCLT Mumbai Orders Buyout In Family Dispute Over Stake In R.K. Paper, Jai Kaushal Industries

    NCLT Mumbai Dismisses Plea By Former Director R.C. Bawa's Wife, Daughter To Be Removed From IL&FS Proceedings

    ARBITRATION

    No Letters Patent Appeal Lies Against Order to Deposit 75% To Challenge MSME Award: Madras High Court

    Independence And Impartiality Required Of All Arbitrators, Not Just Presiding One: Madhya Pradesh High Court

    Delhi High Court Temporarily Bars Aashirvad Cinemas From Creating Third-Party OTT Rights In 'Drishyam 3'

    S.29A | Time Limit Under Arbitration Act Not A Rigid Mechanism To Invalidate Proceedings: Delhi High Court

    Filing Same Defective Petition Repeatedly To Save Limitation Is Abuse Of Process: Delhi High Court

    SECURITIES LAW

    SEBI Operationalises Lock-In Mechanism For Pledged Shares Under ICDR Rules

    SEBI Extends IPO Approval Timelines, Relaxes MPS Penalties Till Sept 2026 Amid Geopolitical Tensions

    COMPETITION LAW

    CCI Finds No Abuse of Dominant Position by Arthur Flury India In Railway Electrification Component Supply

    CCI Approves Indriya's Proposed Acquisition Of 14.2% Stake In Aditya Birla Housing Finance

    CCI Approves Torrent Power's Proposed 100% Acquisition Of Nabha Power from L&T

    CCI Clears Citrus Investment's Proposed Stake Hike In Hitachi Construction Machinery, Sole Control of HCJI

    RERA

    Exclusion Of EWS/LIG Allottees From Housing Society Violates Articles 14, 21 Of The Constitution: Telangana High Court

    BANKING/NBFC

    NBFC Must Meet NOF Before Licence Cancellation To Get Relief, Not After: Delhi High Court

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