LiveLawBiz: Corporate Legal News Daily Round-Up: April 20, 2026
Kirit Singhania
21 April 2026 8:45 AM IST

IBC
Legal Representatives Can Maintain Oppression Petitions Without Membership Registration: NCLT Mumbai
CoC's Commercial Wisdom Cannot Override IBC Mandates In Early Dissolution Plea: NCLT Mumbai
SARFAESI Enforcement Cannot Be Invoked After Debt Is Extinguished Under IBC: Orissa High Court
NCLT Rejects CIRP Plea Against Electrotherm Over Pre-Existing Dispute
IPR
TAX
CESTAT Grants Relief To Bharat Hotels, Sets Aside Service Tax On Forfeited Booking Advances
CESTAT Delhi Rejects AAI's ₹30.31 Lakh Excess Service Tax Refund Claim Over Delay
ITAT Mumbai Sets Aside CIT(A) Enhancement Of Taxable Income On Issue Not Examined By AO
Gujarat High Court Quashes Move To Reopen Income Tax Assessment Over Vague Third-Party Material
Supreme Court Refuses To Interfere With Ruling In Tata Steel Case, Upholds Entry Tax On H.R. Sheets
Concessional GST On Irrigation Rubber Rings Conditional On Hard Rubber Use: Rajasthan AAR
Delay In Final Approval Filing Not Adverse Where Caused By Confusion In Amended Law: ITAT Ahmedabad
Corpus Fund By RWAs Taxable As Advance For Future Services, GST Payable On Receipt: Karnataka AAR
Bombay High Court Sets Aside GST Cancellation Order For Lack Of Reasons
ARBITRATION
Section 17 Security In Tribunal Domain, Courts To Interfere Only On Perversity: Calcutta High Court
Statutory Bar On Arbitrability Can Be Examined While Granting Interim Relief: Bombay High Court
Legal Representatives Have Right To Challenge Arbitral Awards That Bind Them: Supreme Court
RERA
RERA Orders Not Civil Decrees, Recoverable As Arrears Of Land Revenue: Kerala High Court
SECURITIES LAW
SEBI Lowers Credit Risk Threshold, Expands REIT Risk Classification Framework In 2026 Amendment
BANKING/NBFC
Bombay High Court Quashes Union Bank's Wilful Defaulter Tag Against Former Promart Director
COMMERCIAL COURTS ACT
COMPANY LAW
NCLT Delhi Approves Powerlinks Transmission Scheme To Reclassify Reserves Into Retained Earnings
OTHERS
ICAI Denies Reports of New Authority for CA Exams, Calls Claims “Factually Incorrect”
