LiveLawBiz: Corporate Legal News Daily Round-Up: August 10, 2026

Kirit Singhania

11 Aug 2026 9:01 AM IST

  • LiveLawBiz: Corporate Legal News Daily Round-Up: August 10, 2026

    IBC

    Separate CIRP Cannot Be Initiated For Project When Developer Is Already Undergoing CIRP: NCLT Bengaluru

    NCLT Jaipur Replaces RP In Dropbase Liquidation, Says CIRP Beyond 330 Days Is Serious Lapse

    Bombay High Court Sentences Insolvent To Jail For Concealing Bank Accounts, Rejects Limitation Defence

    Time-Barred Insolvency Plea Can Be Rejected Without RP Appointment: NCLAT New Delhi

    NCLT Chennai Dissolves Ashok Leyland-John Deere JV After 8-Year Voluntary Liquidation

    NCLT Chennai Admits Ozone Projects To CIRP Over ₹212 Cr Default, Says Trustee Can Initiate Proceedings

    TAX

    Assessing Officer Can't Become An Economist To Question Expected Return In Share Valuation: Delhi High Court

    COMPANY LAW

    NCLT Ahmedabad Sanctions Vitanosh-Lactose India Merger, Condones Filing Delay

    NCLT Mumbai Dismisses SFIO's ₹100.50 Crore Disgorgement Plea Over Aircel Shareholding Transaction

    ARBITRATION

    Two Arbitration Places Can Both Be Seats If Parties Do Not Choose One: Madhya Pradesh High Court

    Bombay High Court Allows $200,733 Claim Against Victore Ships, Says Voluntary Absence Won't Bar Enforcement

    COMMERCIAL LAW

    Bombay High Court Says Judicial Machinery's Error Cannot Prejudice Litigant, Restores ₹2.04 Crore Suit

    Employment Disputes Not Commercial Disputes Under Commercial Courts Act: Delhi High Court

    Monetary Claims Alone Do Not Bar Urgent Relief Exception To Pre-Institution Mediation: Bombay High Court

    RERA

    Punjab & Haryana HC Denies Bail In ₹5.44 Crore Roselyn Square Case, Says Allegations Go Beyond Delay

    BANKING/NBFC

    NBFC's Pending Amalgamation Application Not Enough To Claim It Meets NOF Requirement: Calcutta High Court

    MSME

    MSME Suppliers To Get At Least 50% Of Award If Court Challenge Takes Over Six Months Under New Amendment

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