LiveLawBiz: Corporate Legal News Daily Round-Up: February 26, 2026

Kirit Singhania

27 Feb 2026 9:19 AM IST

  • LiveLawBiz: Corporate Legal News Daily Round-Up: February 26, 2026

    IBC

    Byju's CoC Moves Supreme Court After NCLAT Refuses Impleadment In GLAS Trust Removal Plea

    Supreme Court Refuses To Frame Guidelines On Parallel Insolvency Against Borrower and Guarantor

    NCLAT Refuses To Condone Delay In Appeal; Limitation Starts From Pronouncement, Not Uploading

    IPR

    Kerala High Court Restrains Former G-TEC Franchisee From Using GIO TECH Mark

    Purva Dhanashree Moves Delhi High Court Amid Trademark Dispute Over 'Vilasini Natyam'

    Jammu Court Grants Interim Relief To JioStar India, Restrains Unauthorised Cable Transmission

    Delhi High Court Temporarily Restrains 'Singh and Singh Chartered Accountants' In Trademark Suit Filed By Law Firm

    Calcutta High Court Finds 'Spic' Bottle 'Virtually Identical' To Harpic, Restrains Godrej

    TAX

    Rooh Afza Is Fruit Drink, Not Residuary Goods; Supreme Court Applies 4% VAT Under Uttar Pradesh VAT Act

    Expired E-Way Bill Does Not Justify Harsh Penalty Under GST Law: Gujarat High Court Orders ₹18 Lakh Refund

    Ready Rotis Classifiable as Bread, Not Ready-To-Eat Food; CESTAT Grants Nil Excise Duty

    Bought-Out Optional Plywood Tops Value Not Includible In Excise Duty on Folding Cots: CESTAT Kolkata

    Second-Hand Digital Multifunction Machines Imported Pre-2012 Not Confiscable: CESTAT Chennai

    Housekeeping, Manpower Services Eligible For CENVAT Credit Post-2011: CESTAT Chennai

    Pre-Adjudication Amount Paid Under Protest Is Deposit, Not Duty; CESTAT Allahabad Grants 12% Interest From Deposit

    Gujarat High Court Quashes Reassessment On Income From Property Sale After Fraudulent Deeds Cancelled

    TDS On Consultant Doctors To Be Deducted As Professional Fees, Not Salary: ITAT Delhi

    Gift Pursuant To Family Settlement Not Taxable As Deemed Income: ITAT Delhi Dismisses Revenue's Appeal

    Ten-Year Block Under Section 153A Includes Search Year: Gujarat High Court

    Extraordinary Writ Jurisdiction Cannot Be Invoked In Factual Disputes: Orissa High Court

    RERA

    Rajasthan RERA Restrains Secured Creditor From Acting Against Homebuyers Who Bought Flats Before Project Mortgage

    ARBITRATION

    Arbitrator Appointed By Agreed Institution Not Per Se Unilateral: Madras High Court

    COMPANY LAW

    NCLAT Dismisses Jindal Poly Films' Appeal Challenging Maintainability Of Minority Shareholders' Class Action Suit

    SECURITIES LAW

    SEBI Drops LBMA Benchmark, Mandates Exchange Spot Prices For Gold And Silver Fund Valuation

    SEBI Directs Regulated Entities To Disclose Registration Numbers On Social Media Posts

    SAT Upholds ₹5 Lakh Penalty on Som Distilleries for Misleading Disclosure On ₹100 Crore Fund Raise

    SEBI Revises Mutual Fund Scheme Categorisation Norms, Introduces Life Cycle Funds

    Holding Physical Share Certificates? Here's How to Convert Them into Demat Form

    SEBI Disposes Proceedings Against Kalyani Steels, BF Utilities In ₹4.12 Crore Settlement

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