LiveLawBiz: Corporate Legal News Daily Round-Up: July 02, 2026
Kirit Singhania
3 July 2026 9:45 AM IST
IBC
Resolution Professional's Report Is Recommendatory In Personal Guarantor Insolvency Cases: NCLAT
NCLT Cannot Sit In Appeal Over Civil Court Consent Decree In Insolvency Proceedings: NCLAT
Foreign Companies Need RBI Approval To Acquire Security Interest In Indian Immovable Property: NCLAT
NCLT Chandigarh Rejects Recasting Of Claims Based On Pre-CIRP Refunds, Upholds RP Methodology
NCLAT Quashes Insolvency Admission Against Vikram Solar As Debt Falls Below ₹1 Crore
NCLAT Upholds Insolvency Against Butter, Ghee Maker Jhandewalas Foods
IPR
Delhi High Court Orders Blocking Of Rogue Websites Streaming Sony's Exclusive Sports Broadcasts
Delhi HC Holds Name Change Doesn't Nullify Arbitration Clause, Refers Newgen Dispute To Arbitration
Delhi High Court Orders Takedown Of AI Deepfakes, Cloned Voice Ads Targeting Actor Ravi Kishan
Delhi High Court Refuses ITC Bid To Stop Adyar Gate Hotels' Use Of 'Dakshin' Mark
TAX
ITAT Delhi Restores ₹1.43 Crore Addition Over Alleged Cash Salary Payments
ITAT Mumbai Deletes ₹572.83 Crore Brand Royalty Transfer Pricing Adjustment Against Vodafone Idea
ITAT Mumbai Holds Tax Appeals Infructuous After Company's Liquidation And Sale As Going Concern
ITAT Jaipur Upholds CA Student's Claim For Section 87A Rebate On Short-Term Capital Gains Tax
COMPANY LAW
NCLT Mumbai Approves Cross-Border Merger Of UAE Legal Consultancy Company With Indian Parent
NCLAT Revives IL&FS Plea To Unwind ₹1,080 Crore SREI Group-Linked Lending Transactions
ARBITRATION
Delhi High Court Enforces $454 Million Foreign Arbitral Awards In Favour Of Vedanta, Ravva Oil
SECURITIES LAW
SEBI Launches Settlement Helpdesk To Assist Applicants In Filing Settlement Applications
COMMERCIAL LAW
No Statutory Limit On Amending Pleadings Before Trial In Commercial Suits: Calcutta High Court
Counter-Claims Must Ordinarily Comply With Section 12A Pre-Institution Mediation: Delhi High Court
Market Value Determines Specified Value In Commercial Property Disputes: Calcutta High Court
BANKING/NBFC
DEBT RECOVERY LAWS
Settlement Preserving S.138 Proceedings Keeps Cheque Dishonour Liability Alive: Delhi High Court
PMLA
Former Reliance Power CFO Moves Supreme Court Against Bail Denial In ₹68.20 Crore PMLA Case
OTHER STORIES
NCLAT Transfers Judicial Member Justice N Seshasayee To Chennai Bench In Public Interest