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LiveLawBiz: Corporate Legal News Daily Round-Up: July 07, 2026

Kirit Singhania

8 July 2026 9:59 AM IST

    • LiveLawBiz: Corporate Legal News Daily Round-Up: July 07, 2026

    COMPETITION LAW

    CCI Closes Antitrust Complaint Against Nissan Over Dealership Termination

    IBC

    'Shylockian System' Of Lending Cannot Be Permitted To Misuse IBC For Debt Recovery: NCLT Kochi

    'Endless Indulgence' Under Guise Of Resolution Defeats IBC's Purpose: NCLAT

    IBC Claim Requires Crystallised Right To "Payment," Not Mere Right To "Performance": NCLT Kolkata

    Order Passed On Mistaken Facts Cannot Be Basis For Contempt: NCLAT

    COVID Extension Does Not Waive Interest On Delayed Liquidation Payments: NCLT Mumbai

    IBC S.121(2) Timeline For Personal Guarantor Bankruptcy Applications Directory, Not Mandatory: NCLAT

    IBC Threshold Must Be Tested Against MahaRERA Records At Time Of Filing Petition: NCLT Mumbai

    IPR

    Trade Marks Registry Rejects Registration Of 'BOSSBABE' Trade Mark Over Similarity To Hugo Boss' Mark

    Delhi High Court Restrains Hema Industries From Using 'FREEDINE' Mark In 'FREEDOM' Trademark Dispute

    Cricketer Abhishek Sharma Moves Delhi High Court Seeking Protection Of Personality Rights

    Bombay High Court Refuses Interim Relief To Bristol Bakery, Grupo Bimbo In 'Bimbo' Trademark Dispute

    TAX

    Madras High Court Upholds GST Demand Holds ITC Claim Based On Fabricated Agreement Invalid

    Belated Allegation Of Coercion Cannot Justify GST Refund After Voluntary Payment: Gujarat High Court

    No Service Tax On Reimbursement Of Actual Electricity Charges Recovered From Tenants: CESTAT Chennai

    Gujarat HC Holds PLA Payment Cannot Result In Double Recovery, Directs ₹3.74 Cr. Credit Restoration

    CESTAT Chandigarh Quashes ₹55 Lakh Excise Duty Demand Over Pre-1991 Duty Collections

    Madras HC Upholds Jurisdiction Of Assessing Officers To Issue Reassessment Notices Under Income Tax Act

    Madras High Court Holds Employer Cannot Grant Section 89 Tax Relief Without Form 10E From Employees

    ITAT Ahmedabad Holds Shell Company Allegation Alone Cannot Justify ₹44.49 Crore Section 68 Addition

    ARBITRATION

    Emergency Relief Under Foreign Arbitration Rules Does Not Bar Interim Relief By Indian Courts: Bombay High Court

    Party Cannot Revive Contention Omitted Earlier Through Fresh Plea In Same Dispute: Gujarat High Court

    Non-Signatory Cannot Be Compelled To Arbitrate Merely For Claiming Through Signatory: Bombay HIgh Court

    Karnataka High Court Rejects Ex-Director's Objection To Settlement With NHAI After Company's Liquidation

    SECURITIES LAW

    SEBI Allows Depositories To Use 5% of IPF Investment Income For Administrative Expenses

    SEBI Tightens Buyback Framework, Introduces 15% Limit On Stock Exchange Route From 1 August

    Former Lakshya Promoter Moves SAT Against SEBI's Approval Of Learnfluence Education IPO

    RERA

    Routine Business, Approval Delays Not Force Majeure For Delayed Home Possession: Maharashtra RERA

    COMMERCIAL LAW

    Delhi High Court Restrains DUSIB From Acting On Bank Guarantees Furnished For Construction Of 7,400 EWS Houses

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