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LiveLawBiz: Corporate Legal News Daily Round-Up: July 11, 2026

Kirit Singhania

12 July 2026 9:08 AM IST

    • LiveLawBiz: Corporate Legal News Daily Round-Up: July 11, 2026

    IBC

    NCLT Delhi Says Transfer Plea Cannot Be Allowed 'At Mere Asking,' Dismisses Ex-Promoter's Application

    NCLT Admits Insolvency Plea Against The Moms Co. Parent Over ₹1.32 Crore Dues

    NCLT Delhi Admits CIRP Plea, Holds Advance Paid For Unsupplied Goods Qualifies As Operational Debt

    Companies Act, DPDP Act Cannot Fasten Liability On Third-Party Cloud Service Provider Under IBC: NCLT Bengaluru

    NCLT Mumbai Approves SAB Events Revival Plan, Grants First-Motion Relief For Merger With Sri Adhikari Brothers

    Liquidator Cannot Take Possession Of Asset Where Ownership Is Seriously Disputed: NCLT Mumbai

    NCLT Mumbai Rejects 100 Jet Lite Employees' Bid To Claim Dues In Jet Airways Liquidation

    IPR

    Delhi HC Directs Reddit To Disclose Details Of Anonymous User Behind Samsung Galaxy S26 'Blast In The Box' Post

    Bombay High Court Declines Urgent Relief In Phantom Studios' Suit Against JioStar Over 'Queen' Remake

    TAX

    CESTAT Hyderabad Sets Aside ₹26.60 Lakh Customs Duty Demand, Rules Imported Quicklime Is Not Chemical Product

    ITAT Chennai Upholds Deletion Of Unexplained Money Addition Against Forex Commission Agent

    ARBITRATION

    Arbitration Act Interim Relief Cannot Be Used To Stay Debarment Based On Administrative Power: Delhi High Court

    Corporate Guarantee Cannot Replace Unconditional Bank Guarantee Agreed Between Parties: Bombay High Court

    Merely Obtaining Municipal Approvals Does Not Establish Developer's Readiness To Perform Contract: Bombay HC

    COMMERCIAL LAW

    Intended Business Use Of Office Premises Does Not Make Dispute Commercial: Bombay High Court

    Commercial Courts Cannot Hear Eviction Suits Under Jharkhand Rent Act: Jharkhand High Court

    DEBT RECOVERY LAWS

    MSME Borrower Must Establish Status Before NPA To Avail RBI's Revival Framework: Kerala High Court

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