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LiveLawBiz: Corporate Legal News Daily Round-Up: June 12, 2026

Kirit Singhania

13 Jun 2026 9:13 AM IST

    • LiveLawBiz: Corporate Legal News Daily Round-Up: June 12, 2026

    IBC

    NCLT Bengaluru Declares Congress MLC Naseer Ahmed Bankrupt Over ₹1,454 Crore Personal Guarantee Dues

    Kerala High Court Dismisses Appeal Seeking CBI, ED, NIA Probe Into Byju's Insolvency

    Part-Payments After Demand Notice Do Not Negate Pre-Existing Dispute In Insolvency Plea: NCLT Bengaluru

    Fresh Relief On New Facts Not Fraudulent Despite Earlier Denial Of Similar Claim: NCLT Mumbai

    NCLT's Scrutiny Of Applicant's Standing To Invoke Personal Insolvency Process Is Not Adjudication: Karnataka HC

    'Other Creditors' Have No Right To Pre‑Approval Disclosure Of Resolution Plan: NCLT Chandigarh

    NCLT Hyderabad Directs Reconsideration Of Sarda Agro Scheme After HC Removes Wilful Defaulter Tag

    NCLT Mumbai Approves Sunsai Media's Resolution Plan For Vin Semiconductors With ₹5.69 Crore Revival Package

    IBBI Requires Going Concern Assessment Reports Before CoC Decides On Continuation Of Operations

    IPR

    Delhi High Court Refers Zee-Zivore Copyright Dispute Over Instagram Music To Mediation

    TAX

    GSTAT Committee Recommends Waiver Of Submitting Certified Copies With Appeals If Orders Are On GST Portal

    Depreciation Cannot Be Claimed On Goodwill Arising From Unsigned & Unregistered Agreement: ITAT Delhi

    COMPANY LAW

    NCLT Mumbai Clears First Motion For L&T Realty Business Demerger Into Wholly Owned Subsidiary

    Mere Existence Of Clause Dealing With Arbitration Does Not Mandate Arbitration Reference: NCLT Bengaluru

    NCLT Mumbai Sanctions Greenwood's Acquisition Of Aran's Stake In Aranca For ₹92.87 Lakh

    NCLT Mumbai Allows First Motion in Alkem–Adroit Biomed Merger, Orders Shareholders' Meeting

    ARBITRATION

    Arbitrator Appointment Without Written Waiver Under Section 12(5) Is Void Ab Initio: Delhi High Court

    Delhi HC Refers Morgan Securities–BPL Post-Award Dispute To Arbitration, Appoints Justice U.U. Lalit

    RERA

    TN RERA Directs ₹5.94 Lakh Refund After Finding Common Area Encroachment In Casa Grande Bellissimo Project

    BANKING/NBFC

    RBI Penalises Repco Home Finance, IIFL Samasta And True Credits For Regulatory Lapses

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