LiveLawBiz: Corporate Legal News Daily Round-Up: June 22, 2026
Kirit Singhania
23 Jun 2026 9:36 AM IST
IPR
National Biodiversity Authority Approval Has No Bearing On Patentability: Delhi High Court
IBC
NCLT Mumbai Initiates CIRP Against Longrange Commodities, Admits ₹90.54 Crore UCO Bank Petition
NCLAT Upholds NCLT Order Allowing Liquidator To Challenge JDA, GPA Termination Before Civil Court.
Resolution Professional Cannot Be Replaced For Disagreement With Recommendation: NCLT Jaipur
Secured Creditor Cannot Enforce Security After Statutory Timeline Under Regulation 21A: NCLT Mumbai
TAX
Revenue Cannot Sit In The Armchair Of Businessmen: ITAT Delhi Deletes ₹17.8 Lakh Addition
ITAT Ahmedabad Holds Suspicion Cannot Replace Evidence, Strikes Down ₹38 Lakh & ₹10.5 Lakh Additions
ITAT Kolkata Remands Capital Gains Assessments Over Mandatory DVO Reference Under Section 50C(2)
Dividend From Cooperative Societies Remains Deductible Despite Erroneous Claim: ITAT New Delhi
OYO Share Premium From FOCC Investment Not Taxable Under S.56(2)(viib) Income Tax Act: ITAT Delhi
COMPANY LAW
Advance Paid For Kerala Trade Centre Space Not A Deposit With Kerala Chamber Of Commerce: NCLAT
NCLT Mumbai Holds AGM Default Compoundable, Levies ₹40.90 Lakh On Kolhapur Hotels Directors
ARBITRATION
SECURITIES LAW
SEBI Launches Securities Market TechSprint To Tackle Market Challenges Through Innovation
RERA
TDR From Reserved Land Cannot Defeat Deemed Conveyance Rights Of Societies: Bombay High Court
Rajasthan RERA Orders Forensic Audit Of Avalon Royal Park Project, Says IBC Moratorium Not A Bar
BANKING/NBFC
RBI Ombudsman Cannot Reject Complaints Through Unsigned Emails, Must Give Reasons: Kerala High Court