LiveLawBiz: Corporate Legal News Daily Round-Up: March 02, 2026

Kirit Singhania

3 March 2026 9:57 AM IST

  • LiveLawBiz: Corporate Legal News Daily Round-Up: March 02, 2026

    IBC

    Winding Up Petitions Transferred From High Court To NCLT Cannot Be Admitted Mechanically: NCLAT

    NCLAT Holds Section 198 Cannot Be Used To Extend IBC Appeal Deadline, Rejects IBBI's 103-Day Delay

    IBBI Suspends Byju's Former Resolution Professional Pankaj Srivastava For Three Years

    IBC Proceedings Cannot Become Evidentiary Trial: NCLT Kochi Refuses To Summon Corporate Debtor's Lessor

    IPR

    Delhi High Court Grants Interim Injunction To GSK Against Zee Laboratories In 'PHEXIN'-'FEXIT' Trademark Dispute

    Delhi High Court Dismisses Perjury Plea Against Britannia In GOOD DAY Trademark Dispute With Desibites Snacks

    Delhi High Court Finds 'Huge Counterfeiting Operation', Awards ₹2.5 Lakh Damages To HUL, P&G

    Delhi High Court Grants Temporary Injunction Protecting Personality Rights Of Spiritual Leader Aniruddha Bapu

    Delhi High Court Sets Aside Order Reviving Opposition To IBM's “TIVOLI” Trademark Application

    TAX

    Naming Judges In Affidavits Is “Totally Uncalled For”: Allahabad High Court

    Check-Posts Cannot Value or Confiscate Goods in Transit: Andhra Pradesh High Court

    Denial Of Cross-Examination Justified Under Excise Act When Statements Are Corroborated: Delhi High Court

    Mere Presence Of Finance Minstry, CBIC In Delhi Doesn't Confer It Jurisdiction To Entertain Petition: Delhi High Court

    Delhi High Court Quashes Draft IT Assessment Order Passed Before Upload Of Transfer Pricing Relief Order

    Delhi ITAT Deletes Rs 11.32 Lakh Addition On Payments Towards Credit Card Dues After Source Explained

    Demonetisation Cash Sales Supported by Books and VAT Returns Cannot Be Treated as Unexplained Income: ITAT Delhi

    Delhi ITAT Restricts Verizon Transfer Pricing Adjustment, Says Revenue Cannot Reject Consistent Model

    Delhi High Court Calls ITAT's Indefinite Adjournment After Reserving Judgment 'Sheer Wastage Of Time'

    Allahabad High Court Stays Income Tax Revision, Cites No Definite Error In Reassessment Order

    COMPANY LAW

    NCLAT Modifies NCLT Order Dismissing Company Petition for Non-Joinder of Necessary Party, Allows Impleadment

    ARBITRATION

    Delhi High Court Declines Interference With Arbitral Award In TDI-DMRC Advertising Rights Dispute

    Delhi High Court Dismisses UOI Challenge To ₹32.76 Crore Arbitral Award For Varindera As Time-Barred

    Delhi High Court Stays Encashment of Conditional Bank Guarantees, Says Invocation Prima Facie Extra-Contractual

    Supreme Court Dismisses SpiceJet Challenge To ₹144.51 Crore Deposit Order In Dispute With Kalanithi Maran

    Delhi High Court Partly Sets Aside Arbitral Award Against Airports Authority Of India Over Limitation

    RERA

    Rajasthan REAT Dismisses 20 Homebuyers' Refund Appeals After Project Completion Certificate

    Repeal Of 1993 West Bengal Building Act Does Not Extinguish Pending Proceedings: Calcutta High Court

    BANKING/NBFC

    Bombay High Court Quashes CBI FIR Against GTL Infrastructure Over ₹11,263 Crore Loan Restructuring

    SECURITIES LAW

    SEBI Imposes ₹29 Lakh Penalty on Café Coffee Day Parent, Directors and Senior Officials Over Disclosure Failures

    Supreme Court Directs SEBI Recovery Officers To Decide 106 PACL Property Attachment Objections

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