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LiveLawBiz: Corporate Legal News Daily Round-Up: March 03, 2026

Kirit Singhania

4 March 2026 9:12 AM IST

    • LiveLawBiz: Corporate Legal News Daily Round-Up: March 03, 2026

    IBC

    Financial Hardship No Ground To Reject Insolvency Plea Once Default Is Established: NCLT Jaipur

    Balance Sheet Acknowledgment Of Debt Extends Limitation; NCLAT Upholds IDBI's Insolvency Plea Against HIL

    NCLT Ahmedabad Denies Secured Creditor Priority To State Tax Dept. In Diamond Power Liquidation

    Judicial Custody Of MD No Ground To Claim Natural Justice Violation If Counsel Appeared: NCLAT

    IPR

    Delhi High Court Grants Temporary Relief To Mankind: Restrains Copy Of MANFORCE Condom Artwork And Taglines

    Delhi High Court Directs Removal Of 'GRAND MASTI' Trademark For Similarity To Radico Khaitan's 'MASTIH'

    Delhi High Court Grants Interim Injunction To Novartis Against 'NOVIETS' For Trademark Infringement

    Delhi High Court Upholds Rejection Of Crystal Crop's Herbicidal Composition Patent

    Delhi High Court Bars Groundless Copyright Threats Against TV9 Over Brief Use Of Third-Party Footage

    TAX

    GST Payable Separately On Municipal Works Contracts Unless Tender Includes It: Kerala High Court

    Air India SATS Entitled To Tax Benefits On Ground & Cargo Handling Income: ITAT Delhi

    Income Tax Authority Must Record Prima Facie View On Taxability Before Issuing Withholding Certificate: Delhi High Court

    No Disallowance Of Interest In Absence of Nexus Between Borrowed Funds And Advances: ITAT New Delhi

    ITAT Delhi Deletes ₹3.42 Crore Transfer Pricing Addition On Loans and Receivables In Relief To Varun Beverages

    'No Whisper Of Tangible Material': ITAT Delhi Quashes Reassessment Against Vedanta For AY 2010-11

    Continuing Look Out Circular After Tax Proceedings Conclude Violates Fundamental Rights: Delhi High Court

    Delhi High Court Directs 2% Withholding Tax Certificate For US Software Firm DocuSign

    RERA

    Even Appeal Against Consequential Execution Order Requires Full Decretal Deposit Under RERA : UP REAT

    Non-Registration Of Ongoing Project Does Not Bar RERA Or Hinder Allottee Rights: Kerala High Court

    ARBITRATION

    Setting Aside Of Arbitral Award Does Not Automatically Remand Matter To Arbitrator: Kerala High Court

    Supreme Court Refuses To Interfere With Bombay High Court Ruling In Vedanta–Sunflag LAM Coke Arbitration Dispute

    Arbitration Not Available Under WB Premises Requisition Act After Requisition Lapses: Calcutta High Court

    BANKING/NBFC

    Limited SARFAESI Auction Deferment To Preserve Subject Matter Within Supervisory Jurisdiction: Kerala High Court

    Delhi High Court Sets Aside Bank-Issued LOCs Against Pomegranate Coaters Directors and Guarantors

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