LiveLawBiz: Corporate Legal News Daily Round-Up: March 09, 2026

Kirit Singhania

10 March 2026 9:28 AM IST

  • LiveLawBiz: Corporate Legal News Daily Round-Up: March 09, 2026

    IBC

    NCLT Ahmedabad Upholds Liquidator's Rejection of ₹211.87 Crore VAT and CST Claim Against Gujarat Foils

    NCLT Delhi Holds IBC Not A Recovery Mechanism, Dismisses Aidem Ventures' CIRP Petition Against NEWS24

    Revival Of Insolvency After Settlement Breach Not A Recovery Action: NCLT Ahmedabad

    IPR

    Delhi High Court Upholds Order Refusing Interim Relief To Novo Nordisk In Semaglutide Patent Dispute With Dr Reddy's

    Graphical User Interfaces Not Automatically Excluded From Registration Under Designs Act: Calcutta High Court

    TAX

    Supreme Court Refuses To Entertain Plea Challenging Search Powers Over Digital Devices Under Income Tax Act, 1961, And 2025 Act

    Gujarat High Court Sets Aside ₹30,000 Customs Penalty On Zaveri & Co. For Wrong Regulatory Action

    Fox Mandal & Company Takes ₹3.9 Crore Service Tax Dispute To Supreme Court

    ITAT Mumbai Deletes Additions On Individual Taxpayer, Rules Cash Redeposits Not “Unexplained”

    Builder Incentives For Timely Payment Cannot Be Taxed As 'Income from Other Sources': ITAT Delhi

    Gujarat High Court Grants Interim Relief To R.R. Exports Against HSNSC Cess Registration

    RERA

    RERA And Karnataka Apartment Ownership Act Operate At Different Stages, Not Repugnant: Karnataka High Court

    MahaRERA Directs Piramal Estate To Waive 50% Interest & GST On Homebuyer For Delayed Instalment

    MahaRERA Orders Sahara Prime City To Refund ₹33.84 Lakh And ₹20.87 Lakh For Decade Delay In Handing Over Flats.

    Haryana RERA Directs Parsvnath Developers To Pay ₹77.63 Lakh Compensation For Delay in Possession

    Punjab RERA Directs Omaxe Chandigarh Developers To Pay 10.80% Interest For Delayed Possession

    Tamil Nadu RERA Dismisses Homebuyers' Complaint Against Godrej Azure Developer Over Alleged Construction Defects

    COMPANY LAW

    Supreme Court Refuses To Interfere With ₹1,950 Crore NSEL Settlement For Traders Hit By 2013 Default

    NCLAT Stays NCLT Order Appointing Administrator For Maruti Suzuki Dealer Indus Motors

    ARBITRATION

    Failure To Commence Arbitration Within 90 Days Does Not Vitiate Interim Proceedings: Kerala High Court

    Madras High Court Allows Enforcement Of Foreign Arbitral Award Against Non-Signatory That Issued Cheque As Security For Claim

    Interim Relief Under Arbitration Act Cannot Supplant Execution Proceedings: Madras High Court

    Writ Not Maintainable Against MSME Council Award When Remedy Exists Under Arbitration Act: Madras High Court

    Courts Cannot Re-Examine Merits Of Foreign Arbitral Awards At Enforcement Stage: Bombay High Court Reiterates

    BANKING/NBFC

    ACJM Not Subordinate To CJM In Judicial Functions In SARFAESI Possession Proceedings: Bombay High Court

    Next Story