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LiveLawBiz: Corporate Legal News Daily Round-Up: March 27, 2026

Kirit Singhania

28 March 2026 9:33 AM IST

    • LiveLawBiz: Corporate Legal News Daily Round-Up: March 27, 2026

    IBC

    No Asset Or Repayment Assessment Needed At Admission Stage For Personal Guarantor IRP: NCLT Chennai

    NCLT Ahmedabad Relies On DRT Judgment To Prove Execution Of Personal Guarantees Despite No Originals

    CIRP Cannot Be Revived After Resolution Plan Approval And Liquidation: NCLAT Chennai

    Non‑Compliance Of Form FA Cannot Defeat Insolvency Settlement Backed By CoC Approval: NCLT Chennai

    Penal Provisions Under IBC Require Proof Of Wilful Conduct: NCLT Indore

    Parties Cannot Reopen Claims Invoking Tribunal's Review Powers After Plan Is Approved: NCLT Indore

    Acknowledgment Of Debt By Corporate Debtor Is Acknowledgment By Guarantor, Extends Limitation: NCLAT

    IPR

    Karnataka High Court Upholds Injunction Against 'TULSI' Agarbatti Mark, Finds Prima Facie Infringement Of 'TULASI'

    Madras High Court Finds Geetham Restaurants Passed Off As Sangeetha For 17 Months, No Trademark Infringement

    'Kaithi' Makers Move Bombay High Court Over 'Bholaa' Remake Rights Dispute

    Delhi High Court To Pass Interim Orders To Protect Actor Mohanlal's Personality Rights

    'Completely Identical': Delhi High Court Temporarily Injuncts Firm From Using Mark Identical To Marriott's THE EDITION

    TAX

    Anti-Profiteering Interest Liability Arises At Time of Supply, Not Completion Certificate: GSTAT Delhi

    ITAT Mumbai Deletes ₹48.97 Lakh Tax Addition Against Zee Entertainment For Failing To Record Reasons

    Finance Bill 2026: 12% Surcharge on Buybacks Applies Only to Additional Tax on Promoters'; Income Tax Dept. Clarifies

    Cash Deposits During Demonetisation Cannot Be Treated As Unexplained If Recorded In Books: ITAT Chennai

    Gujarat High Court Condones Delay In Filing Income Tax Return, Finds Accountant's Error Caused Genuine Hardship

    COMPANY LAW

    Statutory Auditors Cannot Claim Blanket Immunity Under Section 339 Of Companies Act: NCLT Mumbai

    No 'Deemed Liability' For Company Directors Under Negotiable Instruments Act: Calcutta High Court

    ARBITRATION

    Acceptance Of Insurance Claim Under Protest Not 'Accord And Satisfaction': Bombay High Court

    Chhattisgarh High Court Allows Gilcon Project's Claims, Rejects State's Appeal In Arbitration Dispute

    DEBT RECOVERY LAWS

    DRT Cannot Condone Delay Beyond 45 Days In Pleas Challenging SARFAESI Recovery Measures: Karnataka High Court

    RERA

    Haryana RERA Orders Imperia Structures To Pay ₹55 Lakh For Loss Of Property Appreciation

    BANKING/NBFC

    Litigant Cannot Claim Right To Privacy To Override Court Orders On Disclosure: Kerala High Court

    OTHER STORIES

    'PILs Filed At Behest Of Rivals Harm Corporate Reputation': Bombay High Court Rejects FIR Plea Against Reliance Industries

    Bombay High Court Dismisses Plea Seeking CBI Probe Into Reliance's Alleged $1.55 Billion Gas Theft From ONGC

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