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LiveLawBiz: Corporate Legal News Daily Round-Up: March 28, 2026

Kirit Singhania

29 March 2026 9:44 AM IST

    • LiveLawBiz: Corporate Legal News Daily Round-Up: March 28, 2026

    IBC

    DMRC Cannot Be Forced To Revive Concession Agreement Granted To Prime Infrapark, Terminated Before CIRP: NCLAT

    OTS Proposals By Corporate Debtor Extend Limitation Against Personal Guarantors: NCLT Ahmedabad

    IBBI Circular Requiring RPs To Approach PMLA Court For ED-Attached Assets Not Retrospective: NCLT Kolkata

    Insolvency Plea Against Personal Guarantor Filed During Interim Moratorium Is Void Even if Earlier Case Is Withdrawn: NCLAT

    IPR

    Madras High Court Orders Removal of 'Sugar Pop' Device Mark On Plea By Sugar Cosmetics Brand

    TAX

    Illegality Of Search Does Not Make Evidence Gathered Inadmissible In GST Fraud Cases: Karnataka High Court

    Gujarat High Court Quashes Reassessment Based On GST Proceedings Set Aside, Finds No Independent Material

    Circular Issued In Delhi Does Not Confer Jurisdiction: Delhi High Court Dismisses Plea On Goods Seized By Customs In Kolkata

    Gujarat High Court Quashes Reassessment Based On GST Proceedings Set Aside, Finds No Independent Material

    SBI Not In Default For Not Deducting TDS On Employees' LFC In View Of Madras HC Order: ITAT Ahmedabad

    60% Tax On Unexplained Income Prospective From April 2017, Not Applicable To AY 2017–18: ITAT Ahmedabad

    COMPANY LAW

    NCLT Indore Directs Meetings In HEG Demerger, Bhilwara Energy Merger; Some Meetings Dispensed

    NCLT Mumbai Compounds Companies Act Violations By Wadhwagroup Directors On Payment Of ₹36.10 Lakh

    ARBITRATION

    Encashing ₹18.64 Lakh Settlement Without Prior Objection Equals Acceptance: Bombay High Court In Reliance ARC's Plea

    SECURITIES LAW

    SEBI Bars Yash Trading Academy Proprietor For 2 Years For Unregistered Investment Advisory, PMS

    SBICAP Trustee Settles SEBI Case Over Lapses in JM Financial ARC NCD Issuances, Pays ₹23.45 Lakh

    RERA

    Unregistered FAR Not By Itself A RERA Violation Without Sale Or Marketing: Haryana REAT

    Marketing Entity Not A 'Promoter': Tamil Nadu RERA Refuses to Hold It Liable In Chennai Housing Project Delay

    BANKING/NBFC

    RBI Imposes ₹2.17 Crore Penalty On Three Public Sector Banks For Regulatory Lapses

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