LiveLawBiz: Corporate Legal News Daily Round-Up: May 12, 2026

Kirit Singhania

13 May 2026 8:50 AM IST

  • LiveLawBiz: Corporate Legal News Daily Round-Up: May 12, 2026

    IPR

    Delhi High Court Questions Merchandiser's Authority To Sell Akkineni Nagarjuna-Branded T-Shirts

    Delhi High Court Sets Aside Rejection Of South Korean Pharma's Patent Application, Orders Fresh Review

    Delhi High Court Upholds Rejection Of Patent Application For Counterfeit Product Detection System

    IBC

    Supreme Court Says Appeal Without Certified Copy Was "Wholly Incompetent," Sets Aside NCLAT Order Condoning Delay

    NCLT Chandigarh Orders Handover Of Aabha Industries Factory To RP, Says Arbitral Award Hit By IBC Moratorium

    NCLT Mumbai Rejects Johnson Screens' Insolvency Plea Against Shapoorji Pallonji

    Statutory Charge Cannot Be Waived By Marking 'N.A.' Against Security Interest In CIRP Claim Form: NCLAT

    Personal Guarantor Cannot Escape Liability Due To Creditor's Withdrawal from CIRP: NCLT Jaipur

    NCLAT Upholds Chamber Constructions' Liquidation, Says Parallel CIRP Against Borrower And Guarantor Maintainable

    Statutory Auditor Not Part Of Company Management, Cannot Be Compelled To Assist RP Under IBC: NCLAT

    NCLAT Says Gemini Engi Fab Can't Cite Delay, Quality Disputes After Itself Quantifying Dues; Upholds CIRP

    Santosh Devcon Shareholder's Multi-Forum Relief Bid Was 'Forum Choosing,' Not Forum Shopping: NCLT Indore

    NCLAT Refuses To Condonе 193-Day Delay, Says Registry Need Not Identify All Defective Documents

    Resolution Professional Need Not Consult CoC To Appoint Professionals To Assist In CIRP : NCLAT

    TAX

    CESTAT Delhi Quashes Tax Demand Against IndiGo Holds Aircraft Generators Attract 18% IGST, Not 28%

    ITAT Mumbai Upholds Denial Of Tax Deduction On ₹25 Lakh Donation To Kisan Party Of India

    R&D Deduction Cannot Be Denied for Non-Filing of Form 3CL When Already Available With AO: ITAT Mumbai

    COMPANY LAW

    NCLT Ahmedabad Allows Ex-Adani Power Director To Compound Companies Act Offences On ₹9.75 Lakh Payment

    NCLT Mumbai Approves Arrka Infosec-Persistent Systems Merger, Says Scheme Fair, Not Against Public Policy

    NCLT Chennai Sanctions Amalgamation of Sundaram Auto Components With TVS Motor Company

    NCLT Chennai Directs Meetings On Dr. Agarwal's Eye Hospital–Health Care Amalgamation Scheme

    ARBITRATION

    Vague Or Ambiguous Arbitration Notice Cannot Validly Commence Arbitral Proceedings: Calcutta High Court

    Delhi HC Refers JioStar-Absolute Legends Dispute Over Legends League Cricket Media Rights To Arbitration

    Arbitral Proceedings Cannot Be Terminated Twice; Recall Rejection Cannot Be Challenged As An Award: Delhi HC

    Delhi High Court Halts Arbitration in Ramprastha–Rhine Power Dispute Pending Contempt Ruling

    Allahabad High Court Refuses Writ Against MSME Council Award, Directs Recourse Under Section 34

    Supreme Court Appoints Arbitrator In Ucon-Utracon Dispute Over 'Utracon' Brand Use, Share Sale Pact

    Himachal Pradesh HC Says State Waived Arbitration Bid After Contesting L&T's Hydro Power Dispute For Seven Years

    SECURITIES LAW

    SEBI Penalises Kishore, Rakesh Biyani, Ex-Future Retail CFO ₹50 Lakh Over Disclosure Lapses

    SAT Slams SEBI For 'Sleeping Over' Shree Global Tradefin Case, Sets Aside Penalties Against 7 Entities

    "Precious Right To First Appeal": Supreme Court Condones 1059-Day Delay In Khelo MCX Challenge To SEBI Order

    RERA

    UP RERA Says Complaints Against Unregistered Projects To Be Heard After Deciding If Registration Was Required

    Next Story