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

Kirit Singhania

28 May 2026 9:20 AM IST

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

    COMPETITION LAW

    Supreme Court Sets Aside NCLAT Order Upholding CCI's ₹202 Crore Penalty On Amazon In Future Coupons Deal

    CCI Cannot Keep Approved Merger In Abeyance Or Demand Fresh Filing Of Same Deal: Supreme Court

    TAX

    Supreme Court Upholds 28% GST On Online Money Gaming, Fantasy Sports; 2023 Amendments Retrospective

    CESTAT Chennai Sets Aside Confiscation Of Sanitary Napkin Imports Over Alleged Violations Of BIS Norms

    CESTAT Kolkata Says Customs Cannot Extend Findings From Two Tested Mica Consignments To 72 Earlier Imports

    Delhi High Court Quashes Customs Communication Seeking ₹3.2 Crore From Vivo India, Orders Fresh SCN

    CESTAT Kolkata Sets Aside Service Duty On Sterling Meta-Plast, Excludes Franchise Fees, AMP From Value

    Proportionate CENVAT Credit Reversal Equals Non-Availment; CESTAT Delhi Quashes Demand Against Hindustan Zinc

    ITAT Delhi Deletes ₹15.96 Crore Addition Against Charitable Society Over Allegedly Non-Genuine Donations

    IBC

    Supreme Court Declines Ex-NCLAT Member's Plea Challenging Post-Retirement Practice Restriction Before NCLT, NCLAT

    Auction Purchaser Of CoC Member Company Cannot Represent It Until Sale Completion: NCLT Kolkata

    Complex Disputed Commercial Arrangements Cannot Be Decided In Summary Insolvency Proceedings: NCLT Jaipur

    Look-Out Circular Cannot Bar Bankrupt Guarantor's Travel For Official Duties: Karnataka High Court

    NCLT Chennai Reiterates Unauthorised Communications Cannot Trigger CIRP, Dismisses ₹1.24 Crore Plea

    Regulation 30A Permits CIRP Withdrawal Without Creditor Notice Prior To CoC Constitution: NCLAT New Delhi

    Prima Facie Case Of Contempt Must Be Established Before Issuing Show-Cause Notice: NCLAT

    Singapore Court Sentences Byju Raveendran To Six Months In Jail For Contempt

    IPR

    Calcutta High Court Refuses Interim Injunction Against 'ON & ON' In ONN's Trademark Suit

    Bombay High Court Temporarily Restrains Use Of 'Kranti Kamat' Mark In Kamats Worldwide Trademark Suit

    Supreme Court Declines To Entertain Western Digital Challenge Over Refurbished Hard Drive Sales

    Saket Court Rejects Jagran Prakashan's Trademark Claim Over “JAGRAN”, Imposes ₹10 Lakh Costs

    COMPANY LAW

    Oppression, Mismanagement Disputes Cannot Be Referred To Arbitration: NCLT Chandigarh

    ARBITRATION

    Unstamped Arbitration Agreement Survives; Objection Must First Be Raised Before Arbitrator: Supreme Court

    Winding Up Of Company Will Not Automatically Stay Arbitral Proceedings Against Promoters: Kerala High Court

    Tenancy Disputes Under 2001 Act Non-Arbitrable, Rent Tribunal Has Exclusive Jurisdiction: Rajasthan HC

    Supreme Court Refuses To Set Aside “Patently Illegal” Arbitral Award, Modifies Relief Instead

    Delhi High Court Upholds ₹1.22 Crore Award Against Delhi Tourism & Transportation Development Corporation

    Power To Correct Clerical Errors In Arbitral Awards Can't Be Used To Substantially Modify Them: Supreme Court

    SECURITIES LAW

    SEBI Penalises Portfolio Manager First Global, Directors For Outsourcing Core PMS Functions

    SEBI Penalises Investment Adviser ₹5 Lakh For Operating Without Valid NISM Certification, Other Lapses

    SEBI Fines IDBI Trusteeship ₹2 Lakh For Delays In Default Notices, Debenture Holder Meetings

    SEBI Orders Sanbun Investments Proprietor To Refund ₹4.72 Crore, Bars Him From Securities Market For 3 Years

    Supreme Court Stays SEBI Dividend Default Prosecution Against Former Zylog Systems Executive Till Next Hearing

    RERA

    Adani Infrastructure's SPV Not A Promoter; Haryana REAT Upholds RERA Registration Rejection For Parking Project

    DEBT RECOVERY LAWS

    Non-Borrower Tenants Need Not Make Pre-Deposit Before Filing Appeal Before DRAT: Karnataka High Court

    OTHER STORIES

    Supreme Court Upholds Tamil Nadu, Karnataka Online Betting Laws; Skill Game Betting Not Protected

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