LiveLawBiz: Corporate Legal News Daily Round-Up: October 05, 2026

  • LiveLawBiz: Corporate Legal News Daily Round-Up: October 05, 2026

    IBC

    Pending Suit Against Company Under Liquidation Requires NCLT Leave To Proceed: Patna High Court

    Shareholder Is Not An “Aggrieved Person” To Challenge Resolution Plan Approval Under IBC: NCLAT Cites Park Energy

    Removal Of Promoter-Director In Quasi-Partnership Company Can Amount To Oppression: NCLT Mumbai

    Orissa High Court Quashes Air Pollution Case Against Tata Steel Over Bhushan Steel's Pre-CIRP Offences

    Resignation As Director Does Not Extinguish Personal Guarantee Liability: NCLT Indore

    Related Party Status Depends On Shareholding Threshold, Not Actual Control: NCLT Kolkata

    NCLT Ahmedabad Bars Revival Of Going-Concern Sale After 2025 IBBI Regulation Changes

    Pre-CIRP Electricity Dues Cannot Be Recovered By Discontinuing Supply During Moratorium: NCLT Ahmedabad

    NCLT Chennai Cancels Sale Deed Of Homebuyer Who Failed To Submit Claim During CIRP

    IPR

    Wholesale Reproduction Of ANI Videos On YouTube Not Fair Dealing: Delhi High Court Restraints RSY News

    Delhi High Court Declares “DS Group” And Logo Well-Known Trademarks

    Trade Mark Agent Authorisation Must Be Stamped Like Power Of Attorney: Kerala High Court

    Bombay High Court Restrains Unauthorised Use Of Actor Samantha Prabhu's Persona, Orders Takedowns

    TAX

    GST Not Payable On Amounts Recovered From Employees For Canteen Meals: Gujarat AAR

    GSTAT Lucknow Quashes ₹6.62 Lakh Demand Against Jai Enterprises, Says Suspicion Can't Prove Tax Evasion

    GSTAT Ernakulam Holds 7-Day Limit Mandatory For Penalty Orders, Quashes Order Passed After 445 Days

    GST Appeal Pre-Deposit Has No Impact On ITC Blocking Under Rule 86A Of CGST Rules: Madras High Court

    Calcutta High Court Quashes ₹1.68 Crore GST Demand Against SREI Equipment Finance After CIRP

    Rejection Of Tax Claim Alone Cannot Mean Concealment: ITAT Mumbai Deletes ₹1.23 Crore Penalty

    Madras High Court Acquits Woman, Says Non-Filing Of IT Return Not Wilful Without Tax Liability

    ITAT Ahmedabad Deletes ₹18.76 Lakh Disallowance On Herbalife Distributor's Commission To Wife's Firm

    Calcutta High Court Quashes Pre-IBC Resolution Income Tax Proceedings Against Binani Cement

    No Timeframe For Cancelling Duplicate PAN Can Cause Hardship To Taxpayers: Delhi High Court

    Delhi High Court Quashes Section 153C Income Tax Order, Says Satisfaction Note Was Recorded After Limitation Period

    Tax Classification Depends On Form Of Goods At Sale, Not End Use: Supreme Court

    COMPANY LAW

    Mere Non-Payment Of Money Under Tribunal's Order Not Contempt Without Wilful Disobedience: NCLT Ahmedabad

    Directions In Quashed NCLT Order Cannot Survive Or Be Enforced Independently: NCLAT Delhi

    NCLT Chandigarh Refuses To Recall Scheme Order, Holds Accounting Dispute Insufficient To Establish Fraud

    ARBITRATION

    Karnataka High Court Upholds Forfeiture Of Developer's Advance After 7-Year JDA Delay

    Writ Court Cannot Appoint Arbitrator Where Contract Mandates Statutory Mechanism: Patna High Court

    SECURITIES LAW

    Pancard Clubs Case: Supreme Court Appoints Justice Sudhanshu Dhulia-Led Committee To Auction Properties

    RERA

    Promoter's Pre-Deposit Can Be Released To Homebuyer After Promoter's Appeal Fails: Maharashtra REAT

    BANKING/NBFC

    Entire Bank Account Cannot Be Frozen For ₹2,253 Disputed Transaction: Calcutta High Court

    Delhi High Court Directs SBI To Refund ₹83.41 Lakh Foreclosure Charges To Campari Exports

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