LiveLawBiz: Corporate Legal News Daily Round-Up: October 15, 2026

IBC

NCLAT Stays Insolvency Proceedings Against Polycab India

NCLT Chennai Approves Pothys Retail's ₹43.02 Crore Resolution Plan For Arihant Retail

NCLAT Delhi Upholds CIRP Against Shri Paramsukh Edible Foods Based On GST Credit And TDS Records

Profitable Companies Can Face Insolvency Proceedings If They Default On Loans: Supreme Court

TAX

Bombay High Court Upholds Tata Chemicals' Tax Deduction For Non-Compete Fee Paid To Former Employee

GSTAT Delhi Directs Builder To Pay ₹31.20 Lakh To 66 Homebuyers For Failure To Pass On ITC Benefit

Rajasthan High Court Orders Release Of ₹47.45 Lakh Cash Seized Over Alleged Unaccounted Sales

Calcutta High Court Allows Birla Corporation's Cross-Objections In Income Tax Appeal Under CPC

Time Spent In Writ Petition Not Automatically Excluded From GST Appeal Limitation: Delhi High Court

Delhi High Court Calls Taxpayer's Absence From Cross-Examination Despite 10-Day Notice “Indolent And Negligent”

Delhi High Court Quashes Income Tax Penalty Order Passed During Pendency Of ITAT Appeal

Water Supply Agreement Is Sale Of Water, Not Taxable Service: CESTAT Delhi

Amounts Collected From Dhabas Under 'Yatri Plaza Yojna' Not Taxable To Service Tax: CESTAT Allahabad

Calcutta High Court Quashes ₹25.23 Lakh GST Penalty, Orders Release Of Two Detained Trucks

Tender Documents Sale Not A Service, No Service Tax Payable On Fees: CESTAT Delhi

Vodafone Idea Tax Dispute: Bombay HC Directs Income Tax Dept To Pass Orders In 13 Matters In 6 Weeks

CESTAT Chennai Sets Aside Service Tax Orders Against A.P. Constructions, Orders Fresh Adjudication

COMMERCIAL COURT ACT

Delhi High Court Says It Can Execute Decrees Below Pecuniary Threshold If Original Suit Exceeded It

IPR

“Have To Draw Some Line”: Delhi High Court To Examine Scope Of Personality, Publicity Rights Amid Rising Suits

Bombay High Court Refuses To Restrain Kangana Ranaut's 'Queen Full Power' Over Copyright Dispute

Madras High Court Closes Aamir Khan Productions' Copyright Suit Over “Batwara 1947” After Withdrawal

Breach of Family Settlement Over Trade Name Falls Under Commercial Division, Not IPR Division: Calcutta High Court

Delhi High Court Permanently Bars Hisar Coaching Operators From Using 'CAREER POWER' Mark

Delhi High Court Bars 3 Pizza Outlets From Using 'Domind's', 'Domzz' And Other Names Mimicking Domino's

COMPANY LAW

NCLT Chennai Allows First Motion For POCL Enterprises-Planetfirst Green Amalgamation

NCLT Cannot Order Share Buyout Without Finding Oppression, Mismanagement: NCLAT New Delhi

Section 21 Of Companies Act Does Not Bar Oral Agreements Between Companies: Rajasthan High Court

NCLT Mumbai Clears First Motion For HSBC InvestDirect Merger With 1% Share Capital Reduction

COMPETITION LAW

CCI Approves GRT Jewellers' Acquisition Of Majority Stake In Tribhovandas Bhimji Zaveri

SECURITIES LAW

Rajesh Exports Allegedly Misrepresented 99.8% Of Consolidated Revenue: SEBI In Interim Order Continuing Curbs

PMLA

Delhi High Court Grants Bail To Former RCOM Executive In Alleged ₹149.77 Crore Money Laundering Case

Bombay High Court Directs ED To Issue NOC For Society Redevelopment Despite PMLA Attachment Of One Flat

Kerala High Court Dismisses Ex-CM Pinarayi Vijayan's Plea To Appeal Against FIR Direction In CMRL-Exalogic Case

Delhi High Court Denies Anticipatory Bail To Raheja Developers' Ex-Director In ₹2,425 Crore Money Laundering Case

Banking/NBFC

Yes Bank AT-1 Bond Write-Off: Supreme Court Refuses To Interfere With Bombay High Court Order Quashing It

Yes Bank's ₹8,415 Crore AT-1 Bond Write-Down After Reconstruction Scheme Took Effect Was Illegal: Supreme Court

OTHER STORIES

Delhi High Court Rejects NDMC Plea To Dismiss Taj Mahal Hotel Operator's ₹38.35 Crore COVID-19 Licence Fee Suit