LiveLawBiz: Corporate Legal News Daily Round-Up: October 16, 2026

IBC

Directors Cannot Evade Liquidation Duties By Claiming One Director Managed Company Affairs: NCLT Kochi

NCLT Kochi Rejects EPFO's ₹59.46 Lakh Claim Against Peejay Agro Foods Over Uncrystallised Dues

NCLT Must Assess Prospects Of Recovering Arbitral Claim Before Ordering Liquidation: NCLAT

NCLT Bengaluru Says Govt. Companies Subject To IBC, Admits CIRP Against Karnataka Food Corporation

IPR

Madras High Court Sets Aside Refusal To Register Exponent Energy's 'EXPONENT' Trademark

Madras High Court Grants Injunction Against Piracy Of Vijay Deverakonda's Ranaballi

Actor Kriti Sanon Moves Delhi High Court To Protect Her Personality Rights

TAX

Gujarat High Court Quashes ₹43.43 Crore GST Demand Against Amul

Mere Introduction To Freight Forwarder Does Not Prove Intent To Evade Customs Duty: CESTAT Chennai

Cash Loan Violating Income Tax Provisions Still Enforceable Under Cheque Bounce Law: Bombay High Court

Sikkim High Court Quashes Zydus Healthcare Reassessments, Says Audit Objection Isn't New Evidence

Single Business Transaction Cannot Justify Income Tax Case Transfer: Calcutta High Court

Central Sales Tax | Form H Must Be Filed By Time Of Assessment To Claim Tax Benefit: Andhra Pradesh High Court

COMPANY LAW

Shareholder Cannot Maintain Individual Appeal After Failing To Avail Representative Remedy: NCLAT

Kerala HC Sets Aside NCLT Order Refusing To Implead Alleged Share Transferees In Company Mismanagement Case

ARBITRATION

Lawyer's Assumption That Judgment Was Postponed Cannot Justify IRCT's Delayed Appeal: Karnataka High Court

Reproducing Substantial Portions Of Award While Deciding Challenge Not Non-Application Of Mind: Delhi High Court

Karnataka High Court Appoints Arbitrator In ₹2.53 Cr. Dispute Concerning Military Engineer Services

Arbitration Act Interim Relief Unavailable In Electricity Disputes When Commission Can Grant Similar Relief: Delhi High Court

Delhi High Court Denies SpiceJet More Time To Deposit ₹144.51 Crore Interest In Dispute With Kalanithi Maran

'Or Otherwise' Clause In Contract Bars Arbitral Interest Awards Beyond Delayed Payments: Supreme Court

Delhi High Court Says Incomplete Address Cannot Prove Award Service, Rejects GAIL's Limitation Plea

RERA

Apartment Owners Cannot Avoid Maintenance Charges Merely Because No Separate Agreement Was Signed: Punjab RERA

RERA| Brochure Clause Allowing 20% Deduction On Refund Without Interest Is Unfair: Allahabad High Court

BANKING/NBFC

Supreme Court Refuses To Direct IDBI Bank To Honour ₹8.7 Crore Bank Guarantee To CTUIL

DEBT RECOVERY LAWS

Borrowers Cannot Bypass SARFAESI Pre-Deposit Requirement By Challenging Original NPA Classification: Karnataka High Court

PMLA

Supreme Court Grants Bail To Sahara Group Functionary In ₹76 Crore Money Laundering Case

FEMA

ED Must First Prove FERA Violation Before Shifting Burden Of Proof To Accused: Delhi High Court