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

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

    IBC

    Parties Cannot Demand Financial Records As A Right In IBC Section 7 Proceedings: NCLT Indore

    NCLT Delhi Rejects Redpro's ₹1.40 Cr. Insolvency Plea, Says Invoices Must Prove Contractual Liability

    Participation In Corporate Debtor's Policy-Making Sufficient To Disqualify Financial Creditor From CoC: Supreme Court

    Unpaid Liquidation Claims Cannot Justify Denial Of Fresh Electricity Connection: NCLT Chandigarh

    NCLT Indore Rejects Personal Guarantor's Claim That Debt Owed To NBFC Is 'Imaginary' After Arbitral Award

    Separate 'Invocation of Notice' Not Mandatory If Creditor's Demand Establishes Liability: NCLT Indore

    Kerala High Court Refuses To Stay Byju's Insolvency, Admits Review Plea Seeking CBI, ED Probe

    IPR

    Bombay High Court Protects Natural Ice Creams From Fake Franchise Offers By Impersonators

    Madras High Court Upholds Registration Of 'NICE' Mark Despite Dr Reddy's 'NISE' Trademark Objection

    TAX

    GSTAT Delhi Directs Candeur Constructions To Pass On ₹1.63 Crore ITC Benefit To 188 Homebuyers

    Enhanced Court Fee Applies To Tax Disputes Initiated On Or After April 1, 2016: Kerala High Court

    Starch Used In Liquid Glucose Production Qualifies For DFIA Benefits Under SION: Gujarat High Court

    Reassessment Can Include Other Escaped Income Even If Original Addition Fails After 2021 Amendment: ITAT Kolkata

    ITAT Sets Aside Revision Order Over ₹5.65 Crore COVID-19 Relief Donation To Medica Hospitals

    Dyeing, Bleaching Fabrics On Job-Work Basis Not Liable To Textile Cess Under Textiles Committee Act: Supreme Court

    COMPANY LAW

    Bengaluru Court Orders Company To Pay ₹2.75 Lakh Legal Fees, Rejects Personal Liability Of Directors

    ARBITRATION

    ​​Fraud Allegations Do Not Automatically Bar Arbitration In Civil Disputes: Madhya Pradesh High Court

    Arbitral Award Challenge Limitation Runs From Certified Copy Receipt: Madhya Pradesh High Court

    Arbitrators Need Not Discuss Every Document Or Contractual Clause In Award: Delhi High Court

    CPWD Cannot Restrict Contractor's Arbitrator Choice To Its Own Panel: Delhi High Court

    Housing Society Member Can Seek Interim Relief Despite Not Signing Agreement With Arbitration Clause: Bombay HC

    RERA

    Homebuyer Denied Flat And Rise In Property Value Can Claim Higher Compensation: Karnataka RERA

    BANKING/NBFC

    Kerala High Court Allows LPG Distributor To Operate Account Despite ₹1.16 Cr. Lien, Cites Alleged Fraud

    PMLA

    ED Cannot Arrest Accused Without Fresh Material After Seeking Further Questioning On Existing Evidence: Bombay HC

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