LiveLawBiz: Corporate Legal News Daily Round-Up: September 03, 2026

Kirit Singhania

4 Sept 2026 8:39 AM IST

  • LiveLawBiz: Corporate Legal News Daily Round-Up: September 03, 2026

    IBC

    NCLT Mandates Double-Sided Printing For All Filings To Promote Sustainability and Uniformity

    Clerical Mistake In CIRP Form Causing No Impact on Approved Resolution Plan Not Gross Dereliction: NCLAT

    Homebuyers Cannot Be Made To Bear Penal Charges For Project Delays As CIRP Costs: Supreme Court

    Public CIRP Announcement Creates Presumption Of Knowledge Of Moratorium: NCLAT

    NCLT Mumbai Directs Former Directors To Pay ₹344.58 Crore Over Fraudulent Diversion Of DHFL Loan

    NCLT Ahmedabad Rejects Kothamangalam Aggregates' Insolvency Plea Against ACC Limited

    NCLT Ahmedabad Dismisses Insolvency Plea Against Manpasand Beverages After Creditor Ceased To Exist Following Merger

    Delhi High Court Quashes Customs Demand Against JAL After Unfiled Insolvency Claim Stood Extinguished

    Termination of Insolvency Process Cannot Be Challenged When Order Also Granted Relief: Supreme Court

    NCLT Bengaluru Orders Status Quo After Claims That Byju's Assets Worth ₹150 Crore Were Auctioned for ₹16 Crore

    IPR

    Delhi High Court Appoints Amicus Curiae In Janhvi Kapoor's Personality Rights Suit

    TAX

    Gujarat High Court Quashes GST Demand Against Deceased Proprietor, Says Legal Heir Must Be Properly Heard

    Madras High Court Upholds GST Authorities' Power To Block Electronic Credit Ledger For Tax Recovery

    CESTAT Sets Aside ₹93.75 Lakh Demand Against HCL, Upholds BPO Works Contract Credit Denial

    Customs Cannot Indefinitely Detain Goods Through Panchnama To Reset Limitation: Gujarat High Court

    Supreme Court Sets Aside ₹425.28 Crore Customs Penalty Over Fake Citations, AI Hallucinations

    Kerala High Court Sets Aside Income Tax Assessment Treating PG Student's Stipend As Salary

    COMPANY LAW

    NCLT Mumbai Allows First Motion For Amalgamation Of Tata Motors' Wholly Owned Subsidiaries With It

    ARBITRATION

    Homebuyer Can Claim Delay Compensation Through Arbitration Over RERA, Consumer Law Remedies: Delhi High Court

    Delhi High Court Refers ₹1,889 Crore Jindal ITF-NTPC Arbitration Dispute To Third Judge After Split Verdict

    Delhi High Court Revives Otsuka-Trans Engineers 'NIL' Award, Says Extra Work Claim Was Not Proved

    Post-2015 Challenge Does Not Apply Amended Arbitrator Eligibility Rules To Earlier Arbitration: Delhi High Court

    Supreme Court Allows Adani To Enforce Coal Mining Contract Awards Against UPRVUNL If UCM Assets Fall Short

    SECURITIES LAW

    SAT Upholds SEBI Action Against Omaxe Limited Over ₹647 Crore Round-Tripping, Calls Transactions Sham

    Common Personnel Conditions Under Credit Rating Agency Rules Apply To Promoter's Borrowers, Subsidiaries: SAT

    NSE Clearing's Settlement Committee Cannot Order Restitution Of Liquidated Client Securities: Supreme Court

    RERA

    Homebuyer Can Claim Delay Compensation Through Arbitration Over RERA, Consumer Law Remedies: Delhi High Court

    Broad Settlement Deed Wording Does Not Bar Claims for Subsequently Discovered Defects: Karnataka REAT

    COMPETITION LAW

    CCI Orders Trustees' Association, Three Others To Stop Collective Fee Fixing For Debenture Trustee Services

    BANKING/NBFC

    Banks Can Use SARFAESI To Recover Dues Under Loans Acquired From Non-Notified Institutions: Supreme Court

    Mumbai Special CBI Court Grants Bail To Ex-RCFL CEO Devang Mody In ₹9,280 Cr. Loan Diversion Case

    Supreme Court Upholds RBI's Decision To Supersede Abhyudaya Co-operative Bank Board, Appoint Administrator

    DEBT RECOVERY LAWS

    Pending Registration Of Sale Certificate Does Not Mean SARFAESI Sale Is Incomplete: Delhi High Court

    Banks Can Use SARFAESI To Recover Dues Under Loans Acquired From Non-Notified Institutions: Supreme Court

    PMLA

    Foreign Remittances Alone Can't Establish Gross Turnover As 'Proceeds Of Crime': Bombay High Court

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