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

Kirit Singhania

17 Sept 2026 9:57 AM IST

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

    IBC

    NCLAT E-Filing Glitch Caused One-Day Delay: Supreme Court Sets Aside Order Dismissing IBC Appeal As Time-Barred

    Subsequent Buyer's Post-CIRP Electricity Dues Dispute Outside Insolvency Jurisdiction: NCLT Ahmedabad

    NCLT Ahmedabad Dismisses Make India Impex's ₹9.10 Crore Insolvency Plea Against Elite Green

    NCLT Ahmedabad Admits Immacule Lifesciences' Insolvency Plea Against FTF Pharma Over ₹2.18 Cr. Debt

    IPR

    Delhi High Court Restrains Real Estate Websites Using SignatureGlobal Marks And Project Material

    Bombay Shaving Co. Agrees To Take Down Allegedly Disparaging Ad After Delhi HC Calls It 'Mockery Of Court'

    TAX

    Gujarat High Court Quashes GST Demand, Holds ITC Cannot Be Denied On Non-Taxable Transaction

    Calcutta High Court To Examine If Customs Can Treat 'Obscene Adult Sex Toys' As Prohibited Goods

    Assessing Officer Cannot Reopen Income Tax Settlement Through Reassessment: Supreme Court

    Mere Payment By Indian Resident To Non-Resident Not Income Accruing In India: Delhi High Court

    Foreign Award Interest Becomes Judgment Debt After HC Deems Award A Decree, Not Taxable In India: ITAT Delhi

    Telangana High Court Quashes Reassessment Against Cyberabad Citizens Over Demerged Business Income

    Telangana High Court Quashes Naandi Foundation Reassessment, Says 'Further In-Depth Scrutiny' Not Enough

    Centre Challenges Punjab & Haryana HC Verdict Striking Down S.147A Income Tax

    Invalid Swiss Tax Reference Can't Extend Limitation For Tax Assessment: Delhi High Court Dismisses Income Tax Dept's Appeal

    Future Redevelopment Potential Cannot Be Treated As Certain Benefit For Stamp Duty Valuation: Bombay High Court

    COMPANY LAW

    Mere Notice For Director's Removal Does Not Amount To Oppression: NCLT Ahmedabad

    ROC Cannot Adjudicate Disputes Over Director Removal While Processing DIR-12: NCLT Ahmedabad

    ARBITRATION

    No Separate Signature Needed On Invoice Arbitration Clause If Parties Acted On It: Delhi High Court

    One Party's Arbitrator Cannot Act As Sole Arbitrator If Other Fails To Nominate: Karnataka High Court

    Gujarat High Court Sets Aside Polymech's ₹40.53 Lakh Majority Award, Upholds ₹4.25 Lakh Minority Award

    Delhi High Court Partly Sets Aside ₹1.42 Cr. SBI Contractor Award, Rejects Emden Formula Without Proof

    Delhi High Court Issues Notice On BharatPe Plea Over Unity Small Finance Bank Warrants Transfer

    COMMERCIAL LAW

    Appealability Of Order Has No Bearing On Whether Suit Is Commercial Dispute: Calcutta High Court

    RERA

    Landowner Liable For Project Registration Despite Developer Agreement: Rajasthan RERA

    TNRERA Rejects Builder's 2027 Possession Date Plea After Earlier Handover Promise, Directs Interest

    Calcutta High Court Directs WB Chief Secretary To Give Timeline For Filling RERA, REAT Vacancies

    Telangana REAT Upholds ₹27.5 Lakh Penalty Over Extra Clubhouse Floor, Revised Plan

    Co-op Society Without Land Or Layout For Real Estate Project Not Promoter Under RERA: Karnataka REAT

    Builder Cannot Compel Registration Of Time-Barred Agreement For Sale: Karnataka REAT

    BANKING/NBFC

    PIL In Supreme Court Challenges Charges On UPI Merchant Payments Above ₹2,000

    DEBT RECOVERY LAWS

    RBI Recovery Guidelines 'Exist Only On Paper': Supreme Court Directs Effective Compliance By Banks, NBFCs

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