LiveLawBiz: Corporate Legal News Daily Round-Up: September 18, 2026

    • LiveLawBiz: Corporate Legal News Daily Round-Up: September 18, 2026

    IBC

    Welfare-Oriented Rehabilitation Policy Cannot Preserve Claims Extinguished Under IBC: Madhya Pradesh High Court

    NCLT Delhi Directs Bira Beer Maker To Mediate With Creditors Over Insolvency Case Settlement

    Absence Of Separate Notice Rejecting Claim No Ground To Reopen CIRP Or Alter Resolution Plan: NCLT Kochi

    Objection To Demand Notice Served Via FedEx Cannot Defeat Insolvency Plea If Notice Received: NCLAT

    Financial Hardship Cannot Excuse Repeated Non-Appearance In Insolvency Proceedings: NCLT Mumbai

    Removal Of Hypothecated Machinery During Insolvency Can Amount To Fraudulent Trading: NCLAT

    Joint And Several Liability In Arbitral Award Does Not Extinguish Personal Guarantee: NCLAT Delhi

    NCLT Mumbai Dismisses Perjury Plea Against Omkara Assets Reconstruction Over Account Differences

    Mere Pendency Of Criminal Proceedings Does Not Disqualify Resolution Applicant: NCLAT

    IPR

    Calcutta HC Upholds Injunction Against 'IJM Gold Stag' For Trademark Infringement, Passing Off ITC's 'Gold Flake'

    Delhi High Court Orders Takedown Of Obscene Content In Actor Meenakshi Chaudhary's Personality Rights Suit

    TAX

    CBDT Circulars Reflect Executive's Understanding Of Law, Not Binding On Courts: Supreme Court

    Advocate-Client Privilege Cannot Bar GST Search Of Advocate's Office If His Role Is Under Probe: Delhi High Court

    Supreme Court Stays Punjab and Haryana HC Order Declaring Section 147A Income Tax Act Unconstitutional

    Objection To Parallel State GST, DGGI Proceedings Can Be Raised In Statutory Appeal: Delhi High Court Refuses Writ

    GST | Disputed SCN Service, Personal Hearing Issues Cannot Be Raised In Writ Plea: Delhi High Court

    GST | Proceedings Under Sections 73, 74 Can Co-Exist If They Concern Distinct Infractions: Delhi High Court

    GST Refund Cannot Be Rejected Merely Because Department Plans To Challenge Appellate Order: Telangana High Court

    Clerical Error Cannot Justify Denial Of Refund Of IGST Paid Twice: GSTAT Thiruvananthapuram

    Post-Facto Approval Cannot Bring Pre-GST Services Within GST Regime: Calcutta High Court

    Revenue Cannot Deny Composition Rate After Accepting Dealer's Turnover Below ₹50 Lakh: Madras High Court

    HC Can't Bypass Customs Statutory Appeal Merely Due To Financial Hardship In Making Pre-Deposit: Delhi High Court

    Deficit Stamp Duty, Interest Demand Must Be Raised Within Reasonable Time: Madras High Court

    ARBITRATION

    Himachal Pradesh High Court Excludes Automatic Stay Period From Limitation For Execution Of Arbitral Award

    Karnataka High Court Sets Aside ₹13.08 Crore Award To L&T In Bengaluru Metro Contract Dispute

    Government Officials Not Personally Liable For State Department's Unpaid Arbitral Award: Chhattisgarh High Court

    120-Day Written Statement Period Must Be Computed Under General Clauses Act: Bombay High Court

    Bombay High Court Extends Justice Lokur-Led Tribunal's Mandate By A Year In SAP-Cox & Kings Arbitration

    SECURITIES LAW

    SEBI To Bring Clearing Members Under Samuhik Prativedan Manch From September 30

    RERA

    Maharashtra REAT Allows Homebuyers To Withdraw Pre-Deposit Over Prolonged Possession Delay, EMI-Rent Burden

    BANKING/NBFC

    Mere Forgery In Loan Papers Can't Implicate Bank Manager Without Criminal Intent: Telangana High Court

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