LiveLaw Biz | Top 10 Corporate & Business Law Stories From Last Week
Sahyaja MS
14 Sept 2026 12:12 PM IST
Trademark Suits Cannot Be Tried By Courts Below District Court: Kerala High Court
The Kerala High Court has ruled that a trademark infringement suit cannot be tried by a court below the District Court merely because its pecuniary value falls within the jurisdiction of a Munsiff Court.
Justice Mohammed Nias C.P. held that “Given the above, the District Court, for the purposes of Section 134, has to be regarded as the lowest grade competent court to try a trade mark suit, under Section 15 CPC. To hold otherwise would result in a court inferior to the District Court ultimately trying a suit which Section 134 expressly prohibits from being instituted and would render the statutory mandate that the suit be instituted before a District Court largely otiose."
Delhi High Court Protects Rajat Sharma's Personality Rights, Bars Trademark Misuse of INDIA TV
The Delhi High Court has recently permanently restrained several individuals and YouTube channels from infringing journalist Rajat Sharma's personality and publicity rights and INDIA TV's registered trademarks. The decree was passed against the specified parties in terms of the permanent-injunction reliefs sought in paragraphs 100(a) to (e) of the plaint.
Practising CA Not Ineligible To Submit Resolution Plan Merely By Profession: NCLAT Delhi
The National Company Law Appellate Tribunal (NCLAT), Delhi has dismissed appeals filed by suspended directors of Satellite Cables Pvt. Ltd., holding that a practising Chartered Accountant cannot be treated as ineligible to submit a resolution plan merely by virtue of being a Chartered Accountant.
A Bench of Judicial Member Justice Mohd Faiz Alam Khan and Technical Member Arun Baroka also held that procedural irregularities in a Corporate Insolvency Resolution Process (CIRP) must be shown to have materially affected the approval of a resolution plan to sustain a challenge under Section 61 of the Insolvency and Bankruptcy Code (IBC).
Supreme Court Remands Fraud Allegations In Vedanta's Cairn India ₹5,725 Crore Buyback To SAT
The Supreme Court on Wednesday remanded allegations of fraud relating to Vedanta's Cairn India's proposed ₹5,725 crore share buyback to the Securities Appellate Tribunal (SAT) for fresh adjudication. It held that unresolved discrepancies in the trading data relied upon by SEBI went to the root of the fraud finding.
A Bench of Justices J.B. Pardiwala and K.V. Viswanathan clarified that the release of an escrow amount maintained for the buyback does not bar a separate inquiry into alleged fraud under the Prevention of Fraudulent and Unfair Trade Practices (PFUTP) Regulations.
NCLT Mumbai Dismisses Jet Airways Plea Seeking $92M Refund From Boeing Over Undelivered Aircraft
The Mumbai Bench of the National Company Law Tribunal (NCLT) has dismissed the Liquidator of Jet Airways' plea seeking a refund of $92.129 million, or about ₹500 crore, paid to Boeing as advance and pre-delivery payments for aircraft that were never delivered.
The tribunal comprising Judicial Member Sushil Mahadeorao Kochey and Technical Member Prabhat Kumar held that the dispute revolved around the parties' aircraft purchase agreements and could not be adjudicated in its limited jurisdiction under the Insolvency and Bankruptcy Code (IBC).
Karnataka High Court Seeks State's Response To PVR INOX Plea Against 2% Cinema Ticket Cess
The Karnataka High Court has sought the State government's response to a plea challenging the 2% cess imposed on cinema tickets under the Karnataka Cine and Cultural Activists (Welfare) Act, 2024.
A bench of Justice H.T. Narendra Prasad directed the State to take notice and observed that the issue concerning the applicability of the relevant provisions would be considered after examining whether the 2024 Act has formally come into force.
The Punjab & Haryana High Court has held that the retrospective insertion of Section 147A could not validate reassessment notices issued by jurisdictional Assessing Officers when the statutory provision governing faceless reassessment under Section 151A remained unchanged.
A Division Bench of Justice Deepak Sibal and Justice Rupinderjit Chahal accordingly struck down Section 147A as unconstitutional, holding that the provision did not cure the legal defect identified in earlier judicial decisions concerning the authority of jurisdictional Assessing Officers to issue reassessment notices.
The Supreme Court on Monday referred to a larger Bench the question of whether stamp duty authorities must have material showing fraudulent intention before questioning the value of a property under Section 47-A of the Indian Stamp Act.
A Bench of Justice Dipankar Datta and Justice Sheel Nagu expressed serious doubts about the three-Judge Bench ruling in V.N. Devadoss v. Chief Revenue Control Officer-cum-Inspector of Stamps.
The Supreme Court on Monday held that identification of a natural person is not a prerequisite, at the threshold stage, for prosecuting a corporate entity for an offence involving mens rea. A Division Bench comprising Justices J.B. Pardiwala and Manoj Misra made the observation while dismissing an appeal filed by Sanofi India Limited against the Karnataka High Court's refusal to quash criminal proceedings arising from a CBI chargesheet.
The Competition Commission of India (CCI) on Tuesday closed its inquiry into Google following a complaint by Winzo Games Private Limited alleging abuse of dominant position in relation to the distribution and advertising of real-money gaming (RMG) applications.
The Commission took note of the Promotion and Regulation of Online Gaming Act, 2025, which prohibits online money games and their distribution and advertising. It held that the reliefs sought by Winzo could no longer be granted under the changed legal framework.