LiveLawBiz: Corporate Legal News Daily Round-Up: September 25, 2026

    • LiveLawBiz: Corporate Legal News Daily Round-Up: September 25, 2026

    IBC

    Supreme Court Directs Impleadment Of CoC In Plea To Remove GLAS Trust From Byju's CoC

    Personal Guarantor Cannot Avoid Liability By Claiming No Personal Benefit From Loan: NCLT Indore

    NCLT Ahmedabad Appoints Forensic Auditor To Verify ₹1.34 Crore Deposit In Gensol-Mufin Dispute

    NCLT Indore Admits Insolvency Plea Against Auri Grow India Over Default of ₹78.04 Cr. Principal Debt

    NCLT Kochi Dismisses Insolvency Plea Against Indiavision, Finds Financial Debt Not Established

    IPR

    Delhi High Court Finds 'Herbawish' Deceptively Similar To Herbalife, Temporarily Restrains Use

    Delhi High Court Issues Notice To JioStar On Zee Entertainment's Contempt Plea Over Copyrighted Music

    Supreme Court Extends Dabur's Deadline To Exhaust 9,020 'Cool King Thanda Tel' Cartons Till November

    Supreme Court Declines To Interfere With HC Order Refusing ITC Interim Relief In 'DAKSHIN' Mark Dispute

    “No Perceptible Difference”: Delhi High Court Restrains Bombay Shaving Co. From Running Revised Ad In Gillette Suit

    TAX

    NVOCC Cannot Charge Demurrage On Customs-Seized Goods Despite 60-Day SCMTR Rule: CESTAT Mumbai

    Madras High Court Quashes ₹20 Lakh Penalty On Customs Broker, Finds No Proof Of Collusion

    “Very Dangerous Proposition”: Delhi HC On AAR View Treating Mastercard's Interface Processor In India As Permanent Establishment

    Punjab & Haryana High Court Sets Aside PCIT Order Rejecting Delay Condonation In HMT VRS Tax Claim

    Must Assets Seized Under The Income Tax Act Be Automatically Released After 120 Days? Gujarat HC Refers Issue To Larger Bench

    Stay Period Must Be Excluded Before Testing TOLA Extension To Assessment Limitation: Madras High Court

    COMPANY LAW

    NCLT Mumbai Approves Vidarbha Industries Power Merger With Adani Power

    Centre Can Authorise Officers Other Than SFIO Director To File Companies Act Fraud Complaints: Supreme Court

    NCLT Bengaluru Approves India1 Payments' Share Capital Reduction To Facilitate ₹69.99 Cr. Investor Exit

    NCLT Mumbai Approves Second Motion For Composite Scheme Of Parle Products Demerger, Parle Biscuits Merger

    Allahabad NCLT Approves First Motion For Roto Energy Systems-Roto Pumps Merger, Dispenses With Meetings

    ARBITRATION

    Supreme Court Refers Kinetic Green-Saera Exclusivity Dispute Over Vehicle Manufacturing To Arbitration

    Appointing Arbitrator Unilaterally Does Not Amount To Waiving Ineligibility: Delhi High Court

    Pending Arbitration Does Not Bar Wilful Defaulter Proceedings Against Borrower: Calcutta High Court

    Supreme Court Allows Forensic Audit Into Alleged Dissipation Of Fortis Shares In Daiichi Sankyo Arbitration Case

    RERA

    When Both Developer, Allottee Are At Fault, Neither Can Seek Specific Performance Or Earnest Money Forfeiture: Punjab RERA

    DEBT RECOVERY LAWS

    Delhi High Court Rejects Bank's Plea To Revive Cheque Case After Counsel Earlier Said Dues Were Fully Paid

    Madras High Court Directs Registry Not To Register Article 226 Pleas Against DRT, DRAT Orders

    Andhra Pradesh High Court Says Agricultural Land Outside SARFAESI Scope, Sets Aside Canara Bank Auction

    PMLA

    Supreme Court Refuses To Interfere With Denial Of Anticipatory Bail To PACL Promoter's Daughter In ₹48,000 Crore PMLA Case


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