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

IBCDirectors Cannot Evade Liquidation Duties By Claiming One Director Managed Company Affairs: NCLT KochiNCLT Kochi Rejects EPFO's ₹59.46 Lakh Claim Against Peejay Agro Foods Over Uncrystallised DuesNCLT Must Assess Prospects Of Recovering Arbitral Claim Before Ordering Liquidation: NCLATNCLT Bengaluru Says Govt. Companies Subject To IBC, Admits CIRP Against Karnataka Food CorporationIPRMadras High Court Sets Aside Refusal To Register Exponent Energy's 'EXPONENT' TrademarkMadras High Court...

LiveLawBiz: Corporate Legal News Daily Round-Up: October 15, 2026

IBCNCLAT Stays Insolvency Proceedings Against Polycab IndiaNCLT Chennai Approves Pothys Retail's ₹43.02 Crore Resolution Plan For Arihant RetailNCLAT Delhi Upholds CIRP Against Shri Paramsukh Edible Foods Based On GST Credit And TDS RecordsProfitable Companies Can Face Insolvency Proceedings If They Default On Loans: Supreme CourtTAXBombay High Court Upholds Tata Chemicals' Tax Deduction For Non-Compete Fee Paid To Former EmployeeGSTAT Delhi Directs Builder To Pay ₹31.20 Lakh To 66 Homebuyers...

LiveLawBiz: Corporate Legal News Daily Round-Up: October 14, 2026

IBCIBC | Limitation For Appeals Against NCLAT Orders Runs From Pronouncement, Not Certified Copy Receipt: Supreme CourtCan Companies In Liquidation Seek Exemption From GST Pre-Deposit To File Appeals? Delhi High Court To ExamineNCLT Indore Admits Insolvency Plea Against Sagar Autotech's Personal Guarantor Over ₹3.95 Crore DebtNCLT Ahmedabad Admits GIMCO Into CIRP Under Section 10 Of IBC, Appoints Interim RPErstwhile RP Cannot Refuse Handover Of Records To Liquidator Citing 'Functus Officio':...

LiveLawBiz: Corporate Legal News Daily Round-Up: October 13, 2026

IBCSecured Creditors Cannot Keep Asset Realisation Deadline Open-Ended During Liquidation Citing Recovery Proceedings: NCLT HyderabadCoC Approval Cannot Cure Resolution Plan's Failure To Meet Mandatory IBC Requirements: NCLATBankrupt's Jewellery Handover To Son Not Preferential Merely Because It Occurred Within Look-Back Period: NCLT JaipurNCLT Delhi Admits Yes Bank Plea Against Johnson Watch Guarantor, Says SARFAESI Notice Invokes GuaranteeNCLT Dismisses APL Apollo Tubes' Insolvency Plea...

LiveLawBiz Indirect Tax Weekly Round-Up: October 05 - October 11, 2026

SUPREME COURTTax Classification Depends On Form Of Goods At Sale, Not End Use: Supreme CourtCase Title : Additional Commissioner, Commercial Tax & Ors. v. Cadila Health Care Ltd. & Anr. Case Number : Civil Appeal Nos. 9788–9789 of 2013 CITATION : 2026 LLBiz SC 327The Supreme Court has held that a product must be classified for tax purposes in the form in which it is sold, rather than on the basis of what a consumer may later turn it into. “The tax authorities are bound to look at what...

LiveLawBiz IPR Weekly Digest: October 05 - October 11, 2026

SUPREME COURTSupreme Court Asks P&H HC To Expedite Radico Khaitan's Challenge To Injunction On 'The Spirit Of Kashmyr' MarkCase Title: RADICO KHAITAN LIMITED VS. PICADILLY AGRO INDUSTRIES LIMITEDCase Number: DIARY NO. - 60134/2026The Supreme Court requested the Punjab and Haryana High Court to expedite the hearing of Radico Khaitan Ltd.'s challenge to an injunction restraining it from marketing vodka under the mark 'THE SPIRIT OF KASHMYR'. The dispute arose with Piccadily Agro Industries...

LiveLawBiz Direct Tax Weekly Round-Up: October 05 - October 11, 2026

SUPREME COURTSupreme Court Refuses To Interfere With Delhi HC Order Reading Down CBDT Circular On AIF TaxationCase Title : THE CENTRAL BOARD OF DIRECT TAXES VS. EQUITY INTELLIGENCE AIF TRUST Case Number : DIARY NO. - 2801/2026The Supreme Court on Wednesday refused to interfere with the Delhi High Court judgment reading down CBDT Circular No.13/2014 concerning taxation of Category-III Alternative Investment Funds (AIFs) at the Maximum Marginal Rate (MMR). Allowing Equity Intelligence's writ...

LiveLawBiz: Corporate Legal News Daily Round-Up: October 12, 2026

IBCDisputed Interest Does Not Bar Section 9 IBC Plea If Principal Debt Exceeds ₹1 Crore: NCLT AllahabadHomebuyer Insolvency Threshold Must Be Based on Actual Bookings, Not Proposed Units: NCLT KolkataNCLT Admits Siemens Financial Services' Plea Against Personal Guarantor, Says Prior CIRP Not RequiredDissenting Secured Creditors Entitled To Minimum Payment Based On Security Value: NCLT MumbaiIPRDelhi High Court Sets Aside Refusal To Register 'COBBLE STONE' TrademarkDelhi High Court Restrains...

LiveLawBiz IBC Weekly Digest: October 5 - October 10, 2026

SUPREME COURTSupreme Court Allows Creditor Who Suffered 99.28% Haircut In CIRP To Claim Full Set-Off In ArbitrationCase Title : Modern Asset Versus KNK Construction Private Limited. Case Number : Special Leave Petition (C) No.25068 of 2026 CITATION : 2026 LLBiz SC 329The Supreme Court has held that an operational creditor who suffered a 99.28% haircut under an approved resolution plan can use its entire ₹12.26 crore claim to set off amounts found payable to a successful resolution applicant...

LiveLawBiz RERA Cases Weekly Digest: October 5 - October 10, 2026

NOMINAL INDEXRensar Infra Private Limited v. Rais Kasam Shaikh & Ors., 2026 LLBiz HC (BOM) 550 M/s Selene Estates Limited v. M/s Green Apartment Owners Welfare Association – Jalladianpettai & Others, 2026 LLBiz REAT (RJ) 76 Sachin Prakash Dhavle, Authorised Partner, M/s P.R. Builders & Developers v. Maharashtra Real Estate Regulatory Authority & Ors., 2026 LLBiz REAT (RJ) 75 Vikas Gupta v. IREO Waterfront Private Limited & Anr., 2026 LLBiz RERA (PB) 148 Cherukuri Hema...

LiveLawBiz Arbitration Cases Weekly Digest: October 5 - October 10, 2026

NOMINAL INDEXIngram Micro India Private Limited v. Best Hawk Infosystems Private Limited, 2026 LLBiz HC (BOM) 556 VVAA Films Private Limited v. DUNE Collective LLP, 2026 LLBiz HC (BOM) 555 R.A. Ghule, through its Sole Proprietor Rajabhau Apparao Ghule v. Sinnar Municipal Council & Ors., 2026 LLBiz HC (BOM) 552 Girish Narang v. Virendra Arora & Ors., 2026 LLBiz HC (BOM) 560Empire Realty v. Virani Tower Cooperative Housing Society Ltd. & Ors., 2026 LLBiz HC (BOM) 548 Small...

LiveLawBiz: Corporate Legal News Daily Round-Up: October 10, 2026

IBCNCLT Ahmedabad Rejects Toyota Financial's ₹23.20 Crore Claim Against Blu-Smart Over 150 Undelivered VehiclesNCLT Ahmedabad Admits Sharanam Infraproject To CIRP Over ₹10.35 Crore Debt, Rejects Restructuring PleaNCLT Ahmedabad Admits Insolvency Plea Against Gujarat Toolroom Over ₹26.20 Crore DuesTAXIncome Tax Department Cannot Wait For Certified Copy When Digitally Signed Order Is Available: Bombay High CourtMadras High Court Rules In Favour Of Mahindra Holidays On ₹158 Crore Membership Fees,...