LiveLawBiz Company Law Monthly Digest: April 2026

SUPREME COURTSupreme Court Grants Pre-Arrest Bail To SRS Finance Director Ankit Sachdeva In Fraud Case, Issues Notice To SFIOThe Supreme Court on Thursday issued notice and made an order for pre-arrest bail to Ankit Sachdeva, a director of SRS Finance Ltd., whose anticipatory bail plea had earlier been dismissed by the Punjab & Haryana High Court by order dated March 4, 2024, which found prima facie involvement in a large-scale financial fraud.Case Title : Ankit Sachdeva vs Serious Fraud...

LiveLawBiz Direct Tax Monthly Digest: April 2026

SUPREME COURTSupreme Court Refuses To Interfere With Bombay HC Order Quashing IT Assessments Against Merged Reliance EntitiesCase Title : Deputy Commissioner of Income Tax v. Reliance Industries Limited Case Number : Diary No(s). 4339/2026 CITATION : 2026 LLBiz SC 141The Supreme Court on Wednesday refused to interfere with a Bombay High Court ruling that had quashed income tax assessments issued in the names of Reliance Polyethylene Ltd. and Reliance Polypropylene Ltd. even after their merger...

LiveLawBiz: Corporate Legal News Daily Round-Up: May 01, 2026

COMPANY LAW Supreme Court Stays ₹5 Lakh Cost Imposed To Set Aside NBWs In Adarsh Housing SFIO CaseNCLT Ahmedabad Sanctions Suzlon Energy Scheme To Set Off ₹18,418 Crore Losses By Reorganising ReservesNCLT Ahmedabad Rejects Registrar Of Companies' Plea to Condon 4215-Day Delay In Restoring Struck-Off CompanyCalcutta High Court Quashes LOC Against Ex-Elder Pharma Employee In ₹1,300 Crore SFIO ProbeIBC NCLT Mumbai Dismisses RP's Plea Against ₹260 Crore RCIL Receivables Assignment, Finds No...

IBC Monthly Digest: April 2026

SUPREME COURT Vedanta Moves Supreme Court Against NCLAT Refusal To Stay Implementation Of Adani's JAL Resolution PlanCase Title : Vedanta Limited vs Bhuvan Madan Case Number : Diary No. 18505 of 2026Vedanta Ltd has moved the Supreme Court assailing the National Company Law Appellate Tribunal's order declining interim relief against implementation of Adani Enterprises' resolution plan for Jaiprakash Associates Ltd. The plan, approved by the NCLT on March 17, 2026, with...

LiveLawBiz: Corporate Legal News Daily Round-Up: April 30, 2026

SECURITIES LAW Supreme Court Reserves Verdict On Kotak AMC Plea Against SAT Ruling On Essel Group-Linked Mutual Fund InvestmentsSEBI Imposes ₹40 Lakh Penalty On 4 For Unregistered Investment Advice Through Telegram ChannelsSEBI Allows Most AIFs To Launch Schemes In 30 Days Under Fast-Track Rules, Excludes Large-Value FundsSEBI Penalises Three Individuals ₹5 Lakh Each For Non-Cooperation In Rajesh Exports Front-Running ProbeSEBI Slashes Arun Panchariya's Penalty From ₹25 Crore To ₹20 Lakh In...

LiveLawBiz: Corporate Legal News Daily Round-Up: April 29, 2026

IBC IBC Time-Bound Resolution “Impossible To Achieve” Amid NCLT Delays; Supreme Court Takes Suo Motu CognisanceRP's Admission Of Claim In CIRP Not Acknowledgment Of Debt, Cannot Extend Limitation: Supreme CourtSub-Contractor's Contractual Share Not Part Of IVRCL's Liquidation Estate: NCLAT Orders Release Of ₹41.76 LakhNCLT Kochi Records Interim Payment Plan To Ensure Access To Jatayupara Tourism ProjectNCLAT Chennai Dismisses Personal Guarantors Appeals Upholds 208-Day Exclusion In PGIRPIBBI...

LiveLawBiz: Corporate Legal News Daily Round-Up: April 28, 2026

ARBITRATION OYO Moves Supreme Court Against Gujarat HC Ruling On Arbitral Award Execution In Dispute with Meridian HotelsLimitation No Ground To Refuse Arbitration Reference Unless Claim Is Clearly Time- Barred: J&K&L High CourtMadras High Court Sets Aside Rental Loss In Arbitral Award Against VLCC In Lease DisputeDelhi High Court Sets Aside Arbitral Award In Samsung–PTC Dispute Over Unilateral Arbitrator AppointmentDelhi High Court Upholds Award For HCL Technologies, Rejects Time...

LiveLawBiz Indirect Tax Weekly Round-Up: April 20 - April 26, 2026

SUPREME COURTSupreme Court Refuses To Interfere With Ruling In Tata Steel Case, Upholds Entry Tax On H.R. SheetsCase Title : TATA STEEL PROCESSING AND DISTRIBUTION LTD Versus THE COMMISSIONER COMMERCIAL TAX Case Number : Diary No. 12365 of 2026The Supreme Court of India on Monday declined to interfere with a ruling of the Allahabad High Court that hot rolled (H.R.) coils and H.R. sheets are not the same commodity, and that tax exemption available to coils cannot be claimed for sheets, thereby...

LiveLawBiz: Corporate Legal News Daily Round-Up: April 27, 2026

COMPETITION LAW Supreme Court Stays NCLAT Ruling That Set Aside CCI's Clean Chit To Chettinad Coal TerminalDEBT RECOVERY LAWS DRAT Can Recall Appeal Dismissed For Pre-Deposit Non-Compliance: Patna High CourtIBC Public Announcement Under IBC Sufficient, Individual Notice Not Required: Allahabad High CourtIBC Overrides Electricity Act In Conflict, Pre-CIRP Dues Cannot Be Enforced: Allahabad High CourtIBC Offences Triable Only By Special Court Where Company's Registered Office Is Located: Madhya...

LiveLawBiz IPR Weekly Digest: April 20 - April 25, 2026

SUPREME COURTSupreme Court Refuses To Interfere With Madras HC Ruling That Contempt Can't Enforce Unquantified RoyaltyCase Title: THE SOUTH INDIA MUSIC COMPANIES ASSOCIATION & ANR vs ASHIT KUKIAN & ANR. Case Number: Special Leave to Appeal(C) No(s). 11268-11270/2026The Supreme Court on Friday refused to interfere with a Madras High Court ruling that contempt proceedings were not maintainable where royalty claims had not been quantified, holding that non-payment of an unascertained...

LiveLawBiz Direct Tax Weekly Round-Up: April 20 - April 26, 2026

HIGH COURTSBombay HCBombay High Court Allows Delay Condonation For Charitable Trust IT Filing, Attributes Delay To CA LapseCase Title : Mahaveer Pratishthan Vs The Commissioner of Exemption, Pune & Anr Case Number : WRIT PETITION NO. 8536 OF 2024 CITATION : 2026 LLBiz HC(BOM) 228The Bombay High Court has set aside an order rejecting a charitable trust's request to excuse a delay in filing Form 10, holding that a lapse on the part of its Chartered Accountant could not be used to deny the...

LiveLawBiz Arbitration Cases Weekly Digest: April 20- April 25, 2026

Nominal IndexV.K. John S. Mukanchand Bothra and HUF (Died) Represented By Lrs. & Ors., 2026 LLBiz SC 163Home Care Retail Marts Pvt. Ltd. v. Haresh N. Sanghavi, 2026 LLBiz SC 168UPM Kymmene Corporation v. The State Trading Corporation of India Ltd., 2026 LLBiz HC (DEL) 413Delhi Jal Board v. M/s Metro Waste Handling Private Limited, 2026 LLBiz HC (DEL) 394Titagarh Rail Systems Limited v. Railway Board, Ministry of Railways, 2026 LLBiz HC (DEL) 406Indian Sugar Exim Corporation Limited v. Sakuma...