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...

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 IPR Monthly Digest: March, 2026

SUPREME COURTSupreme Court Reserves Verdict In Filmmaker Sujoy Ghosh's Plea To Quash Copyright Case Over Film Kahaani 2Case Title: Sujoy Ghosh vs State of Jharkhand & Ors Case Number: SLP (Crl) 9452/2025The Supreme Court on Tuesday reserved its judgment in a plea filed by filmmaker Sujoy Ghosh seeking the quashing of criminal proceedings alleging copyright infringement in connection with the film Kahaani 2, which was declined by the Jharkhand High Court. A bench of Justices Pamidighantam Sri...

LiveLawBiz Indirect Tax Monthly Digest: March 2026

SUPREME COURTFox Mandal & Company Takes ₹3.9 Crore Service Tax Dispute To Supreme CourtCase Title : Fox Mandal And Company vs Commissioner Case Number : Diary No. 3350 of 2026Fox Mandal & Company has moved the Supreme Court against a CESTAT order in a service tax case involving demands of about ₹3.9 crore against the law firm. A bench of Justices Pamidighantam Sri Narasimha and Alok Aradhe will hear the special leave petition on April 6 after the petitioner's counsel sought time to...

LiveLawBiz Company Law Monthly Digest: March 2026

SUPREME COURTSupreme Court Refuses To Interfere With ₹1,950 Crore NSEL Settlement For Traders Hit By 2013 DefaultCase Title : LJ Tanna Enterprises vs National Spot Exchange Ltd Case Number : C.A. 1485/2026 Citation : 2026 LLBiz SC 101The Supreme Court has refused to interfere with the approval of a Rs 1,950-crore settlement scheme for traders affected by the 2013 default at National Spot Exchange Ltd (NSEL), dismissing an appeal challenging orders of the NCLT and the NCLAT that had cleared...

LiveLawBiz RERA Cases Monthly Digest: March 2026

Amendment Proposal Introduced in Lok SabhaCentre Proposes Penalty Instead Of 1 Year Jail For Allottees Violating RERA Appellate Tribunal Orders The Jan Vishwas (Amendment of Provisions) Bill, 2026, has been introduced in the Lok Sabha as part of a broader legislative push to decriminalise offences and rationalise penalties across a range of laws. One of the changes relates to the Real Estate (Regulation and Development) Act, 2016. Section 68 of the Act currently allows for imprisonment of up to...

LiveLawBiz Arbitration Cases Monthly Digest: March 2026

Supreme CourtSupreme Court Refuses To Interfere With Bombay High Court Ruling In Vedanta–Sunflag LAM Coke Arbitration DisputeCase Title : Vedanta Limited vs Sunflag Iron & Steel Company Limited Case Number : Petition(s) for Special Leave to Appeal (C) No(s). 7569/2026 CITATION : 2026 LLBiz SC 100 The Supreme Court recently declined to interfere with a judgment of the Bombay High Court dismissing Vedanta Ltd's writ petition challenging an arbitral order in its dispute with Sunflag Iron...

LiveLawBiz Direct Tax Monthly Digest: March 2026

SUPREME COURTSupreme Court Refuses To Entertain Plea Challenging Search Powers Over Digital Devices Under Income Tax Act, 1961, And 2025 ActCase Title : Vishwaprasad Alva vs Union of India Case Number : WP(C) No. 114 of 2026 CITATION : 2026 LLBiz SC 102The Supreme Court on Monday declined to entertain a petition challenging the constitutional validity of the search and seizure powers over digital devices under Section 132 of the Income Tax Act, 1961, and its corresponding provision, Section...

LiveLawBiz IBC Monthly Digest: March 2026

SUPREME COURT Supreme Court Allows Set-Off Defence Against Ujaas Energy Though Counterclaim Extinguished Under IBCCase Title : UJAAS ENERGY LTD vs WEST BENGAL POWER DEVELOPMENT CORPORATION LTD. Case Number : SLP (C) 29651 OF 2024 CITATION : 2026 LLBiz SC 122The Supreme Court on Friday allowed West Bengal Power Development Corporation Ltd. to raise a plea of set-off as a defence in arbitration proceedings against Ujaas Energy Ltd., even though its counterclaim...

LiveLawBiz Arbitration Monthly Digest: February 2026

Nominal IndexR. Savithri Naidu v. The Cotton Corporation of India Ltd. & Anr., 2026 LLBiz SC 66Aspek Media Pvt Ltd & Ors. vs Entertainment City Ltd, 2026 LLBiz SC 68Rashtriya Chemicals & Fertilisers Ltd vs Thermax Ltd, 2026 LLBiz SC 70Asad Mueed & Ors. vs Jamia Hamdard Deemed to Be University, 2026 LLBiz SC 65Talwandi Sabo Power Ltd vs Punjab State Power Corporation, 2026 LLBiz SC 72A2Z Infraservices Ltd & Anr vs Quippo Infrastructure Ltd & Ors, 2026 LLBiz SC 60National...

LiveLawBiz Company Law Monthly Digest: February-2026

SUPREME COURTByju's Parent Moves Supreme Court To Stall Second Tranche Of Aakash ₹240 Crore Rights IssueCase Title: Think and Learn Private Limited (In CIRP), through its Resolution Professional, Shailendra Ajmera, versus Aakash Educational Services Limited and othersCase Number: C.A. NO. 1604-1605/2026Think & Learn Pvt. Ltd., which owns edtech major Byju's, has moved the Supreme Court against a National Company Law Appellate Tribunal (NCLAT) order that allowed Aakash Educational...