LiveLawBiz: Business Law Daily Round-Up: November 28, 2025

IBC NSEL Gets NCLT Nod For ₹1,950-Crore Settlement With 5,682 Traders Affected In 2013 ScamUploading Debt Details On Information Utility Does Not Extend Limitation For CIRP: NCLATNCLAT Upholds Order Directing Satra Properties' Suspended Directors To Refund ₹91 Lakh For Clearing Cheques During MoratoriumIBC Does Not Override Statutory First Charge Under Gujarat VAT Act, Both Laws Operate In Harmony: NCLATSupreme Court Dismisses Byju Raveendran's Appeal Against NCLAT Order Mandating CoC Nod For BCCI's Plea To Withdraw CIRPInvestment On Profit-Sharing Basis Does Not Qualify As Financial Debt : NCLT Delhi ReaffirmsIPR US Court Orders EscapeX, Lawyers To Pay Google USD 2.5 Lakh As Cost For Frivolous Patent SuitMadras High Court Jails Contemnor For Repeated Breach Of HUL's 'WHEEL' Trademark InjunctionDelhi High Court Restrains Knam Foods From Using 'AL-BUSTAN' Rice Packaging, Terms It 'Slavish Copy'Delhi Court Closes ANI's Copyright Infringement Suit Against YouTuber Thugesh After SettlementMadras High Court Temporarily Restrains Makers Of "Dude" Movie From Using Songs Of IlaiyaraajaArbitrationPost-Award Claim For Reimbursement Of Municipal Tax Is Not Maintainable U/S 9 Arbitration Act: Calcutta High CourtCourts Can Correct Manifest Computational Errors In Awards Without Re-Appraising Arbitrator's Reasoning: Delhi High CourtArbitrator Can't Pierce Corporate Veil To Fasten Liability On Non-Signatory: Madras High Court Partially Sets Aside AwardEven Though Evidence Act Is Not Applicable To Arbitration, Tribunal Must Follow Its Core Principles: Madras High CourtTAXNo Service Tax On Income Received From Joint Venture: CESTAT Kolkata Sets Aside ₹5.72 Crore DemandCancellation Of GST Registration Announces Economic Death Of Business Entity; Reasoned Order Needed: Allahabad High CourtIncome Tax Act | SBI Not 'Assessee In Default' U/S 201 For Not Deducting TDS While Obeying Court's Interim Order: Kerala High Court'Frivolous Cases Waste Judicial Time' : Supreme Court Raps Income Tax Dept For Filing SLP On Settled IssueTax Authorities Cannot Resurrect Repealed VAT Powers After GST Regime, Nor Retain Deposits Without Statutory Backing: Tripura High CourtDelhi High Court Refuses To Condone 9-Month Delay By Assessee In Filing Revised Income Tax Return Delhi High Court Condones Company's Delay In Filing GST Appeal On Ground Of Director's IllnessCONSUMERChandigarh Consumer Commission Orders BMW India To Refund ₹1.32 Crore For Defective BMW X7

LiveLawBiz: Business Law Daily Round-Up: November 28, 2025

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