Corporate
Post-Award Claim For Reimbursement Of Municipal Tax Is Not Maintainable U/S 9 Arbitration Act: Calcutta High Court
The Calcutta High Court held that a partner cannot claim reimbursement of municipal tax payments through a post award petition filed under section 9 of the Arbitration and Conciliation Act, 1996 (Arbitration Act) as such issue constitutes substantive monetary dispute requiring adjudication under section 34 of the Arbitration Act. Justice Gaurang Kanth dismissed the petition filed...
LiveLawBiz: Business Law Daily Round-Up: November 27, 2025
IPR Delhi High Court Grants Relief To Tesla Inc, Extends Bar on Indian Company's Use of 'Tesla' Marks In EV MarketDelhi High Court Rejects Philips' Plea For Perjury Action Against Ex-Employee In Software Piracy CaseMadras High Court Quashes Order Allowing Pfizer To Seek Documents From Indian Drug Manufacturer For US SuitDelhi High Court Declines To Return Plaint In Sun Pharma's Trademark...
Supreme Court Dismisses Byju Raveendran's Appeal Against NCLAT Order Mandating CoC Nod For BCCI's Plea To Withdraw CIRP
The Supreme Court on Friday dismissed an appeal filed by Byju Raveendran, suspended director and promoter of Think and Learn Private Ltd (which ran the Ed-Tech firm Byju's), challenging an order of the National Company Law Appellate Tribunal which held that the approval of the Committee of Creditors is necessary for the application filed by the BCCI to withdraw the insolvency proceedings...
Investment On Profit-Sharing Basis Does Not Qualify As Financial Debt : NCLT Delhi Reaffirms
The National Company Law Tribunal at New Delhi has recently reaffirmed that an investment made on a profit-sharing basis does not constitute a financial debt under Section 5(8) of the Insolvency and Bankruptcy Code and therefore cannot be used to initiate insolvency proceedings under Section 7. The ruling came in a case where Modern Solar Private Limited sought to treat Rs 20 lakh advanced...
Chandigarh Consumer Commission Orders BMW India To Refund ₹1.32 Crore For Defective BMW X7
The State Consumer Disputes Redressal Commission, UT Chandigarh, comprising Justice Raj Shekhar Attri (President) and Rajesh Kumar Arya (Member), has held BMW India Pvt. Ltd. and its senior management liable for selling a defective luxury vehicle (BMW X7 xDrive40d M Sport) and for deficiency in service. The Commission has directed the manufacturer to refund ₹1,32,90,000 (the cost of...
Delhi High Court Cancels 'BLUE SPOT' Mark Of Local Spirits Company After Finding It Unused For Five Years
The Delhi High Court has ordered the removal of the trademark “BLUE SPOT” registered to Stardford Spirits Pvt. Ltd.,a local spirits company after finding that the alcohol brand had not been used for more than five years. In an order dated November 19, 2025, Justice Manmeet Pritam Singh Arora allowed a rectification petition filed by Irish Distillers International Limited, part of the...
Delhi High Court Declines To Return Plaint In Sun Pharma's Trademark Suit Against Artura, Says Cause Of Action Partly Arose In Delhi
The Delhi High Court has refused to return the plaint in a trademark infringement and passing off suit filed by Sun Pharmaceutical Industries Ltd., holding on a prima facie basis that part of the cause of action arose in Delhi through the defendant-Artura Pharmaceuticals' online presence. A single bench of Justice Tejas Karia, in an order dated November 24, 2025, held that the question...
Department of Financial Services Urges PSB Chiefs to Personally Monitor Top Insolvency Cases Amid Delays
Public sector bank chiefs were on Tuesday advised by Department of Financial Services (DFS) Secretary M Nagaraju to personally monitor the top twenty cases pending for admission and the top ten accounts awaiting resolution before the National Company Law Tribunal (NCLT), as part of a wider review of delays in insolvency matters. In a press release, DFS said Nagaraju chaired a meeting with...
GST Act | S.130 Cannot Be Invoked For Excess Stock Found During Survey; Action Must Proceed U/S 73/74: Allahabad High Court
The Allahabad High Court held that Section 130 of the Goods and Service Tax Act, 2017 could not be invoked where excess stock was found at the time of survey While dealing with a case regarding a search conducted under the GST Act, where upon finding discrepancies, proceedings had been initiated against the petitioner under S. 130 of the Act, Justice Piyush Agarwal held “A...
Delhi High Court Quashes Patent Office Order, Sends Trident's 'Air Rich Yarn' Patent Plea Back For Review
The Delhi High Court has overturned a Patent Office decision that refused Trident Limited a patent for its “air rich” yarn and fabric technology. The court said the Patent Office failed to properly examine the key feature of the invention, which is the “homogeneous distribution of pores across the radial cross-section of yarn”, and had not correctly assessed obviousness under...
CESTAT Delhi Sets Aside ₹1 Crore Interest, Penalty On Hindustan Zinc For Reversed CENVAT Credit
The Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has set aside disallowance of CENVAT credit as well as interest and penalty worth about Rs. 1 crore for electricity wheeled out to sister concerns as well as to State Electricity Board. In an order dated November 24, 2025, the Bench comprising Justice Dilip Gupta (Principal Bench) and Smt. Hemambika R....
Military Hospital Services Provided Free Of Charge Not Covered Under Consumer Protection Act: NCDRC
The National Consumer Disputes Redressal Commission, comprising Mr. Justice A.P. Sahi (President) and Mr. Bharatkumar Pandya (Member), held that medical services rendered by Military Hospitals are provided entirely free of charge to armed forces personnel and their dependents, and therefore fall outside the ambit of “service” under the Consumer Protection Act. On this ground,...