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

Kirit Singhania

29 Nov 2025 9:41 AM IST

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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...

IBC

NSEL Gets NCLT Nod For ₹1,950-Crore Settlement With 5,682 Traders Affected In 2013 Scam

Uploading Debt Details On Information Utility Does Not Extend Limitation For CIRP: NCLAT

NCLAT Upholds Order Directing Satra Properties' Suspended Directors To Refund ₹91 Lakh For Clearing Cheques During Moratorium

IBC Does Not Override Statutory First Charge Under Gujarat VAT Act, Both Laws Operate In Harmony: NCLAT

Supreme Court Dismisses Byju Raveendran's Appeal Against NCLAT Order Mandating CoC Nod For BCCI's Plea To Withdraw CIRP

Investment On Profit-Sharing Basis Does Not Qualify As Financial Debt : NCLT Delhi Reaffirms

IPR

US Court Orders EscapeX, Lawyers To Pay Google USD 2.5 Lakh As Cost For Frivolous Patent Suit

Madras High Court Jails Contemnor For Repeated Breach Of HUL's 'WHEEL' Trademark Injunction

Delhi 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 Settlement

Madras High Court Temporarily Restrains Makers Of "Dude" Movie From Using Songs Of Ilaiyaraaja

Arbitration

Post-Award Claim For Reimbursement Of Municipal Tax Is Not Maintainable U/S 9 Arbitration Act: Calcutta High Court

Courts Can Correct Manifest Computational Errors In Awards Without Re-Appraising Arbitrator's Reasoning: Delhi High Court

Arbitrator Can't Pierce Corporate Veil To Fasten Liability On Non-Signatory: Madras High Court Partially Sets Aside Award

Even Though Evidence Act Is Not Applicable To Arbitration, Tribunal Must Follow Its Core Principles: Madras High Court

TAX

No Service Tax On Income Received From Joint Venture: CESTAT Kolkata Sets Aside ₹5.72 Crore Demand

Cancellation Of GST Registration Announces Economic Death Of Business Entity; Reasoned Order Needed: Allahabad High Court

Income 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 Issue

Tax Authorities Cannot Resurrect Repealed VAT Powers After GST Regime, Nor Retain Deposits Without Statutory Backing: Tripura High Court

Delhi 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 Illness

CONSUMER

Chandigarh Consumer Commission Orders BMW India To Refund ₹1.32 Crore For Defective BMW X7

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

Kirit Singhania

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