LiveLawBiz: Business Law Daily Round-Up: January 07, 2026

IBC HMT Takes Final Step To Close HMT Watches, Files Application With Ministy Of Corporate AffairsNCLT Mumbai Approves Sagacious Capital's Rs 110 Crore Plan To Revive Reliance InnoventuresAvoidance Provisions Under Insolvency Code Are Restorative, Not Punitive: NCLT KochiDelhi High Court Dismisses 'Luxury Litigation' Over Debt Assignment, Reaffirms NCLT Power To Probe FraudHigh Courts Cannot Exercise Parallel Contempt Jurisdiction Over NCLT In IBC Cases: Bombay High CourtNCLT Kochi Orders Original Concessionaire To Transfer ₹35.83 Lakh Jatayu Project Revenue To Common PoolNCLT Delhi Clears Merger Of Fortis Subsidiaries Into Fortis Hospitals Despite SFIO Probe ConcernsSettlement Between Operational Creditor and Suspended Director Can't Override Lenders' Claims: NCLT AhmedabadIPRMadras High Court Refuses To Lift Interim Ban On YouTube Channels Streaming Raj Television's Tamil FilmsMadras High Court Rejects Vegan Brand Origin Nutrition's Interim Plea To Restrain 'ORIGIN FRESH' TrademarkBombay High Court Imposes ₹15 Lakhs Cost On Anrose Pharma For Infringing 'ZERODOL' TrademarkBombay High Court Temporarily Bars Salon From Using 'Jawed Habib' Marks After Franchise ExpiryBombay High Court Refuses Interim Relief To Minco India Against Group Company Over 'MINCO' MarkMadras High Court Allows US Inventor's Late Patent Examination Request Despite Indian Agent's ErrorARBITRATIONArbitral Proceedings Commence On Respondent Receiving Notice Invoking Arbitration Clause, Not On Arbitrator's Appointment: Supreme CourtSoftware Ownership Disputes Involving IPR Not Arbitrable: Bombay High CourtRERAMahaRERA Declines To Rule On Whether Puzzle Parking Is A Common AreaCONSUMER Dealer Liable For Failure To Transfer Ownership Of Exchanged Vehicle: Chandigarh Consumer CommissionTAXCESTAT Chandigarh Restores Customs Broker Licence Over Violation Of Regulatory TimelinesCan Service Tax Be Levied On Transfer of Development Rights? Delhi High Court To DecideCESTAT Delhi Quashes Customs Duty Demand On Bharti Airtel In Router Parts Classification DisputeCustoms Act | Statutory Tariff Headings And HSN Notes Prevail Over Common Parlance In Customs Classification : Supreme CourtJharkhand High Court Scraps 'Net Charges' Formula For Electricity Duty Levy, Flags Excessive DelegationMadras High Court Quashes CESTAT Chennai Order For Deciding Issues Not Under AppealUse of Tissue Culture Technology Does Not Bar Tax Exemption On Agricultural Income: Telangana High CourtDelhi High Court Refuses To Quash Reassessment Against Homebuyer Over Alleged Cash Payment To BuilderDirector's Assurance Of Payment In Ordinary Business Can't Automatically Attract Cheating Charge: Delhi High CourtCustoms Act | Statutory Tariff Headings And HSN Notes Prevail Over Common Parlance In Customs Classification : Supreme CourtOTHER STORIESCCI Closes Complaint Against Eros Over AI-Altered Re-Release of Dhanush Starrer 'Raanjhanaa'

LiveLawBiz: Business Law Daily Round-Up: January 07, 2026

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