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World's No.1 Legal News Website In Terms Of Traffic covering Indian Courts, Lawyers, Law Firms, Law Schools and Legal Developments In India.

LiveLawBiz: Corporate Legal News Daily Round-Up: June 06, 2026

https://zurl.co/Hd4vY

LiveLawBiz: Corporate Legal News Daily Round-Up: June 06, 2026

DEBT RECOVERY LAWS Madras High Court Issues Statewide Directions For Timely Disposal Of SARFAESI Pleas Seeking Aid In Taking PossessionSARFAESI Sale Certificates Not Liable To Stamp Duty Upon...

Corporate Law
LiveLawBiz: Corporate Legal News Daily Round-Up: May 30, 2026
https://zurl.co/TlWQy
LiveLawBiz: Corporate Legal News Daily Round-Up: May 30, 2026

SECURITIES LAW Supreme Court Sets Up Ex-CJ-Led Committee To Resolve Claims In Alleged Sai Prakash Fraud CasesDEBT RECOVERY LAWS Supreme Court Says Criminal Prosecution After DRT-Recorded Loan...

Corporate Law
Gujarat AAR Rules 'Black Mineral Water' Classifiable As Mineral Water, Taxable At 5% GST
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Gujarat AAR Rules 'Black Mineral Water' Classifiable As Mineral Water, Taxable At 5% GST

The Gujarat Authority for Advance Ruling (AAR) on 8 May 2026 held that “Black Mineral Water” marketed under the brand “ALVA” by Oxyhydra Beverages Pvt. Ltd. qualifies as mineral water under HSN...

Corporate Law
ITAT Mumbai Quashes Bang Overseas Reassessment, Holds PCIT Sanction Invalid Under Section 151(ii)
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ITAT Mumbai Quashes Bang Overseas Reassessment, Holds PCIT Sanction Invalid Under Section 151(ii)

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) on 25 May quashed reassessment proceedings initiated against Bang Overseas Limited, holding that the sanction for issuing notice under...

Corporate Law
ITAT Delhi Grants Relief To Welkin Industries, Holds Form 10-IC Delay Cannot Deny 115BAA Benefit
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ITAT Delhi Grants Relief To Welkin Industries, Holds Form 10-IC Delay Cannot Deny 115BAA Benefit

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) on 26 May held that a procedural delay in filing Form 10-IC cannot deny a taxpayer the benefit of the concessional 22% corporate tax regime...

Corporate Law
Section 9 Of #Arbitration Act Limited To Interim Protection, Not Merits: Kerala High Court
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Section 9 Of Arbitration Act Limited To Interim Protection, Not Merits: Kerala High Court

The Kerala High Court on 26 May held that courts exercising jurisdiction under Section 9 of the Arbitration and Conciliation Act, 1996 cannot adjudicate the merits of the underlying dispute while...

Corporate Law
Digital Evidence Alone Insufficient For Section 69A Addition, Tangible Assets Must Be Found: ITAT Delhi
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Digital Evidence Alone Insufficient For Section 69A Addition, Tangible Assets Must Be Found: ITAT Delhi

The New Delhi Bench of the Income Tax Appellate Tribunal on 26 May held that authorities cannot sustain additions under Section 69A of the Income Tax Act in the absence of recovery of unexplained...

Corporate Law
PMLA Tribunal Upholds Freezing of Ex-HUF India MD's Assets, Says Money Trail Establishes Alleged Fraud
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PMLA Tribunal Upholds Freezing of Ex-HUF India MD's Assets, Says Money Trail Establishes Alleged Fraud

The Appellate Tribunal under the Prevention of Money Laundering Act (PMLA) on 7 May upheld the freezing of bank accounts and other movable assets of former HUF India Pvt. Ltd. Managing Director Sunil...

Corporate Law
“Every Day's Delay” Rule Not Pedantic, Bureaucratic Delay May Be Condoned: Himachal Pradesh High Court
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“Every Day's Delay” Rule Not Pedantic, Bureaucratic Delay May Be Condoned: Himachal Pradesh High Court

The Himachal Pradesh High Court on 22 May held that Courts must adopt a common-sense approach while considering delay condonation applications filed by government authorities under Section 34 of the...

Corporate Law
Delhi HC Temporarily Restrains Use Of 'Schezwan Dipping Chutney' Mark In Ching's Secret Trademark Suit
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Delhi HC Temporarily Restrains Use Of 'Schezwan Dipping Chutney' Mark In Ching's Secret Trademark Suit

The Delhi High Court has temporarily restrained Kishan Rameshbhai Kaswala, trading as K3 Masala, from dealing in products under the marks 'Schezwan Chutney' and 'Schezwan Dipping Chutney' in a...

Corporate Law