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The Bar Bulletin

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The Bar Bulletin

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The Bar Bulletin

National Company Law Appellate Tribunal

NCLAT: Flats Allotted Towards Legal Fees Without Disbursement Do Not Constitute ‘Financial Debt’

L & L Partners Litigation vs Jalesh Kumar Grover [Decided on April 23, 2026]
Delhi High Court

Sec 6(2)(B) CGST Act Prohibit Parallel Proceedings Only In Respect Of Same Subject Matter; Delhi High Court Confirms Demand Against Ramada Engineering

Ramada Engineering Industry vs Additional Commissioner [Decided on April 23, 2026]
Madras High Court

Possession Of Premises Already Handed Over & Accepted; Madras High Court Quashes Arbitral Award For ‘Rental Loss’ In Favour Of VLCC Health Care

VLCC Health Care Limited vs Veeram Raja [Decided on April 16, 2026]
Affiliation fees GST not applicable

Affiliation Fees Not ‘Supply’ or ‘Business’ Under CGST Act; Bombay HC Quashes GST on Mumbai University

University of Mumbai vs Union of India [Decided on April 27, 2026]
Corporate guarantee financial debt ruling

Retrospective NPA Classification Is No Basis To Question Timing Of Prior Guarantees; Supreme Court Approves SBI Consortium Lenders As Financial Creditors

State Bank of India vs Doha Bank [Decided on April 28, 2026]
Arbitral award upheld contract liability

Distributorship Agreement Expressly Bars Any Liability For Business Losses; Delhi High Court Upholds Arbitral Award In Favour Of Bausch And Lomb

OSA Vendita vs Bausch and Lomb India [Decided on April 23, 2026]