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2026 DAILYLAW 16147 (BOM)

THE PR. COMMISSIONER OF INCOME TAX(CENTRAL)PUNE v. INNOVENTIVE INDUSTRIES LIMITED THROUGH THE LIQUIDATOR TRUPALKUMAR PATEL

ITXA/1366/2018 · 2026-10-08

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Judgment text

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906 ITXA 1366-18 AND ORS-OS.DOC Priya Soparkar IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 1366 OF 2018 WITH INTERIM APPLICATION (L) NO. 22521 OF 2024 IN INCOME TAX APPEAL NO. 1366 OF 2018 WITH INCOME TAX APPEAL NO. 294 OF 2018 WITH INTERIM APPLICATION (L) NO. 22698 OF 2024 IN INCOME TAX APPEAL NO. 294 OF 2018 The Pr. Commissioner of Income Tax (Central) Pune. …Appellant Versus Innoventive Industries Limited …Respondent Mr. Ashok Kotangle with Mr. Suresh Kabra, Mr. Pranav Kulkarni and Mr. Pravin Parghane, for the Appellant. Mr. Saurabh Bachhawat, with Mr. Kaushik Puranik, for the Respondent. CORAM: SUMAN SHYAM & GAUTAM A. ANKHAD, JJ. DATED: 8th OCTOBER, 2026. PC:- 1. Mr. Saurabh Bachhawat, learned counsel appearing for the Respondent by tendering a copy of the judgment dated 10th PRIYA RAJESH SOPARKAR Digitally signed by PRIYA RAJESH SOPARKAR Date: 2026.10.08 14:45:43 +0530 906 ITXA 1366-18 AND ORS-OS.DOC August, 2026 of the learned National Company Law Tribunal (NCLT) marked “X” for identification, submits that the Respondent- company has already been dissolved and therefore, these proceedings would not survive any further before this Court. 2. Mr. Ashok Kotangle, learned counsel appearing for the Appellant submits that he has no instructions to dispute the above submissions of the Respondent’s counsel. 3. After going through the judgment of the learned NCLT tendered by the learned counsel for the Respondent, we find no cogent reason to reject the submission of the Respondent’s counsel. 4. Consequently, these Income Tax Appeals stand disposed of, as infructuous. 5. Interim Applications, if any, would also stand disposed of. (GAUTAM A. ANKHAD, J.) (SUMAN SHYAM, J.) {