Authority: High Court of Judicature at Bombay (Ordinary Original Civil Jurisdiction)

Order Date: 8 October 2026

Case Overview

  • Parties: The Principal Commissioner of Income Tax (Central), Pune (Appellant) vs Innoventive Industries Limited (Respondent).
  • Appeals: Income Tax Appeal No. 1366 of 2018 and Income Tax Appeal No. 294 of 2018, together with Interim Applications (L) No. 22521 of 2024 and (L) No. 22698 of 2024.
  • Respondent counsel submitted the National Company Law Tribunal judgment dated 10 August 2026, marked “X”, indicating that Innoventive Industries Limited had already been dissolved.
  • Appellant counsel, Ashok Kotangle, stated he had no instructions to dispute the respondent’s submission.
  • The Court examined the NCLT judgment and found no cogent reason to reject the respondent’s submission.

Final Outcome

  • Both Income Tax Appeals are disposed of as infructuous.
  • All related interim applications are also disposed of.

Topics: Tax Litigation, Corporate Dissolution