Smaaash Entertainment Private Limited v. Assistant Commissioner Of Income Tax, Circle-16(1)-Mumbai

908-WP-3272-2024.DOC

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION WRIT PETITION NO. 3272 OF 2024 Smaaash Entertainment Pvt. Ltd.

...Petitioner

Versus

Assistant Commissioner of The Income Tax, Circle 16(1)- Mumbai & Ors.

...Respondents

---- Mr. Dharam Gandhi, for Petitioner.

Mr. P. A. Narayanan, for Respondents.

_______________________

CORAM:

G. S. KULKARNI & SOMASEKHAR SUNDARESAN, JJ.

DATE 12 AUGUST 2024 _______________________ P.C.

1.

We have heard learned counsel for the parties. 2.

Let a short affidavit only in regard to the application of Section 14(1)(a) of the Insolvency and Bankruptcy Code, 2016 being applicable to the assessment order in question, be placed on record. 3.

List the proceedings on 19 August 2024 (HOB). Till the adjourned date of hearing the impugned assessment order be not acted upon. 4.

We have perused the decision of the Supreme Court in P. Mohanraj and Others Vs. Shah Brothers Ispat Private Limited (2021) 6 SCC 258 as cited on behalf of the petitioner.

12 August 2024 Kiran Kawre

908-WP-3272-2024.DOC 5.

We are not inclined to delve on other issues on merits of the assessment orders, as we are of the clear opinion that we intend to dispose of this petition only considering the effect of Section 14(1)(a) and which would be an embargo to act upon the assessment order and not on the merits of what the assessment orders contemplates.

(SOMASEKHAR SUNDARESAN, J.) (G. S. KULKARNI , J.) 12 August 2024 Kiran Kawre