In Mumbai v. M/S.triumph Securities Ltd, the High Court (2007) decided the matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
ORDINARY ORIGINAL CIVIL JURISDICTION
ORDINARY ORIGINAL CIVIL JURISDICTION
NOTICE OF MOTION NO.1975 OF 2003
NOTICE OF MOTION NO.1975 OF 2003
NOTICE OF MOTION NO.1975 OF 2003
IN
IN
IN
INCOME TAX APPEAL (L) NO.655 OF 2003
The Commissioner of Income Tax-IV
Mumbai. .. Appellant
V/s
M/s.Triumph Securities Ltd. .. Respondent
Mr.P.S.Sahadevan i/by Mr.T.C.Kaushik for the Appellant.
Mr.A.K.Jasani for the Respondent.
CORAM : DR.S.RADHAKRISHNAN
DATE : 20th March, 2007.
P.C.:
P.C.:
1. Heard the learned Counsel for the parties. Perused
the affidavit in support of the Notice of Motion. For
the reasons stated therein, sufficient cause is made out
for condonation of delay caused in filing the Appeal.
There is no case of inaction, negligence or want of
bonafide on the part of the Appellant. Hence, Notice of
Motion is made absolute in terms of prayer clause (a).
2. Place the Appeal on board for admission on
16.04.2007.
3. The learned Counsel for the Appellant undertakes to
serve the copy of the Memo of appeal on the Respondent
and file an acknowledgement thereof in the office within
a period of one week from today.
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