Wp/1016/2015 Of M/S. Myguru Online Limited v. Income Tax Officer, Ward - 2(1)

HIGH COURT OF JUDICATURE AT HYDERABADFOR THE STATE OF TELANGANA AND THE STATE OF ANDHRAPRADESH THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTAANDTHE HON’BLE SRI JUSTICE SANJAY KUMAR WRIT PETITION No. 1016 of 2015 Date: 29.01.2015 Between: M/s. Myguru Online Limited,Vijayawada. … Petitioner And Income Tax Officer, Ward-2(1),Vijayawada & others. … Respondents This Court made the following: THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTAANDTHE HON’BLE SRI JUSTICE SANJAY KUMAR WRIT PETITION No. 1016 of 2015 ORDER:(Per the Hon’ble the Chief Justice Sri Kalyan Jyoti Sengupta) After hearing the learned counsel for the parties, we dispose ofthe writ petition directing the 3[rd] respondent to dispose of the petitioner’sapplications for granting stay of recovery proceedings in between23.02.2015 and 05.03.2015, and till such disposal, we are of the viewthat respondent Nos.1 and 2 should not proceed because it is not in thehands of the petitioner. We also restrain the petitioner from transferring,alienating and disposing of the fixed assets and properties owned by it orits members till the disposal of the stay applications. Pending miscellaneous petitions, if any, shall also standdisposed of. No order as to costs. ___________________ K.J. SENGUPTA, CJ ___________________SANJAY KUMAR, J