2024 (8) TMI 60 - SCH - Income Tax

Supreme Court Declares Special Leave Petitions Infructuous After Resolution of Related High Court Appeals.

The SC, with Justices B.V. Nagarathna and Nongmeikapam Kotiswar Singh presiding, declared the Special Leave Petitions infructuous, as they arose from an ... Stay of demand - pre-deposit requirement - as decided by HC [2017 (6) TMI 1237 - KERALA HIGH COURT] Ld' Single Judge was perfectly justified in requiring the appellant to remit 15% of the disputed demand. Therefore, we do not find any merit in this appeal - HELD THAT:- As stated at the Bar that these Special Leave Petitions arise out of an interim order passed by the High Court in appeals. That these appeals have itself been disposed of. In the circumstances, appropriate orders may be made in these petitions. Noting the above, these Special Leave Petitions are disposed of as infructuous. Issues:Special Leave Petitions arising out of an interim order passed by the High Court in appeals, which have been disposed of.Analysis:The Supreme Court, comprising Hon'ble Mrs. Justice B.V. Nagarathna and Hon'ble Mr. Justice Nongmeikapam Kotiswar Singh, heard the matter. The Court noted that the Special Leave Petitions were based on an interim order issued by the High Court in appeals that had already been resolved. Consequently, the Court deemed the petitions infructuous and ordered their disposal. The legal proceedings were thus concluded due to the resolution of the underlying appeals, rendering further action unnecessary. The parties were represented by various advocates on both sides, with the Court acknowledging the status of the appeals and making appropriate orders in light of the circumstances.