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Case Law Details

Case Name : Vital Developers Pvt. Ltd. Vs Union of India and Ors. (Bombay High Court)
Appeal Number : Writ Petition (L) No. 13986 of 2024
Date of Judgement/Order : 18/11/2024
Related Assessment Year :
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Vital Developers Pvt. Ltd. Vs Union of India and Ors. (Bombay High Court)

The Bombay High Court has issued a stay on the anti-profiteering re-investigation notice dated April 9, 2024, against Vital Developers Pvt. Ltd. The court acknowledged that the case raises arguable issues and has scheduled the petition for a peremptory hearing on February 7, 2025. Respondents have until January 15, 2025, to file additional pleadings, while the petitioner must file any rejoinders or pleadings by January 31, 2025. Until the petition is finally disposed of, the court has restrained respondents from pursuing further proceedings under the challenged notice. This interim relief ensures that no adverse actions are taken while the matter is under judicial review.

FULL TEXT OF THE JUDGMENT/ORDER OF BOMBAY HIGH COURT

1. Heard learned counsel for the parties.

2. Arguable issues are raised. Hence, Rule.

3. Learned counsel for the respondents waives service after Rule.

4. The Rule is made returnable peremptorily on 07 February 2025.

5. If respondents wish to file any additional pleadings they should do so by 15 January 2025.

6. If the petitioner wishes to file any rejoinder or pleadings, the same should be done by 31 January 2025.

7. Till the final disposal of this petition respondents are restrained from taking any further proceedings in pursuance of the impugned reinvestigation notice dated 09 April 2024.

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