DIR.OF I.T(INVESTIGATION) . vs MAA VAISHNAVI SPONGE LTD.. — SLP(C) No. 15955/2012

Case Summary: SLP(C) No. 15955/2012 Director of Income Tax (Investigation) v. Maa Vaishnavi Sponge Ltd. The Supreme Court disposed of the petition as infructuous on 25 November 2013. The petitioner (IT Investigation Director) had challenged a High Court of Orissa order quashing IT proceedings. However, the Court found that the petitioner had subsequently complied with the High Court's directions—redepositing seized funds to the company's bank account and completing reassessment proceedings under the Income Tax Act—making the petition moot. The Court did not decide the substantive issues raised. This case analysis is maintained by casestatus.in based on publicly available court records.