AI Overview...
- Infinity Infotech Parks Ltd. - Main points and insights:
- Entered into a sub-lease agreement on July 30, 2009, with Pearl Studios Pvt. Ltd., wherein the petitioner undertook to pay all outstanding lease rent, maintenance, electricity, water, and other charges related to the leased premises. Shiva Jute Mills Pvt. Ltd. VS Pearl Studios Pvt. Ltd. - Calcutta
- The company's shares were transferred from Infinity Townships Private Limited to Infinity Infotech Parks Ltd., making it a direct subsidiary of the latter. The company had a net worth of Rs. 32.56 crore and borrowings from banks and financial institutions. ITO Ward 2(1), Kolkata vs Infinity Housing Projects Pvt. ltd. - Income Tax Appellate Tribunal
- It has been involved in various legal proceedings, including tax and insolvency cases, and has relied on judicial decisions such as PCIT Vs Lark Chemicals Pvt Ltd and Ranbaxy Laboratories Ltd. in its defense. M/S. MUSE ADVERTISING AND MEDIA PVT. LTD. KOLKATA vs I.T.O. WARD - 10(3) KOLKATA KOLKATA - Income Tax Appellate Tribunal
- The company is also involved in insolvency proceedings, with authorized representatives and insolvency resolution professionals present in hearings. Electroparts (India) Private Limited VS Videocon Infinity Infrastructure Private Limited - National Company Law Tribunal
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The company has been referenced in multiple legal and tax cases, indicating active engagement in commercial, tax, and insolvency legal processes. PRINCIPAL COMMISSIONER OF INCOME TAX-1, KOLKATA vs INFINITY INFOTECH PARKS LTD - Calcutta, INFINITY INFOTECH PARKS LIMITED Vs MAZARS BUSINESS ADVISORS PVT LTD. - Calcutta
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Analysis and Conclusion:
- Infinity Infotech Parks Ltd. functions primarily as a property lessee and corporate entity involved in various legal and financial activities, including leasing, share transfers, and insolvency proceedings.
- Its legal history demonstrates reliance on judicial precedents in tax disputes and insolvency cases, reflecting its active engagement in resolving legal issues related to its business operations.
- The company's transfer of shares and financial standing suggest strategic corporate restructuring and significant financial activity.
- Overall, Infinity Infotech Parks Ltd. is a key player in its sector, with a complex legal and financial profile, actively involved in ongoing legal and insolvency proceedings.
Search Results for "Infinity Infotech Parks Ltd"
2019 0 Supreme(Cal) 439 • India - Calcutta
SABYASACHI BHATTACHARYYA
On July 30, 2009, the opposite party no.2 Infinity Infotech Parks Ltd., a lessee in respect of the suit premises, entered into an agreement of sub-lease with opposite party no. 1, Pearl Studios Pvt. Ltd. 3. ... transferee therein (the present petitioner) would undertake payment of entire outstanding monthly lease rent, monthly maintenance and service charges, electricity charges, air-conditioning charges, water charges and various other costs and charges whatsoever as be settled and found payable to the....
2022 Supreme(Online)(ITAT) 2855 • India - Income Tax Appellate Tribunal (Kolkata Bench)
• India - Original Side
• India - Original Side
2025 Supreme(Online)(ITAT) 3493 • India - Income Tax Appellate Tribunal (Kolkata Bench)
Shri George Mathan, JM, Shri Sanjay Awasthi, AM
The shares held by the Infinity Townships Private Limited stands transferred to M/s Infinity Infotech Parks Limited and Infinity Housing Projects Pvt Ltd is now a direct subsidiary of Infinity Infotech Parks Limited. ... The fund was provided by M/s Infinity Infotech Parks Limited. ... Its net worth is Rs 32.56 crore and borrowings from banks and Financial Institutions is Rs. aro....
2025 Supreme(Online)(ITAT) 4468 • India - Income Tax Appellate Tribunal (Kolkata Bench)
Shri George Mathan, J
M/s Infinity Infotech Parks Ltd. ITAT No. 60 of 2014, GA No. 1736 of 2014 (Calcutta-HC) b. Artex Property Consultants Pvt. Ltd. vs. ITO [ ITA No. 798/Kol/2023] dated 16.10.2023 c. Babita Devi Kajoria vs. ITO [ a href="./.. ... Ltd. ... Ltd. [ a href="./.. ... Ltd. And M/s Roopam Designer Sarees Pvt. Ltd.. It was the submission that the amounts given to M/s Roopam Sarees Pvt. Ltd. And M/s Roopam Designer Sarees Pvt....
2022 Supreme(Online)(NCLAT) 6609 • India - National Company Law Appellate Tribunal
Justice Ashok Bhushan (Chairperson) , Hon'ble Dr. Alok Srivastava (Member (Technical)) , Hon'ble Ms. Shreesha Merla (Member (Technical)) ,
• India - National Company Law Tribunal
Authorised Representative for the Infinity Infotech Parks Ltd. present. 2. ... Sanjeet Kumar Sharma, IRP in person For Infinity Infotech Parks Ltd. : Ms. Neha Somani, Adv. O R D E R 1. Ld. Counsel for the IRP present. IRP is present in person. Ld. ... SHEET OF THE HEARING ON 17TH FEBRUARY, 2023, 02:00 P.M IN THE MATTER OF ELECTROPARTS (INDIA) PRIVATE LIMITED VS VIDEOCON INFINITY
2025 Supreme(Online)(ITAT) 7622 • India - Income Tax Appellate Tribunal (Kolkata Bench)
In defense the ld AR relied on series of decisions namely, PCIT Vs Lark Chemicals Pvt Ltd [2018] 99 taxmann.com 312 (SC); Infinity Infotech Parks Ltd. in GA No. 1736 of 2014 dated 15.11.2022 (Cal); Ranbaxy Laboratories Ltd. Vs. CIT[2011] 12 taxmann.com 74 (Delhi) and CIT Vs. ... Infinity Infotech Parks Ltd. (supra) wherein the Hon'ble Calcutta High Court has held by following the decision of Hon'ble Bombay High Co....
2023 Supreme(Online)(CAL) 9701 • India - Calcutta High Court
HON'BLE CHIEF JUSTICE PRAKASH SHRIVASTAVA
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