Natural justice breach vitiated an order passed without notice or hearing, leading to quashing and remand for fresh decision.

An order passed without issuing a show cause notice to the affected parties, including the appellant and the concerned exchange, and without giving them an opportunity to object or be heard, breached natural justice and fair procedure. On that basis, the order could not be sustained. The matter was therefore quashed and remitted for reconsideration after notice, hearing, and a fresh decision in accordance with law.

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Issues: Whether the impugned order was vitiated for breach of natural justice for want of notice and opportunity of hearing to the affected parties, and whether it should be quashed with a direction for fresh decision.

Analysis: The order was passed without issuance of a show cause notice to the appellant and the concerned exchange, although action was proposed against them. The absence of notice and opportunity to file objections and be heard offended the basic requirement of fair procedure. In such circumstances, the order could not be sustained and the matter required reconsideration after compliance with due process under the governing statutory framework.

Conclusion: The impugned order was quashed and set aside, and the matter was remitted to the authority to issue show cause notice, hear the necessary parties, and then take a fresh decision in accordance with law.

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