Importer-exporter code restored and re-export permitted, while contempt proceedings were kept in abeyance pending further steps.

Interim relief was granted in a dispute concerning restoration of an importer-exporter code and permission to re-export goods. The Supreme Court issued notice, allowed impleadment of the State Bank of India as a respondent, and directed restoration of the importer-exporter code in favour of the respondent so that re-export could proceed subject to the High Court's conditions. Contempt proceedings were also kept in abeyance pending further progress, with the matter listed again after service was completed.

---

---

Issues: Whether interim notice should issue, whether a new respondent could be impleaded, whether the importer-exporter code should be restored to enable re-export of goods, and whether contempt proceedings should remain in abeyance.

Analysis: The Court issued notice, permitted impleadment of the State Bank of India as a newly added respondent, directed restoration of the importer-exporter code in favour of the respondent, allowed re-export of the goods subject to the conditions imposed by the High Court, and kept the contempt proceedings in abeyance pending further progress.

Outcome: Interim relief was granted in favour of the respondent, with further proceedings listed after service was complete.

---