High Court grants exemption & stay, sets deadlines. Penalty proceedings allowed.

The High Court granted exemption subject to just exceptions in the case. A notice was issued for the Writ Petition, with the Respondents' counsel accepting it. The court directed the filing of a counter affidavit within four weeks and allowed a rejoinder. The case was scheduled for a specific date in January 2020. Regarding the stay application, the court heard both parties' counsels and reviewed the impugned order. The court decided to stay the order if the Petitioner deposited a specified amount within four weeks with the Respondents. Penalty proceedings were allowed to proceed, and the deposited amount was to be placed in a fixed deposit for a year, subject to further orders.

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Issues Involved:
1. Exemption application
2. Writ Petition
3. Stay application

Exemption Application:
The High Court allowed the exemption subject to all just exceptions in the case. The application was disposed of based on this decision.

Writ Petition:
A notice was issued regarding the Writ Petition. The Respondents' counsel accepted the notice. The court directed the filing of a counter affidavit within four weeks and allowed a rejoinder before the next date. The case was listed for a specific date in January 2020.

Stay Application:
In the aspect of stay, the court heard counsels for both parties and reviewed the impugned order. The Respondents' counsel submitted a report by the Directorate General of Anti-Profiteering, which was not filed by the Petitioner along with the petition. The court decided that the impugned order would stay if the Petitioner deposited a specified amount with the Respondents within four weeks. The penalty proceedings were allowed to continue, and the deposited amount was to be put in a fixed deposit for a year, with disbursement subject to further orders in the petition.

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