Show cause notices kept in abeyance under agreed terms after filing of the audit report within the stipulated time.

The writ petition was disposed of on the basis of the parties' recorded consensus, with the respondents agreeing to keep the show cause notices in abeyance if the audit report is filed within the stated time. The operative effect is that the dispute was resolved through agreed terms rather than adjudication, and the notices were held in suspension subject to compliance with the filing condition.

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Outcome: The writ petition was disposed of in terms of the consensus recorded between the parties, with the respondents agreeing to keep the show cause notices in abeyance upon filing of the audit report within the stated time.

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