2009 (3) TMI 864

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.... per : P.D. Dinakaran, C.J.] - The appellants are writ petitioners in Writ Petition No. 5680/2006 where the petitioners have sought to quash the order passed by the 2nd respondent on 23rd December 1999 which was subsequently confirmed in appeal by order dated 12th September 2005 by the 3rd respondent imposing penalty of Rs. 1.50 crores by exercising power under Section 11 read with Section 14 of t....

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....ll we are satisfied that the competent authorities by proceeding dated 16th August 1999 gave an opportunity to the petitioners to appear for personal hearing on 7th September 1999, however, on that day, the appellants/petitioners did not appear but only made a representation and consequently, the impugned order dated 23rd December 1999 came to be passed by the 2nd respondent 3. In our considere....