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2017 (5) TMI 1235
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...., Advocates. Respondents Through: Mr. Sanjeev Narula, Senior Standing Counsel with Mr. Abhishek Ghai, Advocate. O R D E R CM No. 19658/2017 (for condonation of delay in filing counter affidavit) 1. For the reason stated in the application, the delay in filing counter affidavit is condoned. The application is disposed of. W.P.(C) 3265/2017 & CM No. 14226/2017 (for stay) 2. There a....
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....directing notice to issue to the Respondents, a direction was issued that "till the next date of hearing further steps in the proceedings qua the suspension of the Petitioner's license shall remained stayed." 5. The Court has heard learned counsel for the parties. 6. As far as order of prohibition passed by Respondent No. 1 under Regulation 23 of the CBLR, 2013 is concerned, although not exp....
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....suspension order are a verbatim reproduction of those stated in the prohibition order and that therefore there was no independent application of mind by Respondent No. 2 before directing suspension of the Petitioner's licence. Secondly, it is submitted that no 'immediate' action was called for under Regulation 19(2) of the CBLR, 2013. The impugned order shows that the events that lead to t....
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....spension the licence as it appeared that the continuation of business transactions by the Petitioner would be prejudicial to the interest of the Revenue. The above reason cannot be said to be irrelevant in the context of Regulation 19 (2). 10. At the same time, since the suspension of licence would hurt the business of the licence holder, it is necessary that the hearing pursuant to such suspen....