TaxTMI 
TaxTMI 
2010 (1) TMI 1313
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....ta with Ms. Poorva Nanawati, Advocates for the respondents. ORDER The writ petition under Article 226 of the Constitution of India is directed against the show-cause notice dated 21.01.1994 calling upon the petitioners to show-cause in writing within 30 days of the receipt of the Memorandum as to why adjudicatory proceedings as contemplated under Section 51 of the Foreign Exchange Regulatory A....
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....ned notice may go on but final order of adjudication would not be given effect to without leave of the court. The interim order, thus, envisaged the proceedings to be completed resulting in an adjudicatory order - favourable or unfavourable but not to be given effect to. Unfortunately, the respondents have taken no steps and have stayed their hands with the result that when this writ petition has ....
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....n the contention of the learned senior counsel for the petitioners that much water has flown since the issuance of the show-cause notice and there has been a long passage of time during which the respondents did nothing. The purport of the interim order by this court was quite clear that it wanted the proceedings to be completed pursuance to the show-cause notice but the neglect of the respondents....