Pr Director General Of Income Tax v. The Chairman & Md M/S Modern Terrytowels Ltd And Anr

$~16 & 17 *IN THE HIGH COURT OF DELHI AT NEW DELHI +W.P.(C) 4420/2017 PR DIRECTOR GENERAL OF INCOME TAX ..... Petitioner Through:Mr.AjitSharma,Sr.StandingCounsel with Mr. Asheesh Jain, Mr.Adnan Siddiqui and Mr. MayankAggarwal, Advocates versus THE CHAIRMAN & MD M/S MODERN TERRYTOWELS LTD AND ANR..... RespondentsThrough:Mr. Ved Jain, Advocate with Mr.Pranjal Srivastava, Advocate for R-1Mr. Satinder S. Gulati, Advocate withMr. Kamaldeep Gulati, Advocate forR-2 +W.P.(C) 4451/2017 PR. DIRECTOR GENERAL OF INCOME TAX (ADMN. & TPS) ..... Petitioner Through:Mr. Puneet Rai, Advocate versus M/S GUJARAT THEMIS BIOSYN LTD. & ANR ..... RespondentsThrough:Mr. Shashank Singh, Advocate withMr. Arjun Minocha and Mr. SouravVig, Advocates W.P.(C) 4420/2017 & W.P.(C) 4451/2017 CORAM:HON'BLE MR. JUSTICE SIDDHARTH MRIDULHON'BLE MS. JUSTICE DEEPA SHARMAO R D E R%22.02.2018 In view of the decision of a Division Bench of this Court in AshapuraMinechem Limited v. Union of India and Others reported as 244 (2017)DLT 716, learned counsel appearing on behalf of the petitioners seek leaveto withdraw these petitions with liberty to approach the National CompanyLaw Appellate Tribunal, in accordance with law. Leave and liberty granted. The petitioners are at liberty to approach the National Company LawTribunalwithinaperiodof60daysfromtoday.Ifsuchanapplication/reference is made within 60 days, the same would not bedismissed on the ground that it has been preferred beyond the period of 180days. We are granting this liberty as the writ petitions have remainedpending in this Court and the Government of India had also taken time toclarify. With the aforesaid observations and liberty, the writ petitions aredisposed of. There shall be no order as to costs. SIDDHARTH MRIDUL, J FEBRUARY 22, 2018dnW.P.(C) 4420/2017 & W.P.(C) 4451/2017 DEEPA SHARMA, J