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Madras High CourtWP/1053/2020withdrawn dismissed

M/S.Chennai Financial Markets And v. The Central Board Of Direct Taxes,

2022-10-13Honourable Dr Justice Anita Sumanth2 pages

W.P.No.1053 of 2020

IN THE HIGH COURT OF JUDICATURE AT MADRAS

Dated: 13.10.2022

CORAM

THE HONOURABLE DR. JUSTICE ANITA SUMANTH W.P.No.1053 of 2020 M/s.Chennai Financial Markets and Accountability Represented by its President Manoj K Sheth Having its registered office at GA Florentina, No.43, 1st Main Road, Gandhi Nagar, Adyar, Chennai-600 020.

... Petitioner Vs The Central Board of Direct Taxes, Aayakar Bhavan, New Block, Ground Floor, No.121, Nungambakkam High Road, Chennai-600 034.

And having their corporate office at:

The Central Board of Direct Taxes, 9th Floor, Lok Nayak Bhawan, Khan Market, New Delhi - 110 003.

... Respondent PRAYER: Writ Petition filed under Article 226 of the Constitution of India praying to issue a Writ of Mandamus, directing the Respondent to dispose the petitioner representation No.CFMA/14/2019 dated 10.12.2019 for a high level investigation be launched by the respondent by exercising inherent powers vested with them under the Income Tax, 1961 for the purpose to verify the genuineness of this fraud involving 13000 fictitious clients on the platform of Natgional Spot Exchange Limited (NSEL) to the tune of Rupees 5600 crores. https://www.mhc.tn.gov.in/judis

W.P.No.1053 of 2020 DR.ANITA SUMANTH, J.

For Petitioner : Mr.Anirudh A Sriram For Respondent : Mrs.Hema Muralikrishnan Senior Standing Counsel

O R D E R

Mr.Anirudh A Sriram, learned counsel on record for the petitioner makes an endorsement to the effect that the petitioner does not wish to pursue this writ petition.

2.In light of the endorsement made, this writ petition is dismissed as withdrawn. No costs.

13.10.2022 vs Index : Yes/No Speaking Order/Non-speaking order To The Central Board of Direct Taxes, Aayakar Bhavan, New Block, Ground Floor, No.121, Nungambakkam High Road, Chennai-600 034.

And having their corporate office at:

The Central Board of Direct Taxes, 9th Floor, Lok Nayak Bhawan, Khan Market, New Delhi - 110 003.

W.P.No.1053 of 2020 https://www.mhc.tn.gov.in/judis