M/S Round Dee Clock Securities v. Union Of India And ANR
!"
!
#
! $ %&$ '( ' ) ***** "# Mr. Tejas Bansal, Advocate for Mr. Sanjiv Kumar Aggarwal, Advocate for the petitioner.
Mr. Rajiv Sharma, Advocate for the respondents.
$$$$$ ( ' )+ , -./ % & %'()*!+! ,*-. )%+)!'/01234+',)'&%'+) ')5+'%4)% *6!'!7282.9 :+#0;'!' )+% '6 %'! ( +4% ) 34 +', ) !, % ! *' ' '6< ) 7/07/7.# '*4&% = 7> '+<,*'<4(?!+'4'%(+''&%,%%'? ( !,*! (6 % ! ?! * *6 !'! 7212. :+#2; '!,+*' '4(%'*))% ,! %'% &''&'!!%,',) ?!4,+6?, )), '! !'* < '6'' '' ?! * !'!
-2- 22(6% ! ,','4<&''*4! (& % ' &%,% %' ( ' !! '*4&% % '! :+#;%'(?'!,',&''**6'&'!!)' ! )6'/%&?/%'<&'?+'**6:!!')822- ,*'<!%'% &'<'3' '6<)<%*6&'4 %,+64+'!' %')<<+<&'4):!(6% @ )<<<'!%'<&'5+!( '!%+4%%A'3
,,+!@'B ),' -!'!222-/''<!< &'<'!% '6<)A+ ,/0-1?!&%,%<<+<&'4 & ):! ) ,%!+* < *6< '! % ),' &' <'! ' *,'(*&)222 '!?6&'%')+!(6% @ %' % &'4 ( '! % ,+6 4+'! ' % '(?#'! ),' % %') <'! '6< ) % '' &) 222 822- % ,+6 4+'! ! *6! &% % ! '! '! % '' (** '4 % (+ % ! 22-2- *6 &' %&? ,?! )< ! &%(6 &' ,?6!%' % '6< <'! % ,+6 *&'!(+'')<% !
)<222 822-&'' %@'B)!' ),'!'!222- '!%'!?6+!(6% !!'!22-% & ,'**! + ! + % '? ) !,+ '! +!'! % <%!*46 ' ,(! % @'B ) !
),'+!(6@?<)!''?!% '? )% ,',!% !#)),'*'!)<!'(+% <%!*46),'64+%,'*,+*''!%''*&'%') 2-,*'<4%'!'<+
-38 *6 (%'*) ) ! %' ( )*! &% % ! ! +! '6 +,% *'(*6 '6'(* (6 %< ' % &' ,,') ,? '6<)(+''**4!*6+!'3(6% &''* !+%'%)<'%4'!&' (6% ! % ,*')6%'%<%!*46 '! !(6%<&'',,!',&%%@'B ),''! %'!?6+!(6% @'!%'<'3&,<<!(6% %<*? % ! %+ ,' ( %*! *'(* ) '6 '6<<'!(6% &%+%,+*'&%% !
%6%'?'* ,),'**6'?!%'%')'!' ,&'!+*6 (+4%() '?)% &%')&'!,',!% !% !%'?%+! +!%*'(*6<(+ % (+ ,*'< '! (6 % )+% +(< %' ' *'+8)% 4<5+/,'%'6! +&%,% <'+*?!(&% '/%'<5+!()! * '(' ( ' ! (6 % / '! , ) +,% '('''*( ,(!&''*'?!%'?&)% ! +!5+))',?*?!% '!''(' ,*'+%'?4('4!(&% '/% &+*! (<'''(* %'? %'! *'!
,+*9; ' '4 (%'*) ) % ,? ''!%'?4%+4%%!,+<' !!'*4&% %' 1 ?!)<' +'*)%'(?%'&%*%,*'< *!4!(6% 4'!4%(+''!(+!(6%< %,+64+'!! *6!%4%) ),'+!
-4- @?<)!'''*%'!?6+!(6% @ ,'6 '! '! ! (6 ! %' % '! ),' &' ' *,'(*%<'' !(6% '!%'''+* )+!(+<)%!+(6% ,+64+'!/ %*'(*6,'()'!+ % ! - % *'(*6 (4 ! +! '! ' '(' ,*'+ %'?4 ('4!(&% '<),.)% (' '!,*' ,/00-/%,,')&+ %! +!5+))', . % ',,!4*6 !<! % %'**/ %&?/ ( ' *(6 '3 ,+ % '*'? <!6 '?'*'(*%<',,!',&%*'&,*'<%!+ ,( ' )/ + !
# C%% '34'!
D C%% '(* " D