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2025 DAILYLAW 35931 (CAL)

GOPAL KRISHNA BANKA AND ORS v. UNION OF INDIA AND ORS.

MAT/1268/2025 · 2025-09-03

Debangsu Basak, Md Shabbar Rashidi

body2025

Judgment text

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DL-26 03.09.2025 Court No.26 (AD) MAT 1268 of 2025 With IA No.: CAN 1 of 2025 Gopal Krishna Banka & Ors. Vs. The Union of India & Ors. Mr. Suddhosattwa Banerjee, Advocate Mrs. Manaswita Mukherjee, Advocate Mr. Rohan Malviya, Advocate … for the appellants Mr. Arijit Chakraborti, Advocate Mr. Debsoumy Basak, Advocate Ms. Swati K. Singh, Advocate … for the ED. 1. Learned Advocate appearing for the appellants invites the Court to fix a timeline for the disposal of the proceedings under the provisions of the Foreign Exchange Management Act, 1999. 2. Learned Advocate appearing for the authorities submits that, at least three months time is required to dispose of such proceedings. 3. In such circumstances, for the ends of justice, it would be appropriate to request the authorities to dispose of the show-cause proceedings initiated under the Act of 1999 and which is the subject- matter of the writ petition, within a period of three months from date. 4. MAT 1268 of 2025 and IA No.: CAN 1 of 2025 are disposed of without any order as to costs. (Debangsu Basak, J.) (Md. Shabbar Rashidi, J.)