104-2 IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CWP-18842-2015 Date of decision:29.04.2025 SILICON VALLEY SYSTECH INC. AND ANOTHER ...Petitioners Versus CHANDIGARH ADMINISTRATION AND ORS ...Respondents CORAM: HON'BLE MR. JUSTICE SURESHWAR THAKUR HON'BLE MR. JUSTICE VIKAS SURI Present: Mr. Gautam Dutt, Advocate and Mr. Farhad Kohli, Advocate for the petitioners. Mr. Amit Jhanji, Sr. Standing Counsel with Ms. Madhu Daya, Advocate and Ms. Kudrit Kaur Sara, Advocate for the respondent-U.T. Chandigarh. **** SURESHWAR THAKUR, J. (ORAL) 1. With the consent of the learned counsels appearing today before this Court, the instant writ petition is allowed. As further consensually submitted before this Court the impugned orders are quashed and set aside, but as further agreed by the learned counsels appearing before this Court, the lis is remanded to respondent No.2, to make thereons a fresh decision in accordance with law. 2. In the making of the said process, complete opportunity of personal hearing shall be granted to all concerned, thus to raise all grounds, besides opportunity shall be granted to all concerned, to adduce all the relevant evidence, justifying the fact that any foreign company registered in a foreign land, thus holds 100% share capital in a subsidiary company registered in India. ITHLESH KUMAR 2025.04.29 16:45 I attest to the accuracy and integrity of this order/judgment CWP-25267-2016 -2- 3. The decision on the remanded lis by the Remandee Authority be passed within 3 months from today. ( SURESHWAR THAKUR ) JUDGE 29.04.2025 ( VIKAS SURI ) Ithlesh JUDGE Whether speaking/reasoned:- Yes/No Whether reportable: Yes/No ITHLESH KUMAR 2025.04.29 16:45 I attest to the accuracy and integrity of this order/judgment