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1997 (2) TMI 59

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..... dated November 13, 1996, and December 19, 1996, passed by this court. The Supreme Court in its order dated January 24, 1997, has held that the nature of proceedings before the High Court is somewhat similar to those pending in the Supreme Court in Writ Petition (Crl.) Nos. 340-343 of 1993---Vinit Narain v. Union of India and Writ Petition (Civil) No. 640 of 1995---Anukul Chandra Pradhan v. Unio .....

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..... hereof on the other side. On December 11, 1996, the Director, CBI, had given undertaking that investigation into the conspiracy aspect of the case shall be completed within a period of three months. We hope, the aforesaid time schedule shall be adhered to. An interlocutory application (I. A. No. 270 of 1997) has been filed on behalf of the Income-tax Department seeking clarification of the ord .....

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..... fact, that would be in consonance with the spirit of the abovesaid orders of this court. Mr. Rastogi has next pointed out that a request was made to the Commission to hold enquiry into cases which have been admitted by the Settlement Commission under section 245D(1) of the Income-tax Act at Patna. It is said that in view of the volume of records and also for security reasons, as there is a dang .....

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..... ioner of Income-tax under section 245D(3) is discretionary in nature. We have doubts if we can give any positive direction to the Commission in this regard. We would, however, having regard to the significance of these cases, the amount involved, etc., like to know the response of the Commission in this regard. Let notice be issued to the Income-tax Settlement Commission (Additional Bench), 16B, .....

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