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2019 (4) TMI 1762 - HC - Indian LawsFurnishing of Bank Guarantee - Respondent No.4, on instructions, states that the said show cause notice dated 5th July, 2018 itself can be disposed of after giving hearing to the Petitioners in person or through their authorized representative and an appropriate order can be passed on or before 29th May, 2019. HELD THAT:- The statement is accepted - In view of this statement made by the learned counsel for the Respondent No.4, we are not inclined to interfere with the show cause notice impugned in this petition. The Respondent No.4 shall pass speaking order after hearing the Petitioners or their authorized representative on or before 29th May, 2019. If any adverse order is passed by the Respondent No.4 against the Petitioners, the same shall not be implemented for a period of two weeks from the date of communication of the order - Petition disposed off.
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