Petition challenging refusal to renew loan license dismissed as absorbed by policy change; no appearance by petitioner.
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THE HON’BLE SRI JUSTICE V.V.S.RAO
WRIT PETITION No.5755 OF 1999
07.3.2006
Between:
Roys Industries Limited, represented by its Director, Medchal, Hyderabad
… Petitioner
AND
The Union of India represented by its Secretary, Ministry of Health & Family Welfare, Nirman Bhavan, Shastri Bhavan, New Delhi. And others
… Respondents
THE HON’BLE SRI JUSTICE V.V.S.RAO
WRIT PETITION No.5755 OF 1999
ORDER:
The petitioner is a company registered under the Companies Act, 1956. It is engaged in the business of manufacturing and marketing of medicinal and Ayurvedic medicines and products. They filed the present writ petition seeking a writ of Mandamus declaring the action of the fourth respondent in refusing to renew/grant loan licence to the petitioner and his claimants under the loan licence system prevailed before 31.12.1991 in accordance with the Drugs and Cosmetics Act, 1940 as illegal and arbitrary.
When the matter is called for hearing, none appears for the petitioner. Sri M.Ganga Rao, learned Central Government Standing Counsel, submits that the policy is now changed and under the changed policy, the system of granting loan licence is being
implemented. In view of the submission, nothing survives in the writ petition.
The writ petition is, accordingly, disposed of. No costs.
(V.V.S.RAO, J)
March 07, 2006
YS
Roys Industries Limited
The Union of India
V.V.S.RAO
As recorded by the court registry
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