(1.) By way of this petition under Article 226 of the Constitution of India, the petitioner has prayed for the following main reliefs:-
(2.) The case of the petitioners in their own words is as under:-
(3.) An affidavit-in-reply has been filed on behalf of the respondent No. 2, affirmed by Mr. Akshay S.C., Dy. DGFT. In the said reply, the following contentions have been raised.