(1.) The prayer in the writ petition is to quash the order dated 9.12.2005 passed by the first respondent Settlement Commission and direct the first respondent to take settlement application on its file and settle the issue at the rate of admitted duty liability of Rs.17,53,447/-.
(2.) The brief facts necessary for disposal of the writ petition are as follows:
(3.) The respondents have filed counter affidavit by stating that based on the investigation conducted, the statements recorded and the documents produced, the show cause notice was issued on 31.12.2004 under section 124 of the Customs Act, 1962, calling upon the petitioner to show cause as to why,