(1.) Rule. Rule returnable forthwith. Heard finally by consent of the parties.
(2.) Heard Mr. M. G. Bhangde, Senior advocate for the petitioners, Mr. C. S. Kaplan, advocate for respondent Nos. 1 and 2 and Mr. Agrawal, A. G. P. for the State.
(3.) In the present case, following facts are not disputed :-