(1.) THIS Court issued notice to the respondents on 10. 7. 2002 and also passed interim order to this effect that the operation of the order dated 29. 6. 2002 to the extent it relates to the termination of the contract agreement, shall remain terminated.
(2.) ON 24. 7. 2002, Mr. Bapna appearing on behalf of Taxation Department, filed a reply and the counsel for the applicant Mr. K. K. Sharma submitted the application for impleadment as a party which was allowed and the applicant Banas Enterprises was impleaded as a party respondent.
(3.) LEARNED Senior Advocate Mr. jagdeep Dhankar submits that in view of the terms and conditions of the contract agreement the petitioner started its business and also regularly paying the monthly installment as stipulated in the contract agreement.