Judgment

S.P. Kurdukar, J.-M/s. YKK Corporation, Japan, (for short ‘YKK’) an international group company, having worldwide net of companies and business locations in various countries, on April 29, 1995 submitted a proposal/representation to the Foreign Investment Promotion Board, New Delhi (for short ‘FIPB’) seeking approval to set up integrated plants for manufacturing zip fasteners (metallic and non-metallic) with hundred per cent own capital investment with no export obligation. On consideration of this proposal the FIPB forwarded the same with its recommendation to the Central Government. The Deputy Secretary to the Government of India, Ministry of Industry, Department of Industrial Policy and Promotion vide its letter dated 7th July, 1995 communicated the approval on behalf of the Government of India to YKK. Accordingly, YKK through its subsidiary company M/s. YKK Zippers, Singapore (P) Ltd., the third respondent set up integrated plants at Bawal in Har­yana.

2. The petitioners claiming to be the members of various trade unions operating in the companies engaged in manufacture of zip fasteners have filed this Writ Petition under Article 32 of the Constitution of India seeking