ORDER

1. These appeals challenge the judgment and order dated 20th January, 2012 passed by the Division Bench of the High Court of Karnataka in Writ Petition No. 25290 of 2002 (TAR) and Writ Petition No. 25291 of 2002 (TAR), thereby dismissing the writ petitions filed by present appellant.

2. The writ petitions were basically filed with a prayer seeking issuance of mandamus directing that, the Notification No. 38 of 2002-Cus(N.T.) dated 13th June, 2002 was not applicable to the imported goods consisting of 1647.414 metric tonnes of crude palmolein covered under the Bill of Entry for Home Consumption dated 12th June, 2002.

3. The aforesaid writ petitions were rejected. Being aggrieved, the present appeals are filed.

4. The appellant has filed the I.A. No. 85939 of 2021 for pointing out the subsequent developments and the disposal of the appeal in terms thereof.

5. It is not in dispute that during the pendency of the present proceedings, the Standard Chartered Bank had filed proceedings before the National Company Law Tribunal, Mumbai (hereinafter referred to as the "NCLT") in respect of the present appellant under the provisions of Insolvency and Bankruptcy Code, 2016 (hereinafter referr