D.Y. Chandrachud, J.

Rule, by consent made returnable forthwith. The learned AGP appearing on behalf of the Respondents waives service on behalf of the Respondents. By consent, the Petition is taken up for hearing and final disposal.

2. The Petitioner, which is a company incorporated under Section 25 of the Companies Act 1956, has been formed with the object of promoting exports of gems and jewellery including pearls, coloured gemstones, diamonds, gold and other precious metal jewellery, synthetic stones and costume jewellery. The Petitioner organizes annual exhibitions titled 'IIJS' and 'IIJS Signature' which provide a platform for interaction between exporters and other jewellers of the country as well as for foreign buyers visiting the show. The object of doing so is to make India and especially the city of Mumbai a major international trading center for diamonds and other gems and jewellery. IIJS is stated to be the second largest jewellery show in Asia and is stated to be an official platform of the country for showcasing the manufacturing capabilities of India’s gems and jewellery sector. Over eight hundred leading companies both within and outside the country part