JUDGMENT

S.C. Dharmadhikari, J -In view of the detailed orders passed by this court from time to time, the writ petition is admitted.

2. Rule. Respondents waive service. By consent of all parties, Rule is made returnable forthwith and the writ petition is finally disposed of by this judgment.

3. By this petition under Article 226 of the Constitution of India and prior to its amendment, the petitioner desires that this court should issue a writ of mandamus or any other writ, order or direction analogous to that writ, directing respondent no. 1 to this writ petition to guide the petitioner in making of an application styled as an application for compounding and to take on file and determine the compounding application within the time frame prescribed by the Foreign Exchange (Compounding Proceedings) Rules, 2000 (hereinafter referred to as "the Compounding Rules") or such other time frame as may be prescribed by this court.

4. Then, prayer clause (b) claims the following relief:-

"(b) that this Hon''ble Court may be pleased to issue a writ of prohibition, or any writ, order or dire