This Writ Petition coming on for hearing on Monday the thirteenth day of September 1993 and on this day upon perusing the petition and the affidavit filed in support thereof the order of the High Court, dated 13-7-1993 and made herein and the counter-affidavit filed herein and the records relating to the order relevant to the prayer aforesaid comprised in the return of the respondents to the Writ made by the High Court, and upon hearing the arguments of Mr. C. Natarajan, Advocate for the petitioner, and of Mr. T. Srinivasamoorthy, Additional Central Government Standing Counsel for the Respondents and having stood over for consideration till this day, the Court made the following order :-

By consent of parties the Writ Petition itself is taken up for final disposal. The petitioners own a Textile Mill and are engaged in the manufacture of cotton yarn. The Mill has 28, 000 spindles as on date. It is stated that nearly 30% of the yarn manufactured by the petitioners are being exported out of India, earning precious foreign exchange. The Export and Import Policy for the period 1992-97 has introduced in Chapter VI an "Export Promotion Capital Goods Scheme"(hereinafter called the