S.P.GOYAL, J.

1. This petition under Art.226 of the Constitution has been filed to challenge the order of the Joint Chief Controller of Imports and Exports dated . August 8, 1984, debarring the petitioners, Messrs Oswal Woollen Mills, Limited, Ludhiana, (hereinafter called the Company) and their Directors from importing any goods and from receiving import licences/OCPs and allotment of imported goods through STC, MMTC and any other agency for a period of about five years from November 9, 1983 to March 31, 1988. The said order has also been made applicable to three sister concerns of the petitioner Company and its branches in which the names of its Directors appear as proprietors, partners or directors.

2. The Company is recognised as Export House within the meaning of the term appearing in the Import and Export Policies issued from time to time under the Imports (Control) Order, 1955 . According to Cl.147 of the Import Policy AM 81 (April 1980-March 1981) registered Exporters including Export Houses were entitled to register their export contracts for the purpose of claiming benefits as detailed in its Appendix 20. During the period April 1980-March 81 the Company entered i