ORDER :-This petition under Art. 226 of the Constitution prays that the proceedings consequent on the search and seizure of the petitioner's premises made on 18th May, 1966, be quashed and the respondents be directed to return the seized documents and the account books and not to launch any prosecution of the petitioner on the basis of the seized documents.

2. The petitioner is a private limited company incorporated in 1946. It carried on the business of commission agents in respect of forward trading in various goods. The Forward Contract (Regulation) Act (No. 74 of 1952) was passed by the Parliament to regulate trading in forward contracts. This Act established the Forward Markets Commission. Under Sec. 14-A of the Act an association could not carry on business in forward contracts except in accordance with the conditions of a certificate of registration granted to it by the Commission. The petitioner made an application for registration on 15th December, 1962. A registration certificate was granted to the petitioner. By an order issued on 1st June, 1964, the Central Government banned forward trading in many kinds of goods including groundnut oil. The petitioner company was carryi

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