1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY O. O. C. J. WRIT PETITION (LODG.) NO.539 OF 2009 WITH WRIT PETITION (LODG.) NO.540 OF 2009 Franco Indian Pharmaceuticals Pvt. Ltd. And another ..Petitioners. Vs. National Pharmaceutical Pricing Authority and others ..Respondents WITH WRIT PETITION NO.424 OF 2009 Franco Indian Remedies Pvt. Ltd. And another ..Petitioners. Vs. National Pharmaceutical Pricing Authority and others ..Respondents. .... Mr. N.H. Seervai, Senior Advocate with Mr. Zal Andhyarujina i/b M/s. Crawford Bayley & Co. for the Petitioners. Mr. Rui Rodrigues with Mr. V.B. Tiwari and Mr. P. Khosla for the Respondents in WPL 539/09. Mr. S.S. Pakale with Mr. V.B. Tiwari and Mr. P. Khosla for the Respondents in WP 424/09 and WPL 540/09. .... CORAM: SWATANTER KUMAR, C.J. & DR. D.Y. CHANDRACHUD, J. 1st April, 2009. P.C. : 2 Heard the learned counsel appearing for the parties for quiet some time. Various legal issues have been raised for the consideration of the Court, but primarily based upon factual matters which itself are in dispute. The learned counsel appearing for the respective Respondents have taken a very stand without prejudice to their rights and contentions that the grievance of the Petitioners that they were not granted hearing or that their contentions have not been considered can be taken care of by providing them a fresh hearing provided the revenue interest of the State is also protected. Having examined this aspect of the case and hearing the Petitioners who also are agreeable for passing these directions, we dispose of these writ petitions with a direction to the Respondents competent authority to hear the Petitioners and after hearing them pass appropriate orders on merits. The order should be a reasoned one. The Petitioners shall furnish a corporate guarantee to the satisfaction of the hearing authority before they are heard within one week from today. Liberty to the Petitioners to file written submissions within one week from today. The order could be passed within two weeks thereafter. The Writ Petitions are accordingly disposed of. 3 CHIEF JUSTICE DR. D.Y. CHANDRACHUD, J.