IN THE HIGH COURT OF JUDICATURE, ANDHRA PRADESH AT HYDERABAD (Special Original Jurisdiction) THURSDAY, THE THIRTY FIRST DAY OF JULY TWO THOUSAND AND EIGHT PRESENT THE HON'BLE MR JUSTICE B.SESHASAYANA REDDY WRIT PETITION NO : 15187 of 2008 Between: Mr. Chennupati Tukaram, S/o. Ch. Ramakrishna, R/o. D.No. 60-16-8, Navodaya Colony, Venkatesarapuram - Post, Vijayawada - 520 010. ..... PETITIONER AND 1 The Securities Exchange Board of India, Plot No. C4-A 'G' Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051. Rep by its Chairman 2 Foreign Investment Promotion Board, Rep by its Chairman, Finance Secreatary, (Chairman FIPB), Ministry of Finance, North Block, New Delhi. 3 Daiichi Sankyo Group, having its Office at 3-5-1, Nihonbashi-Honcho, Chuo-ku, Tokyo, Japan - 103-8426 Rep by its Chairman 4 M/s. Ranbaxy Laboratories Limited, having its Corporate Office, Plot 90, Sector 32, Gurgaon-122 001 (Haryana), INDIA, Rep by its Chairman Mr. Malvinder Singh. 5 M/s. Zenotech Laboratories Limited, Park View Estate, 4th Floor, Road No. 2, Banjara Hills, Hyderabad, Rep by its Managing Director Ch. Jayram .....RESPONDENTS Petition under Article 226 of the constitution of India praying that in the circumstances stated in the Affidavit filed herein the High Court will be pleased to issue an appropriate writ, direction or order especially in the nature of writ of mandamus directing respondent 1 & 2 to conduct detain investigation and take suitable action against respondent 3 by baring their entry into Indian capital market, including taking any further steps to acquire the shares of respondents 4 & 5 companies and also direct respondents 3 & 4 to compensate the shareholders of respondent 5 for the loss in value of their shares. Counsel for the Petitioner: Mr.V.K.NAIDU Counsel for the Respondents: Mr.A.RAJASHEKAR REDDY (ASST SOLICITOR GEN) The Court made the following : ORDER: Learned counsel appearing for the petitioner seeks permission to withdraw the writ petition. Permission as sought for is accorded. Accordingly, Writ Petition is dismissed as withdrawn. There shall be no order as to costs. ____________________________ B.SESHASAYANA REDDY,J 31st July, 2008 Tsy To 1 The Chairman, Securities Exchange Board of India, Plot No. C4-A 'G' Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051. 2 The Chairman, Foreign Investment Promotion Board, Finance Secretary, (Chairman FIPB), Ministry of Finance, North Block, New Delhi. 3 The Chairman, Daiichi Sankyo Group, having its Office at 3-5-1, Nihonbashi-Honcho, Chuo-ku, Tokyo, Japan - 103-8426. 4 The Chairman, M/s. Ranbaxy Laboratories Limited, having its Corporate Office, Plot 90, Sector 32, Gurgaon-122 001 (Haryana), INDIA. 5 The Managing Director, M/s. Zenotech Laboratories Limited, Park View Estate, 4th Floor, Road No. 2, Banjara Hills, Hyderabad, 6 2CCs to 7 2CD copies Form-NIC-OGS/WP{BMR}