: 1 : IN IN IN THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORDINARY ORDINARY ORIGINAL CIVIL JURISDICTION ORIGINAL CIVIL JURISDICTION ORIGINAL CIVIL JURISDICTION WEALTH WEALTH WEALTH TAX APPLICATION NO.5 OF 2002 TAX APPLICATION NO.5 OF 2002 TAX APPLICATION NO.5 OF 2002 The Commissioner of Wealth-Tax, . City - V, Mumbai ...Applicant V/s. Franco India Pharmaceuticals Ltd., . Mumbai ...Respondent Mr.A.D. Kango, Advocate, for the Applicant. Mr.S.S. Shetty, Advocate, for the Respondent. CORAM CORAM CORAM : DR. S. RADHAKRISHNAN & : DR. S. RADHAKRISHNAN & : DR. S. RADHAKRISHNAN & A.V. A.V. A.V. NIRGUDE, JJ. NIRGUDE, JJ. NIRGUDE, JJ. DATE DATE DATE : 4TH JULY, 2008. : 4TH JULY, 2008. : 4TH JULY, 2008. P.C. P.C. P.C. : : : . Heard the learned Counsel for the Applicant and the learned Counsel for the Respondent. 2. In the above, the Tribunal has only followed judgment of the Division Bench of our Court in the case of Associated Capsules’ Ltd. & Anr. V/s. Prabhu Dayal & Ors. in Writ Petition No.2334 of 1991 dated 12th August, 1991. 3. In view of the same, we dismiss the above Application. : 2 : [A.V. [A.V. [A.V. NIRGUDE, J.] [DR. S. RADHAKRISHNAN, J.] NIRGUDE, J.] [DR. S. RADHAKRISHNAN, J.] NIRGUDE, J.] [DR. S. RADHAKRISHNAN, J.]