(1) An election petition may be withdrawn by the petitioner only after the permission of the Authorised Officer to whom the petition is presented or transferred as the case may be;
(2) When an application for withdrawal is made, a notice thereof fixing a date for the hearing, of the application shall be given to all other parties to the petition.
(3) No application for withdrawal shall be granted if, in the opinion of the Authorised Officer to whom the petition is presented or to whom such petition is transferred, as the case may be, such an application has been induced by any bargain or consideration which might not to be allowed.
(4) If the application is granted the Authorised Officer to whom the petition is presented or to whom such petition is transferred as the case may 58 be, shall pass an order with regard to security deposit in accordance with the provisions laid down under section 177 of the Act :
Provided that where the application of withdrawal is granted by the Authorised Officer a copy of the order shall be sent to the Director.