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Issues involved:
1. Failure to fulfill export obligation under an Annual Advance Licence. 2. Lack of opportunity for hearing before passing the impugned order. Analysis: 1. The petitioner, an exporter, was issued an Annual Advance Licence for import of inputs for export products but failed to fulfill the export obligation. A notice was issued calling for explanation, allowing an extension until 31st March, 2003 upon furnishing a Bank Guarantee. The petitioner failed to comply, leading to the authority treating them as a defaulter. The court noted that the authority was justified in taking action before the specified date as no Bank Guarantee was provided as required by the notice. 2. The petitioner claimed they were not given an opportunity for a hearing before the impugned order was passed. However, the court found this claim incorrect. The petitioner had sought an adjournment due to the Executive Partner being abroad, but even upon their return, no explanation or Bank Guarantee was submitted as required. The court emphasized that the petitioner failed to demonstrate fulfillment of the export obligation or provide any valid reason to interfere with the impugned order. Consequently, the writ petition was dismissed as misconceived.
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