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1988 (3) TMI 240

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..... India), Import Trade Control, New Delhi, issued a public notice inviting applications for licences for import of machinery, components thereof, equipment, other commodities and raw materials from the U.S. under AID Loan 103. The licences were to be valid for import of goods having their source and origin in and procured from the United States. The goods were considered to be of U.S. source and ori .....

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..... uired to stipulate in his contract a condition that the payment when due in accordance with the terms of the contract would be made only on the presentation to the bank concerned of all the documents mentioned In the public notice 2. A licence was issued to the petitioners against the said DLF Loan No. 103. The petitioners placed an order for supply of galvanised steel strips. The petitioners re .....

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..... s of AID-financed goods" incurred in 1965. The petitioners contention in this petition is that their goods were Aid-financed goods and they were, therefore, entitled to claim compensation from the Government of India against the said AID Fund. 3. The submission of the respondents is that the assumption of the petitioners that their goods were AID-financed cargo was incorrect. It was furthe .....

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..... the Deputy Director had informed the petitioners that the information had been received that your AID cargo, particulars of which are given in the enclosure to this letter, had been released by the Pakistan Government . This letter is apparently a letter in response to the claim made by the petitioners. The petitioners claimed that the goods were AID cargo and, therefore, the reply referred to .....

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..... the correct position in this matter. It is thus clear that the petitioners did not comply with the mandatory requirements of the said public notice under which the licence was given. Therefore, the goods imported by them cannot be described as AID cargo. A general letter of the Deputy Director referring to the petitioners goods as AID cargo" cannot, therefore, be accepted as any admission by th .....

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