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1997 (2) TMI 490

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..... wal, J. (Oral)]. Rule D.B. The facts of the case lie in a very narrow compass and the point involved is very short. 2. Petitioner is stated to have purchased from Vishakhapatanam Steel Plant duty free import licence. That licence has been endorsed in favour of the petitioner. According to petitioner it could not fully use and exhaust the licence during its validity period for the reason th .....

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..... e hardship to the applicant can be made to Director General of Foreign Trade for such a relief as may be necessary. It also provides that Director General may pass such orders for granting such relaxation or reliefs as he may deem fit or proper. Para 21 of the Exim Policy reads as under : - 21. Any request for relaxation of the provision of the Policy or of any procedure, on the ground that the .....

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..... lost but the principle was about existence of power. Reference may also be made to a decision of Bombay High Court in Kavita Exports Private Limited v. Union of India - 1989 (42) E.L.T. 393 relied upon by learned Counsel for the petitioner in support of the contention that the power to revalidate or extend the period vests in the licensing authority. In the said decision the court was concerned wi .....

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..... e impugned letter dated 16th August, 1996 and direct the Respondent No. 2 to forthwith and in any case not later than four weeks from today consider and decide the representation of the petitioner on merit seeking revalidation/extension of the period of the validity of the licence, after affording an opportunity of hearing to the petitioner. The Writ Petition is disposed of accordingly. No costs. .....

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