9911796707
TMI Blog2019 (11) TMI 1060X X X X Extracts X X X X X X X X Extracts X X X X ..... shable stock, may not be justified. In this context, the petitioner had voiced concern about the costs involved in keeping the accumulated stock of Shark Fins in India, without being permitted to export the same - This Court cannot be unmindful of the fact that the Shark Fins were procured by the petitioner during the period when there was ban on export. Such ban imposed by the Indian Government has since been upheld by the Courts. The Learned Counsel for the petitioner however submits that the Shark Fins were procured with the hope that there will be a change of policy of the Government but it did not happen. Therefore, it is apparent that the product in question was accumulated at the risk and cost of the petitioner in the hope of change ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Court allowed their utilization for permitted domestic use or otherwise the stock is to be destroyed. In the order dated 29-4-2019 disposing the SLP, the Supreme Court permitted the petitioner to urge his contention for continued possession of the stock of Shark Fins before this Court in a recall petition. 3. The Learned Counsel for the petitioner would refer to the correspondence with the Central Institute of Fisheries Technology to submit that the unprocessed dried Shark Fins can be converted to high value raw material, for the collagen industry. The possible use of Shark Fins for other medical usage is also projected by Sri. Hakhim. 4. From the submissions made as also the materials produced, while use of Shark Fins fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to the communication dated 13-5-2019 (Annexure-A4) and the communication dated 29-5-2019 (Annexure-A8), which indicate that the petitioner had corresponded with the Central Institute of Fisheries Technology and was informed that the Shark Fins can serve as a high value raw material for the collagen industry. The petitioner had requested the Central Institute of Fisheries Technology to provide the know how for processing the Shark Fins to procure collagen. 8. But it is conceded by the petitioner that currently, the technology is not available with the petitioner for extraction of collagen from the dried Shark Fins. There is no indication when such technology can be secured in the near future. More importantly, the petitioner does no ..... X X X X Extracts X X X X X X X X Extracts X X X X
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