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TMI Blog2008 (3) TMI 304X X X X Extracts X X X X X X X X Extracts X X X X ..... ner in not justified in invoking the Bank guarantee – DGFT shall take a decision on request made by the petitioner for extension of the period of licence as expeditiously as possible - and in the meanwhile the petitioner shall keep the bank guarantee alive for another period of one year - 5738 of 2008(G) - - - Dated:- 14-3-2008 - Antony Dominic, J. Shri P.V. Jayachandran, for the Petition ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... if the period is extended, there will be no occasion for invoking the Bank guarantee. It is also stated that the Bank guarantee presently furnished is valid till 31-3-2008 and that by letter dated 4-3-2008 received by them subsequent to the filing of this writ petition, the 2nd respondent themselves have required the petitioner to extend the bank guarantee for yet another period of one year. 3 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... writ petition will stand disposed of with the following direction. 5. That the 1st respondent shall take a decision on Ext.P4 request made by the petitioner for extension of the period of licence No. P/CG/2133940 referred to above and this shall be done by the Grievance Committee of the 1st respondent, as expeditiously as possible, at any rate within eight weeks of production of a copy of thi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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