Advance licence transferability allowed despite expired validity where export obligations were completed, subject to required DEEC logging and submission. Advance licences under Exim Policy 1992-97 whose export obligations were completed by the cutoff date but lacked endorsement of transferability solely due to DEEC Book logging and procedural delays are eligible for transferability endorsement even if licence validity has expired, provided exporters complete logging and submit requests to the Licensing Authority within the prescribed filing period; Licensing Authorities must complete endorsement formalities by the prescribed completion deadline under the Handbook of Procedure.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Advance licence transferability allowed despite expired validity where export obligations were completed, subject to required DEEC logging and submission.
Advance licences under Exim Policy 1992-97 whose export obligations were completed by the cutoff date but lacked endorsement of transferability solely due to DEEC Book logging and procedural delays are eligible for transferability endorsement even if licence validity has expired, provided exporters complete logging and submit requests to the Licensing Authority within the prescribed filing period; Licensing Authorities must complete endorsement formalities by the prescribed completion deadline under the Handbook of Procedure.
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