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    <title>1991 (10) TMI 129 - BOMBAY HIGH COURT</title>
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    <description>The Court dismissed the writ petition, ruling that the petitioner lacked vested rights in the transferred licenses that could supersede import policy changes and public notices. The Government&#039;s actions were considered reasonable to enforce export obligations and safeguard national interests. The Court held that the doctrine of promissory estoppel did not apply in this scenario, emphasizing the importance of compliance with obligations and rejecting the petitioner&#039;s claims as baseless.</description>
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      <title>1991 (10) TMI 129 - BOMBAY HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=81515</link>
      <description>The Court dismissed the writ petition, ruling that the petitioner lacked vested rights in the transferred licenses that could supersede import policy changes and public notices. The Government&#039;s actions were considered reasonable to enforce export obligations and safeguard national interests. The Court held that the doctrine of promissory estoppel did not apply in this scenario, emphasizing the importance of compliance with obligations and rejecting the petitioner&#039;s claims as baseless.</description>
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