https://www.taxtmi.com/caselaws?id=1164 Where no limitation period is prescribed for a statutory penalty, the power to initiate and complete proceedings must still be exercised within a reasonable time. The article notes that an unexplained and inordinate delay in issuing the notice and passing the penalty order for failure to fulfil export obligation rendered the proceedings unsustainable. Prior debarment was not treated as a bar to separate penalty action, but the long delay itself vitiated the impugned orders, and the writ petition succeeded with the appellate and adjudication orders set aside. en-us Fri, 22 Dec 2006 00:00:00 +0530 Mon, 14 Apr 2008 12:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1164 Where no limitation period is prescribed for a statutory penalty, the power to initiate and complete proceedings must still be exercised within a reasonable time. The article notes that an unexplained and inordinate delay in issuing the notice and passing the penalty order for failure to fulfil export obligation rendered the proceedings unsustainable. Prior debarment was not treated as a bar to separate penalty action, but the long delay itself vitiated the impugned orders, and the writ petition succeeded with the appellate and adjudication orders set aside. Case-Laws Customs Fri, 22 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1164