https://www.taxtmi.com/caselaws?id=45587 Refusal to grant a private warehouse licence under Rule 140 was held arbitrary because the licensing discretion had to be exercised judicially and in line with the rule's conditions and safeguards. The authority relied chiefly on past irregularities attributed to the applicant's parents and on an unsupported assumption that the applicant would act similarly, without tying the decision to the applicant's own conduct or the statutory criteria. The refusal also ignored available safeguards such as bond, surety, and security, which could have been considered to test bona fides. The decision was therefore not in accordance with law and was set aside. en-us Tue, 03 Apr 1973 00:00:00 +0530 Mon, 12 Jul 2010 16:28:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=45587 Refusal to grant a private warehouse licence under Rule 140 was held arbitrary because the licensing discretion had to be exercised judicially and in line with the rule's conditions and safeguards. The authority relied chiefly on past irregularities attributed to the applicant's parents and on an unsupported assumption that the applicant would act similarly, without tying the decision to the applicant's own conduct or the statutory criteria. The refusal also ignored available safeguards such as bond, surety, and security, which could have been considered to test bona fides. The decision was therefore not in accordance with law and was set aside. Case-Laws Central Excise Tue, 03 Apr 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=45587