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    <title>2003 (9) TMI 79 - Supreme Court</title>
    <link>https://www.taxtmi.com/caselaws?id=46667</link>
    <description>Where a contract required only facilitation of licence use, and the governing import-control procedure did not contemplate a second revalidation, failure to seek that revalidation was not a breach. The respondent did not establish any entitlement under the applicable procedure, so the appellant was not obliged to pursue further revalidation. Where the agreement fixed the margin money as part of a composite bargain and contained no clause for pro rata refund, no proportionate repayment could be claimed merely because the licence was only partly utilised. The respondent&#039;s refund claim therefore failed, and the decree in its favour could not stand.</description>
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    <pubDate>Thu, 04 Sep 2003 00:00:00 +0530</pubDate>
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      <title>2003 (9) TMI 79 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=46667</link>
      <description>Where a contract required only facilitation of licence use, and the governing import-control procedure did not contemplate a second revalidation, failure to seek that revalidation was not a breach. The respondent did not establish any entitlement under the applicable procedure, so the appellant was not obliged to pursue further revalidation. Where the agreement fixed the margin money as part of a composite bargain and contained no clause for pro rata refund, no proportionate repayment could be claimed merely because the licence was only partly utilised. The respondent&#039;s refund claim therefore failed, and the decree in its favour could not stand.</description>
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      <pubDate>Thu, 04 Sep 2003 00:00:00 +0530</pubDate>
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