1996 (7) TMI 278

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....er per : Justice U.L. Bhat, President]. -  Shri L.K. Modi, Accounts Officer of the appellants sought adjournment on the ground that the concerned member of the staff is not available today. We do not think this is an adequate ground for adjournment. We have heard appellants' representative as well as Shri Vijay Singh, SDR. 2. Appellants imported a consignment of 1500 M.T. of Natural Ol....

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....ely by deducting the price of 2 Kgs. of the material. The memorandum of appeal gives two reasons : The first reason is that since resin has water content, there may be evaporation during the transit and storage and the reduction of price of 2 Kgs. of drum is to set off the loss by evaporation. The second reason urged is that the Brazilean authorities do not allow price reduction after the contract....