2018 (9) TMI 938

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....H MRIDUL, J (ORAL) 1. The writ petition has been received on transfer. 2. With the consent of learned counsel appearing on behalf of the parties, the same is taken up for final hearing and disposed of with the following order. 3. It is the case of the petitioner that, owing to global downturn and recession, exports from India were substantially hit in the financial year 2012-13. 4. In order to....

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....14, would be limited to a scrip of a value not exceeding Rs. 1 crore per IEC, with retrospective effect. 8. It is an admitted position that, a Division Bench of this Court vide decision dated 12.04.2018, in W.P.(C)5082/2017, titled as M/s Welldone Exim Pvt. Ltd. (Formerly known as M/S G.D. Mangalam Exim Pvt. Ltd.) vs. Directorate General of Foreign Trade & Anr., held in paragraph 12 thereof, as f....

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....covered on all fours by the aforesaid decision in Welldone Exim (supra), and the same will consequently have to be allowed in terms thereof. 10. Having heard learned counsel appearing on behalf of the parties and perused the petition paper book, and in terms of the decision in Welldone Exim (supra); the impugned communication dated 23.09.2016, whereby the respondent/Directorate General of Foreign....