2019 (10) TMI 380

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....NARAYANA AND MR. G.M. PATIL JJ. APPELLANT (BY SRI SANJAY CHANAL, ADVOCATE)   JUDGMENT S.N. SATYANARAYANA, J. , The petitioner before the learned Single Judge in W.P.No.107971/2015 (GM-RES) has come up in this intra-court appeal impugning the order dated 13.02.2019.   2. Admittedly, the petitioner herein is a limited company having its registered office at Belur Industrial ....

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....ch permission was granted. 4. In the instant case, it is seen that even as on 25.04.2012 the appellant company had not commenced the commercial production pursuant to Letter of Permission issued on 08.10.2007. Hence, the show cause notice was caused on the appellant on 25.04.2012 under section 14(b) and 11 of the Foreign Trade (Development and Regulation) Act, 1992 and also under Rule 17 of the....

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....doing so, a fine of Rs. 5,00,000/- was also imposed for non fulfillment of conditions of Letter of Permission and penalty of Rs. 5,000/- for non filing of APR by the appellant herein under section 11(2) of the Foreign Trade (Development and Regulation) Act, 1992. 6. The said order of the 2nd respondent-the Development Commissioner was subject matter of challenge before the 1st respondent namely....

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.... was subject to condition imposed under clause (vi) of paragraph No.2 of the Letter of Permission. Therefore, the learned Single Judge was of the considered opinion that there was no error or perversity in the reasonings assigned by the Original Authority vide Annexure-7D to the writ petition or the Appellate Authority vide Annexure-A while arriving at the conclusion rendered by them. It was also ....