2020 (4) TMI 423

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....ioner : Mr.M.Balasubramanian For Respondents : Mr.Joshua Christie for Mr.V.Chandrasekaran SPC O R D E R The petition has been filed in the nature of Certiorarified Mandamus, calling for the records on the file of the 3rd respondent in F.No.04/21/21/1366/AM12 dated 10.07.2019 to set aside the same in view of the fact that it has been passed violating the principles of natural justice an....

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....tal goods (Machineries) under the EPCG Scheme. The petitioner needed machineries to increase the production. Therefore, he approached the 2nd respondent for sanction of further licences. The 2nd respondent also issued EPCG licence and allowed to import machineries after due verification. 4. It is stated that there was some delay in repaying the loan i.e. EMI's to the bank. Hence the Bankers....

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....o comply with the export obligations within the time limit fixed for submission of renewal / extension of licence and only notice was issued and the rejection by the respondent is not final. 6. It is stated that the application was also filed after considerable period of time. It is stated that the writ petition is premature. Further it is stated as follows: "7. ...... Hence, in the li....

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....iting, suspend or cancel any [licence, certificate, scrip or any instrument bestowing financial or fiscal benefits] granted under this Act: Provided that no such suspension or cancellation shall be made except after giving the holder of the [licence, certificate, scrip or any instrument bestowing financial or fiscal benefits] a reasonable opportunity of being heard. 8. The grievance of....