2022 (8) TMI 662

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....er Mr. M. S. Bhardwaj with Mr. Vikas Salgia and Carina Xavier for the Respondents ORDER P.C. 1 The Petitioner is assailing the Order-in-Original passed by the Joint Director General of Foreign Trade pursuant to the show cause notice issued under the provisions of the Foreign Trade (Development and Regulation) Act 1992 (hereinafter referred to as the Act, 1992). 2 The learned Counsel....

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....d. According to the learned counsel, the Letters of Credit presented by the Petitioner are not genuine. The same has also been communicated by the Union Bank of India on 4th June 2022 to the Respondents. 5 The learned Counsel for the Petitioner submits that a copy of the said letter dated 4th June 2022 is never served upon the petitioner. Today, a copy of the said letter is handed over to the l....

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....u have nothing to say in the matter and the action as proposed above would be finalized on the basis o available records." 8 The show cause notice is dated 6th June 2022. As per paragraph 10 of the show cause notice, the Petitioner was directed to file reply by 4.00 p.m. on 7th June 2022. The Petitioner, it appears, has filed Reply within the stipulated time, however, the Petitioner was not pro....