1995 (8) TMI 74

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.... judge of this Court for setting aside an order of revalidation of licences limiting and/or restricting the import of goods mentioned under Paragraph 138 of the 1983-84 Import and Export Policy to only those items which were listed in Appendix 3 and Appendix 5 and Part A of the Import Export Policy for the year 1990-93. The said application was however dismissed by a learned single judge of this C....

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....est for revalidation of the licences could not be entertained. In order to clear such confusion the appellant made an application for clarification of the order dated 1st December, 1992 passed by a learned single judge of this court to the effect that the said order would not prevent the respondents from revalidating the licences under the Import and Export Policy 1990-93 in terms of their own dec....

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....pellant is not possible under the law now prevailing. In our view, the Government is entitled to make policy every year by looking into and considering the exigency of the situation and if a policy is changed, nobody can place his right or claim his right on the basis of the old one. No one has a vested right to this effect if the Government is entitled to change the policy in accordance with the ....