Supreme Court of India

M/s Gokuldas Exports v. M/s Jain Exports (p) Ltd.

Neutral citation
Reported as [2003] SUPP. 3 S.C.R. 378
Bench Brijesh Kumar and Arun Kumar JJ.
Decided 4 September 2003

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

1 Supreme Court bench has cited this judgment.

What the Court ordered

We hold that defendant-appellant was not obliged to apply for second B revalidation of the licence and its failure to do so does not amount to breach of agreement on its part.

Judgment, page 14

From the headnote

Export-Import Policy, 1981-82 Paras 198(2); 199(1); 211-Import licences-Second revalidation-Permissibility of-Held, not permissible­ Request for revalidation can be allowed for a period not exceeding six months-Party seeking revalidation for a longer period has to make such a request while seeking revalidation at the first instance disclosing special reasons-Such request is to be considered with the approval of Chief Controller of Imports and Exports-There cannot be two requests for revalidation-IPC Circular No. 10104 dated 111511984-IPC Circular No. 14192 dated 3/5/I982-Handbook of Import

Where later benches applied it

Of those, 1 mentioned

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