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2003 Supreme(SC) 83

S.S.M.QUADRI, ASHOK BHAN
Union Of India – Appellant
Versus
Chowgule And Co. LTD. – Respondent


JUDGMENT

Bhan, J.-Union of India has filed these appeals against a common judgment/order of the High Court of Bombay, Panaji Bench, Goa dated 16th December, 1993 passed in Writ Petition Nos. 480 of 1993, 490 of 1993, 522 of 1993 and 521 of 1993 filed by the respondents who were the petitioners before the High Court. By the impugned judgment the High Court has quashed the orders passed by the authorities rejecting the claim of the respondents for grant of additional licence against the export orders. But because of the intervening circumstances, i.e. issuance of REP Circular No. 11 of 1993 dated 5th May, 1993 by the Directorate General of Foreign Trade, instead of granting the additional licence the Union of India has been directed to pay to the respondents the premium amount of 20% in terms of the said Circular. Union of India was directed to work out the amount payable subject to the respondents producing the Bank Certificate in respect of the realisation of foreign exchange of export proceeds.

2. The facts which are common to all the appeals being similar are taken from the appeal: Union of India vs. Chowgule & Co. Ltd. & Others.

3. Respondent is a limited company incorporated und


















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