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2004 (1) TMI 398 - SC - CustomsWhether the appellant should be given the extension of time to complete his obligations under the licence? Held that:- Appeal allowed. In the instant case if the licence period is extended, as prayed for, no one would suffer any loss and injury whereas the appellant would suffer huge financial loss as well as injury to his reputation and good-will in the foreign market. Thus it is deemed appropriate to direct the authority to extend the period of licence for a period of 3 weeks from the date of the revalidation of the licence.
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