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2014 (9) TMI 232 - SCH - CustomsConfiscation of goods - re-validation of licence - Held that:- it is agreed that the respondent would not seek release of the subject licences till the said petition is finally disposed of by the High Court. It is however, clarified that if the issue before the High Court is decided in favour of the respondent, it will be open to them to seek revalidation of the licences, which may have expired in the meanwhile. The prayer for revalidation shall be considered by the concerned authority as per the prescribed procedure.
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