DFIA scrips - Subsequent cancellation of the licenses/scrips - ...
Cancellation of DFIA Scrips: Fraudulent Documents Nullify Benefits for Purchasers or Successors under Fraudulent Licenses.
September 7, 2018
Case Laws Customs HC
DFIA scrips - Subsequent cancellation of the licenses/scrips - fraud or suppression continues, if document is not genuine and contrary interpretation defeating legislative intention will not enable perpetuation of fraud and a purchaser or successor of fraudulently obtained licence stands in the same position as the predecessor.
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