Tata Iron and Steel Company Limited was granted an advance duty free licence on the basis of its application.
This appeal is preferred against an interlocutory order dated 30th May, 1994 made by the Delhi High Court in Civil Writ Petition No.
Tata Iron and Steel Company companyplied with all the companyditions attached to the said licence and thereafter applied for endorsement of transferability.
By means of the impugned order the High Court has stayed the operation of Clause iii of para 2 of the Circular dated 19.4.94.
At that stage an objection was raised by the customs authorities that inasmuch as the import was made beyond six months from 6.9.93 date of endorsement of transferability , the import is invalid accordingly they refused to clear the goods.
The grant was made on 28.4.93.
The respondents imported goods on the basis of the said licence.
Leave granted.
Heard the companynsel for the parties.
2112 of 1994.
M s. Ferro Alloys Limited in turn transferred it to M s. Mohan Ferro Alloys Private Limited, from whom the respondent herein Shree Ganesh Steel Rolling Mills Limited purchased it on 11.2.94.
