Section 3 Import Policy Order, 1977 To become the proprietary right of an import license only if all the imports of the import license under the Act XXXIX of 1950, and the import policy order, letter and spirit by the person applying for this license Where the importer was neither offered a bank guarantee, as it was legally demanded, nor was he a registered exporter, when he opened the Letter of Credit, Could not claim any of the claiming rights.
Related judgments — Peshawar High Court NWFP, 1989
