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E. What is not decided
Learned Counsel for some of the importers had submitted
that they have preferred statutory appeals against orders
suspending or terminating import export code. The said
aspect has not been examined and decided and hence we
make no comment and observation. The statutory
appeals, if any, preferred by the importer(s) will be
decided in accordance with law.
F. Conclusion
Accordingly, we uphold the impugned notifications and
the trade notices and reject the challenge made by the
importers. The imports, if any, made relying on interim
order(s) would be held to be contrary to the notifications
and the trades notices issued under the FTDR Act and
would be so dealt with under the provisions of the
Customs Act 1962. The Writ Petitions subject matter of
the Transfer Petitions, subject to E above (What is not
decided) are dismissed. Writ Petitions filed by the
intervenors before the respective High Courts shall stand
dismissed in terms of this decision. Pending
application(s), if any, also stand disposed of in the above
terms. No order as to costs."