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High Court of Bombay Allows Writ Petition and Directs Release of Imported Yellow Peas Without Restriction. Holds Notification Imposing Import Restriction Operates Prospectively, Not Affecting Contracts Fully Executed Before Imposition Date.

The petitioner, an importer, entered into two contracts for import of Yellow Peas from Ukraine. The balance 90% payment was made on 23.05.2018 and 04....