Bombay High Court Quashes Circular Revoking SFIS Benefits for Telecom Service Provider — PIC Decisions on Eligibility Criteria Held Ultra Vires Foreign Trade Policy. The court held that the Policy Interpretation Committee could not impose conditions beyond the Foreign Trade Policy 2004-09, and quashed the Circular dated 15 July 2010 in respect of decisions at serial nos. 4(ii) and 4(iii).
5 Jul 2011The petitioner, Tata Communications Ltd., a provider of dedicated bandwidth services to foreign carriers through undersea optic fibre cables, challeng...






