RUP DIAMONDS & ORS. vs UNION OF INDIA AND ORS.

The Supreme Court dismissed the writ petition filed under Article 32, holding that the petitioners, who were granted six imprest licences for diamond imports, failed to seek revalidation within the prescribed time under Paragraph 185(4) of the Import-Export Policy 1982-83. The Court found that the petitioners were not vigilant and had delayed their claims for several years, which justified the authorities' refusal based on inordinate delay. The Court emphasized that the rejection of the writ petition would not prejudice the petitioners' rights to appeal if available under the policy procedures.