Union Of India & Ors vs M/S. Asian Food Industries

The Supreme Court addressed the legality of the Central Government's notification banning the export of pulses under Section 5 of the Foreign Trade (Development and Regulation) Act, 1992. The Court held that the ban, which was announced after contracts were executed and advance payments made, was arbitrary and violated principles of natural justice, as it affected existing contracts without prior notice. Consequently, the Court ruled in favor of the exporters, allowing them to proceed with the shipments that had already been cleared by customs.