M/S Baba Trading Company vs Vidarbha Chamber Of Commerce & ...

The Supreme Court directed that the appellant be allowed to continue as a licensee until September 30, 2009, with an annual payment of Rs. 7,62,48,333/- in 12 monthly installments. The Court also granted a subsequent two-year license to M/s. Joshi Freight Carriers Dhule at the same rate, with provisions for adjusting any previously paid amounts. The judgment emphasizes the importance of adhering to the payment schedule and the return of earnest money for re-depositing.