Summarize the following court judgment. No. 411 of 1987. Under Article 32 of the Constitution of India. T.U. Mehta	 A. Subba Rao	 P. Parmeshwaran	 Harish N. Salve	 N.D. Garg	 Rajiv K. Garg	 P.H. Parekh	 Ms. Ayesha Misra and M.N. Shroff for the appearing parties. Petitioners seek issue of appro priate writs to the Authorities to re validate the six Imprest Licences	 with appropriate endorsement for the import of open General items under the Import Export Policy of 1982 83 (A.M. 1983). 15 This writ petition came up for preliminary heating along with Special Leave Petition (Civil) Nos. 2579 of 1987 and 2580 of 1987 preferred by the Union of India seeking leave to appeal from two Judgments of the Division Bench of the High Court of Judicature at Bombay in two other cases. Petitioners are a recognised Export House for purposes of the Import Export Policy	 1982 83. They applied for	 and were granted	 six imprest licences: (1) 2932347 dated 31.7.1982 for CIF value of Rs.65	28	500; (2) 293259 dated 20.8.1982 for Rs.1	14	49	263; (3) 0470538 dated 11.5.1982 for Rs.1	43	76	770; (4) 0449604 dated 12.5.1981 for Rs.1	32	39	130; (5) 0468397 dated 16.4.1982 for Rs.5	21	747; and (6) 2927607 dated 29.4.1980 for Rs. 1	47	16	238	 for the import of uncut and unset diamonds with the obligation to fulfill certain export commitment for the export	 out of India	 of cut and polished diamonds of the FOB value	 stipu lated in each of the imprest licences. Petitioners claim that	 pursuant to the said imprest licences	 they had im ported uncut and unset diamonds and had also discharged their export obligations by exporting cut and polished diamonds of the requisite value as evidenced by the Redemp tionCertificates which are annexed as annexure V to the memorandum of writ petition. Petitioners claim that in terms of para 185(4) of ImportExport Policy	 1982 83	 they were entitled to the facility for the import of OGL items as is available in the case of replenishment licences issued to export houses under clauses (1) and (3) of para 185 of A M 1983 policy. Para graph 185(4) of the AM 1983 provided: (4) The facility for import of OGL items available in subpara (3) above	 may also be allowed	 on merits	 to Export Houses against their advance/imprest licences on account of which they are rendered ineligible to obtain REP licence. In such cases	 however	 the value upto which the OGL import may be allowed	 will not exceed the value to which the Export House would have been eligible to the REP licence	 had he not obtained advance/imprest licence in question. This facility will be available to the Export House after he has discharged the export obligation imposed on the ad vance/imprest licence. Therefore	 if by the time	 the Export House becomes eligible to this facility	 the advance/imprest licence has expired	 or	 if the original 16 validity left unused by that time is less than six months	 the licensing authority will revalidate the licence simultaneously so as to give to the licence holder a time of six months for the purpose of importing OGL item under this facility. However	 the petitioners did not bestir themselves to seek the revalidation and endorsement for OGL items for quite some time thereafter. It was only in the year 1986 they sought such revalidation and endorsement. That was after a lapse of several years from the completion of their export obligations. The Joint Chief Controller of Imports and Exports by his two decisions	 one dated 5.8.1986 per taining to the Imprest Licence 2927607 dated 29.4.1980 and the other dated 9.4.1986	 pertaining to the other five Imprest Licences declined the request. These two orders are challenged in the writ petition. The grounds for refusal in both the decisions are simi lar	 except for the reference to certain relevant dates. The grounds are	 broadly	 on two aspects. The first pertains to the inordinate delay in seeking revalidation and endorse ment. On this the communication says: "We are surprised to have received your letter No. nil dated 21.4.1986 forwarding therewith Imprest Licence No. 2927607 dated 29.4.1980 (exchange control copy) for the period AM 83 for grant of revalidation and endorsement for import of OGL items without debiting the licence in terms of para 1985 of Import Policy for the period 1982 83 after 5 years of the expiry of the licence for which the export obligation period was discharged on 25.10.80	 22/25.10.80	 29.10.80	 19.5.81	 5.5.81	 22.6.81	 5.5.81	 20.5.81	 29.6.81	 & 22.9.81. In other words	 you have made a request for revalidation and endorsement under para 185 of AM 83 Policy after 4 years and 7 months from the discharge of the export obligation. It is	 therefore	 obvious that you have not cared to apply immediately after discharge of export obligation and as such your request is grossly time barred . " The second aspect is as to the merits and permissibility of the claim. The communication says: 17 " . More over	 in terms of para 185(7) to AM 83 Import Policy	 Import of OGL items by Export houses under the provisions to sub paras (4) and (5) of para 185 of the said policy is subject to the condition that the shipments of goods shall take place within the validity of the OGL i.e. 31.3.86 or within the validity period of the Import Licence itself (within grace period) whichever date is earli er. Since this date is over and the request has been made after 4 years and 7 months after the discharge of export obligation	 question of permitting facility under the aforesaid provision does not arise. Besides	 there is no provision in the Import Export procedures for the period 1985 86 for grant of revalidation	 in which period your request has been re ceived. Para 73 of the said procedures states that no revalidation of import licences of emergency licences for CCPs will be allowed . . " The present writ petition challenge these orders. The petitioners allege that their claims are similar to those made by M/s. Ripal Kumar & Co.	 and M/s. H. Patel & Co. who had filed writ petitions No. 2477 of 1984 and No. 1465 of 1984 respectively in the High Court of Judicature at Bombay for the issue of appropriate writs to the authorities to revalidate the Imprest Licences	 that those writ petitions were allowed by the learned Single Judges of the High Court	 whose decisions came to be affirmed in appeal by the Divi sion Bench; that Special Leave Petitions 4670 of 1986 and 7389 of 1985	 respectively	 preferred by the Union of India	 against the said two judgments of the Bombay High Court were dismissed by this Court and that	 therefore	 the rejection by the authorities	 of the petitioners ' claim for similar revalidation of the six Imprest Licences and endorsement for OGL items would	 in view of grant of revalidation and en dorsement in those cases	 be discriminatory and violative of Article 14. It is contended for the petitioners that the grounds for refusal put forward by the authorities in the case of M/s. Ripal Kumar & Co.	 and M/s. H. Patel & Co.	 were exactly similar to those proffered in the case of petitioners also and that those grounds had been found by the courts to be insufficient in law to support the refusal. Petitioners say that they made the demand for revalidation immediately after the decision of the Bombay High Court in M/s. Ripal Kumar & Co. 's case and that the rejection of the petitioners ' claim is wholly discriminatory	 as there was no basis for any distinction to be made in petitioners ' case. Apart altogether from the merits of the grounds for rejec tion 18 on which it cannot be said that the mere rejection of the Special Leave Petitions in the cases of M/s. Ripal Kumar & Co.	 and M/s. H. Patel & Co.	 could by itself	 be construed as the imprimatur of this Court on the correctness of the decisions sought to be appealed against there is one more ground which basically sets the present case apart. Peti tioners are re agitating claims which they had not pursued for several years. Petitioners were not vigilant but were content to be dormant and chose to sit on the fence till somebody else 's case came to be decided. There case cannot be considered on the anology of one where a law had been declared unconstitutional and void by a Court	 so as to enable persons to recover monies paid under the compulsion of a law later so declared void. There is also an unex plained	 inordinate delay in preferring this writ petition which is brought after almost an year after the first rejec tion. From the orders in M/s. Ripal Kumar & Co. 's case and M/s H. Patel & Co. 's case it is seen that in the former case the application for revalidation and endorsement was made on 12.3.1984 within four months of the date of the redemption certificate dated 16.11. 1983 and in the latter case the application for revalidation was filed on 20.6.1984 in about three months from the Redemption Certificate dated 9.3.1984. On a consideration of the matter we think that	 apart altogether from the merits of the other grounds for rejec tion	 the inordinate delay in preferring the claim before the authorities as also the delay in filing the writ peti tion before this .Court should	 by themselves	 pursuade us to decline to interfere. In Durga Prasad vs Chief Controller	 I & E	 this Court observed: " . . It is well known that the exchange position of this country and the policy of the Government regarding Interna tional Trade varies from year to year and it would be rather odd for this Court to direct that an import licence be granted in the year 1968 in respect of alleged defaults committed by the Government in 1959 or 1962. In these matters it is essential that persons who are aggrieved by orders of the Government should approach the High Court after exhausting the remedies provided by law	 rule or order with utmost expedition. " It is stated in the two communications rejecting the claim of the 19 petitioners that petitioners are entitled to an appeal as laid down in the appeal procedures in the policy. If any such a right of appeal is available	 this order rejecting the writ petition shall not prejudice petitioners ' case in any such appeal. We	 accordingly	 decline to interfere and reject this writ petition. N.P.V. Petition dismissed.

Petitioners	 a recognised Export House for purposes of the Import Export Policy	 1982 83 were granted six imprest licences for the import of uncut and unset diamonds with the obligation to fulfil certain export commitment for the export of India	 of cut and polished diamonds. They did not seek the revalidation and endorsement for OGL items within the time prescribed under Paragraph 185(4) of the Import Export Policy 1982 83 (AM 1983). Only in the year 1986	 after a lapse of several years from the completion of their export obligations	 they sought such revalidation and en dorsement. The Joint Chief Controller of Imports and Ex ports	 by two orders dated 5.8.1986 and 9.4.1986	 declined the request	 on grounds of inordinate delay in seeking revalidation and endorsement	 and on merits and permissibil ity of the claim. In the Writ Petition	 the petitioners challenged these orders contending that in view of the grant of revalidation of imprest licences of two other Export Houses	 consequent upon their writ petitions being allowed by the High Court and the Special Leave Petitions of the Government against the decision being dismissed by the Supreme Court	 rejection by the authorities of the petitioners ' claim for similar revalidation	 and endorsement of their imprest licences	 was discriminatory and violative of Article 14 of the Constitu tion inasmuch as the grounds for refusal put forward by the authorities in those cases were exactly similar to those preferred in the case of the petitioners	 and those grounds had been found to be insufficient in law to support the refusal	 and that there was no basis for any distinction to be made in the case of petitioners who had made their demand for revalidation after the High Court 's decision in one of those cases. Dismissing the Writ Petition	 14 HELD: Petitioners are re agitating claims which they had not pursued for several years. They were not vigilant but were content to be dormant and.close to sit on the fence till somebody else 's case came to be decided. Their case cannot be considered on the anology of one	 where a law had been declared unconstitutional and void by a Court	 so as to enable persons to recover monies paid under the compulsion of a law later so declared void. There is also an unex plained	 inordinate delay in preferring this writ petition which is brought after almost a year after the first rejec tion. [18B C] Apart altogether from the merits of the other grounds for rejection	 the inordinate delay in preferring the claim before the authorities as also the delay in filing the writ petition before this Court does not pursuade this Court to interfere in this matter. [18E] The rejection to this Writ Petition shall not prejudice petitioners ' case in the appeal	 if such a right of appeal is available under the appeal procedures in the policy. [19A] Durga Prasad vs Chief Controller	 I & E	 1969(2) SCR 861	 referred to.