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Non refund of single rupee on cacelled air tkt of paramount airways

I have to travell from kol-chennai routeby paramount airways on 22nd july"2009. Could not travell due to very much unavoidable circumstances. gone on line to cancell the the tkt, their net system told tkt shold be cancelled before 12hrs.of journey. Tell me who knowns that person will not face any accident and due that reason he can not travell. His some % of of tkt value willl not be return on humanitarian ground?