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2020 (1) TMI 1601 - SC - FEMAAppellate authority for deciding the appeals filed after repeal of FERA against the order passed under Section 51 of FERA - Appellate forum for deciding the appeals arising out of the order passed under Section 51 of FERA - HELD THAT - Learned Counsel for the parties are ad idem on the aspect that the issue is no more res integra in view of the judgment in Union of India v. Premier Ltd. 2019 (1) TMI 1502 - SUPREME COURT which has answered the question in favour of the appellant before us by opining that the appellate forum for deciding the appeals arising out of the order passed under Section 51 of FERA whether filed prior to 1-6-2000 or filed after 1-6-2000 must be the same i.e. Appellate Tribunal under FEMA. The impugned order is set aside and the appeal is restored to the Tribunal.
The Supreme Court granted leave in a case where the issue was already settled in a previous judgment. The impugned order was set aside, and the appeal was restored to the Tribunal. The appeal was allowed, and each party was left to bear their own costs.
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