2010 (7) TMI 997 - HC - FEMA

Summary

The High Court dismissed a writ petition against an order of the Appellate Tribunal for Foreign Exchange regarding waiver of penalty pre-deposit, citing that only an appeal under Section 35 of the Foreign Exchange Management Act, 1999 is maintainable as per a Supreme Court judgment. The petitioner can raise all points in the appeal as per the Supreme Court's clarification.