2019 (8) TMI 214

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..... GC for R1 & R2; R3 is Served, but Unrepresented)   O R D E R The petitioners have filed the present writ petitions to quash the order dated 31.8.2017 passed by the 1st respondent - Adjudicating Authority as per Annexure-C. 2. Sri S. Rajashekar, learned CGC for Respondent Nos.1 and 2 raised preliminary objection with regard to maintainability of the writ petitions and contended that the pro .....

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..... counsel for the parties, it is not in dispute that the proceedings are initiated by the Adjudicating Authority under Section 7(3) of the FEMA and the impugned order passed by the Adjudicating Authority on 31.8.2017 exercising the powers under Section 13(1) of the FEMA. Therefore, the petitioners have got an alternative and efficacious remedy of appeal before the Appellate Authority under Section 1 .....

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..... re disposed of as not maintainable with liberty to the petitioners to avail the alternative remedy of appeal under the provisions of Section 17 of the FEMA within a period of three weeks from the date of receipt of copy of the order.   The petitioners are also permitted to file an application before the Appellate Authority for exclusion of the time spent before this Court. If such an applica .....

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