TMI BlogOffence under FEMA - petitioner had made foreign remittances to different foreign companies under the...Offence under FEMA - petitioner had made foreign remittances to different foreign companies under the guise of payments against the bogus import of services - In the present case petitioner has been unable to make out such a case which would warrant an interference of this Court with the Impugned Order. The allegations of the respondents and the defence of the petitioner would need to be tested by the Adjudicatory Authority. - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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