Offence under FEMA/FERA - Levy of penalty - Review petition - The case involves allegations of violating...

Offence under FEMA/FERA - Levy of penalty - Review petition - The case involves allegations of violating foreign exchange regulations regarding securing export value without proper authorization. Penalties were imposed on the appellants and a proforma respondent. Despite multiple opportunities for appeal and review, the appellants failed to comply with orders and continued to file petitions, leading the court to conclude that the appeal was a gross abuse of the legal process. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X