2005 (9) TMI 702

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..... passed by Assistant Director, Enforcement Directorate imposing a penalty of Rs. 60,000 for not taking sufficient and reasonable steps for repatriation of the export proceeds in contravention of the provisions of section 18(2) read with section 18(3) of the Foreign Exchange Regulation Act, 1973. 3. While disposing of application for dispensation of the pre-deposit, this Tribunal by order dated 13- .....

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..... -11-2002 passed by this Tribunal to this effect. As no amount has been deposited, so it is quite clear that bona fides are not demonstrated by the appellant and Interim Order passed by this Tribunal still is not complied with. Hence, this appeal is required to be dismissed for non-compliance of the Interim Order. 5. An Order is passed accordingly. This appeal is dismissed for non-compliance of ord .....

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