9911796707
TMI Blog2005 (10) TMI 615X X X X Extracts X X X X X X X X Extracts X X X X ..... Shri R.N. Poddar, Member. 2. By this appeal the appellant has challenged the adjudication order No. AD/MAS/52/90(SV), dated 26-3-1990 passed by the Asstt. Director, Enforcement Directorate whereby a penalty of Rs. 2,000 has been imposed on the appellant for contravention of provision of section 8(1) read with section 71(3) of FERA, 1973 (hereinafter referred to as the Act ) and seized foreign curr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... greeing the adjudication proceeding was held. At the close of the investigation the appellant was found guilty of contravention of section 8(1) of the Act, penalty was imposed and seized foreign currency was confiscated. Being aggrieved this appeal has been filed. 5. The appellant failed to appear at the time of hearing Dr. Shamsuddin, DLA appeared for the respondent and filed the service report s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tion of 500 UAE Dhirams each were recovered from the appellant and also seized these notes in the presence of the Panchas. Thereafter the matter was transferred to the Enforcement Directorate and the copy of the panchanama, seized foreign currency and FIR dated 4-11-1987 also handed over to the Enforcement Directorate for further necessary action. Statement of the appellant was recorded under sect ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... confer from any illegality or infirmity. Therefore, the same stands. As a result the appeal does not contain any merit and is liable to be dismissed. The appeal is, therefore, dismissed. The appellant is directed to pay the penalty amount of Rs. 2,000 within 30 days from the date of receipt of this order failing which the respondent may recover the same in accordance with law. - - TaxTMI - TM ..... X X X X Extracts X X X X X X X X Extracts X X X X
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