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FEMA - Highlights / Catch Notes

Home Highlights July 2012 Year 2012 This

Constitutional validity of Section 3(1) of Conservation of ...


Supreme Court Reviews Constitutionality of COFEPOSA Act's Section 3(1) on Detention Orders for Foreign Exchange Conservation.

July 10, 2012

Case Laws     FEMA     SC

Constitutional validity of Section 3(1) of Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974 (‘COFEPOSA’) to the extent it empowers the competent authority to make an order of detention against any person ‘with a view to preventing him from acting in any manner prejudicial to the conservation or augmentation of foreign exchange’ - SC

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