High Court of Judicature at Bombay Adjudicates FEMA Appeals by Special Director, Directorate of Enforcement Against Tribunal's Reduction of Penalty. Appeals Under Section 35 of Foreign Exchange Management Act, 1999 Challenge Reduction of Penalty from Rs.98.35 Crores to Rs.15 Crores in IPL Franchise Foreign Exchange Violations....
The judgment delivered on 13 December 2023 by the Bombay High Court addressed statutory appeals filed by the Special Director, Directorate of Enforcement, under Section 35 of the Foreign Exchange Mana...




