Bombay High Court Allows Writ Petitions Challenging FEMA Adjudication Orders on Ground of Lack of Jurisdiction of Special Director (Appeals) to Entertain Appeals Against Orders Passed by Assistant Director Under Section 52 of FEMA, 1999. The court held that appeals under Section 52 of FEMA lie only against orders of Special Director or Additional Director, not Assistant Director, and Section 49 savings clause does not confer jurisdiction.
13 Jul 2006The judgment involves four writ petitions filed by Premier Limited, Godrej Industries Limited, A.B. Godrej, and N.B. Godrej challenging orders passed ...
