Bombay High Court Directs Release of Seized Indian Currency with Interest in FERA Case — Unjustified Delay in Compliance with Adjudication Order. The court held that the Enforcement Directorate's failure to implement the final adjudication order for over a decade was arbitrary and directed payment of Rs. 4.90 lakhs with 6% interest from the date the order attained finality.
21 Nov 2011The petitioner, Chandru P. Jethwani, filed a writ petition before the Bombay High Court seeking the release of Indian currency amounting to Rs. 5.90 l...




