Search Results for "foreign exchange regulation"

Trending :

Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Bombay High Court Dismisses Writ Petition Challenging Concurrent Findings in Sui...
Supreme Court Upholds Refusal to Eschew Proof Affidavit in Probate Proceedings. ...
Supreme Court Allows Agriculturists' Appeal for Enhanced Compensation; Condones ...

Search Results for "foreign exchange regulation"

360 result(s) found

Home Search Results

Scroll Down To Discover

Found 360 result(s)

High Court

Bombay High Court Allows FERA Appeals Against Penalty for Irregular Release of Foreign Exchange by Full Fledged Money Changer. Show Cause Notice Held Vague for Not Specifying Which RBI Directions Were Violated.

9 Feb 2012

The case involves appeals by Trade Wings Ltd., its managing director V.S. Ubhayakar, and director Kirti T. Shah against an order of the Appellate Trib...

High Court

Bombay High Court Allows FERA Appeal: Tribunal Erred in Affirming Penalty for Alleged Contravention of Section 9(1)(f)(i) of FERA 1973 — Remittances Protected Under Remittances in Foreign Exchange (Immunities and Exemptions) Act, 1991 and Scheme of 1991.

5 Jul 2012

The appellants, four individuals, received US$ 25,000 each in their savings bank accounts with Bank of Baroda on or about 12 October 1991, totaling US...

High Court

Bombay High Court Allows Appeal Against Confiscation of Foreign Exchange Under FERA Due to Lack of Evidence of Possession or Knowledge. The court held that the department failed to prove conscious possession of foreign exchange found in a cavity behind bathroom tiles, setting aside the order of confiscation and penalty under Sections 8(1) and 23(1) of the Foreign Exchange Regulation Act, 1947.

10 Jun 2005

The appellant, Hiralal Jain, challenged an order of adjudication passed under the Foreign Exchange Regulation Act, 1973 read with the Foreign Exchange...

Supreme Court

Supreme Court Dismisses Transmission Company's Appeal on FERV Apportionment - No Substantial Question of Law. The Court held that Foreign Exchange Rate Variation (FERV) need not be apportioned between debt and equity under the Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2001, as no legal provision mandates such apportionment.

9 May 2019

The Supreme Court dismissed two civil appeals concerning the apportionment of Foreign Exchange Rate Variation (FERV) in tariff determination for trans...

High Court

Bombay High Court Dismisses Enforcement Directorate Appeals in FERA Contravention Cases Due to Lack of Evidence and Limitation. Held that mere suspicion cannot substitute proof and that adjudication proceedings under FERA must be initiated within a reasonable time.

30 Nov -0001

The case involves a batch of appeals filed by the Union of India through the Enforcement Directorate against orders of the Appellate Tribunal for Fore...

High Court

Bombay High Court Hears FERA Appeals Against Penalty for Non-Realisation of Export Proceeds; Considers Whether Exporter Took Reasonable Steps Under Section 18(2) FERA. Court Examines Legality of Show Cause Notice and Effect of Pending RBI Write-Off Application.

6 Sep 2012

The appeals were filed under the Foreign Exchange Management Act, 2000 and Foreign Exchange Regulation Act, 1973 against the order of the Appellate Tr...

Supreme Court

Supreme Court Quashes Penalty on Part-Time Director in FERA Contravention Case Due to Lack of Specific Findings on Responsibility. Liability Under Foreign Exchange Regulation Act, 1973 Requires Proof That Director Was in Charge of and Responsible for Conduct of Business at Relevant Time, Not Mere Directorship.

27 Jul 2020

The appeal arose from a penalty imposed on the appellant, a part-time non-executive director of Modi Xerox Ltd., for alleged contravention of the Fore...

High Court

Bombay High Court Upholds Penalty for FERA Violation in Foreign Exchange Remittance Case. Directors and Company Held Liable for Making Payment to Non-Resident Without RBI Permission Under Section 9(1)(a) and 9(1)(d) of Foreign Exchange Regulation Act, 1973.

31 Jul 2006

The case involves three appeals filed by Associated Capsules Private Limited and its two directors, Jasjit Singh and Ajit Singh, against an order of t...

High Court

Bombay High Court Allows Loss Deduction for Confiscated Foreign Currency in Income Tax Reference. Foreign currency confiscated by customs authorities under FERA held allowable as business loss under Income Tax Act, 1961, even though treated as undisclosed income.

19 Aug 2005

The case involves an income tax reference by the Revenue against the order of the Income Tax Appellate Tribunal (ITAT) for the assessment year 1982-83...

Supreme Court

Supreme Court Quashes Criminal Complaint Against Company and Managing Director for Foreign Exchange Violations. Complaint Invalid as Director of Enforcement Failed to Comply with Proviso to Section 23D(1) of Foreign Exchange Regulation Act Requiring Finding that Penalty in Adjudication Proceedings Would be Inadequate; Prosecution Under Rule 132A Also Incompetent After Rule Was Omitted.

23 Jul 1969

The Rayala Corporation Pvt. Ltd. and its Managing Director, M.R. Pratap, appealed against a Madras High Court order that had dismissed their applicati...

1 2 3

Full Name * Username * Mobile Number * Email Address * State/UT * City * Password * Confirm Password * Referral Code (Optional)