Appellate review of specified foreign exchange adjudication orders allows delayed appeals for sufficient cause and grants civil-court powers. Section 17 establishes appeals before Special Directors (Appeals) against specified adjudication orders under the Foreign Exchange Management Act, 1999. ... Summary
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Appellate review of specified foreign exchange adjudication orders allows delayed appeals for sufficient cause and grants civil-court powers.
Section 17 establishes appeals before Special Directors (Appeals) against specified adjudication orders under the Foreign Exchange Management Act, 1999. Appeals must be filed within forty-five days of receiving the order, subject to condonation where sufficient cause for delay exists. Following an opportunity of hearing, the appellate authority may confirm, modify or set aside the challenged order and must communicate its decision to the parties and concerned Adjudicating Authority. It also exercises specified civil-court powers, with proceedings deemed judicial proceedings.
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