High Court dismisses writ petition challenging Tribunal's order on penalty waiver. Only appeal under Section 35 is maintainable. The High Court dismissed a writ petition challenging the Appellate Tribunal for Foreign Exchange's order on waiver of penalty pre-deposit. The Court held ...
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High Court dismisses writ petition challenging Tribunal's order on penalty waiver. Only appeal under Section 35 is maintainable.
The High Court dismissed a writ petition challenging the Appellate Tribunal for Foreign Exchange's order on waiver of penalty pre-deposit. The Court held that only an appeal under Section 35 of the Foreign Exchange Management Act, 1999 is maintainable, as per a Supreme Court judgment. The petitioner was directed to raise all points in the appeal as clarified by the Supreme Court.
The High Court dismissed a writ petition against an order of the Appellate Tribunal for Foreign Exchange regarding waiver of penalty pre-deposit, citing that only an appeal under Section 35 of the Foreign Exchange Management Act, 1999 is maintainable as per a Supreme Court judgment. The petitioner can raise all points in the appeal as per the Supreme Court's clarification.
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