FEMA and FDI policy enforcement clarified as authorities were already acting on alleged breaches, leaving no further writ directions necessary.

Allegations of violation of the Foreign Exchange Management Act, 1999 and the FDI policy were addressed by noting that the policy had been clarified and updated, and that enforcement action was already underway against entities found in breach. Pending and completed enquiries showed that the statutory authorities were seized of the matter and proceeding in accordance with law. In these circumstances, no further order was required on the writ petition, and the petition was disposed of without additional directions.

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Issues: Whether any further order was required on a writ petition alleging violation of the Foreign Exchange Management Act, 1999 and the FDI policy.

Analysis: The respondents placed on record that the FDI policy had been clarified and updated, and that enforcement action was already being taken against entities found to be in breach. The pending and completed enquiries showed that the statutory authorities were seized of the matter and were proceeding in accordance with law.

Conclusion: No further orders were called for in the writ petition, which was disposed of.

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