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<h1>Appeals Dismissed for Non-Compliance with Pre-Deposit Order in FER Act Case, Penalties of Rs. 35,000 and Rs. 95,000.</h1> The ATFE in New Delhi dismissed two appeals due to non-compliance with a judicial order requiring pre-deposit of penalty amounts of Rs. 35,000 and Rs. ... - The Appellate Tribunal for Foreign Exchange in New Delhi dismissed two appeals for non-compliance with a judicial order to deposit penalty amounts of Rs. 35,000 and Rs. 95,000. The appeals were against adjudication orders for contravention of FER Act, 1973. The Tribunal found it mandatory for the appellant to make a pre-deposit of the penalty amount while filing an appeal. The appellants failed to comply with the conditional judicial order, leading to the dismissal of the appeals.
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