Unlawful outward remittances via Hawala using proforma invoices and electronic records proved; documents admitted, directors penalised, penalties redu...
Seized demat accounts substituted by fixed deposit to secure alleged foreign exchange contravention; seizure lifted pending adjudication
Guarantees involving persons resident outside India: Foreign Exchange Management (Guarantees) Regulations, 2026 impose mandatory reporting to AD banks
FCRA registration denial over foreign contribution receipt, transfers and 'religious' tag set aside; fresh notice and reconsideration ordered
Enforcement of foreign arbitral awards: limitation and res judicata upheld; veil pierced only for diverted assets, awards treated decrees.
Property transaction challenged for FERA breach and missing RBI approval; writ review barred after civil suit findings, appeal dismissed
Share allotment to non-resident paying for imported second-hand machinery: RBI approval upheld despite alleged FERA breach
Export proceeds undervaluation under FEMA s.13(1) penalty amount upheld; bid to enhance up to three times rejected.
Seized Indian currency confiscation and document-supply hearing dispute; penalties for ss. 3(a), 3(b), 3(d), 4 upheld but reduced
Foreign currency received via non-banking channel and not surrendered within 180 days; penalty reduced, seized cash confiscation set aside.
Overseas share investment under LRS upheld, but foreign currency loans violate Section 6(2) FEMA; penalties sustained
Writ on foreign citizen's property deal rejected as FERA issues already settled; claim time-barred under FEMA s.49(3)
RBI eases currency carry limits with Nepal and Bhutan under FEMA 1999, replacing 2019 rules and 2015 regulations
Writ Against ED Summons Under S.37 FEMA Read With S.131 ITA Fails; S.160 CrPC Safeguard Inapplicable
Statements under Section 40 FERA upheld despite retraction; contraventions of Sections 8, 9, 14 confirmed; penalty reduced.
Central bank shifts LRS daily return reporting to CIMS, enabling direct PAN-wise checks by AD-II and money changers
RBI amends Regulation 8 on export and import of currency between India, Nepal and Bhutan, raises limits
Appeal dismissed; Section 13(1) FEMA penalty upheld for Section 3(d) hawala via overvalued imports, digital evidence accepted
Managing director liable for FEMA Section 6(3)(b) breach; no mens rea needed, penalty reduced on proportionality grounds
Penalty cut for firm breaching s.10(6) FEMA, para 6(1); deceased individual's penalty fully set aside
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