<h1>Seizure of Indian assets over undisclosed overseas property after alleged hawala remittances, domestic properties attached as equivalent value.</h1> Enforcement action was taken under FEMA to seize domestic immovable assets equivalent in value to undisclosed foreign immovable properties when those overseas assets cannot be attached; the agency relied on Section 37A permitting valueequivalent seizure, and issued seizure orders for domestic properties totalling about Rs 28 crore. The action alleges resident individuals acquired Dubai properties through hawalarouted payments without outward remittances via authorised banking channels, failed to produce documentary proof of source of overseas funds, and lacked RBI approval; consequence: domestic asset seizure equated to the foreign acquisitions.