https://www.taxtmi.com/caselaws?id=102576 An amendment shortening the retention period for seized currency under the Foreign Exchange Regulation Act was treated as procedural and applied to pending matters. Because no written extension of the retention period had been obtained, the petitioner was entitled to return of the seized currency, and the mandamus petition succeeded. The challenge to the Special Director's competence to issue the show-cause notice failed because the notification expressly appointed him as an Officer of Enforcement with authority under the Act. The notice was therefore not without jurisdiction, and the related writ petition was dismissed. en-us Thu, 21 Apr 1994 00:00:00 +0530 Wed, 15 Feb 2012 13:33:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102576 An amendment shortening the retention period for seized currency under the Foreign Exchange Regulation Act was treated as procedural and applied to pending matters. Because no written extension of the retention period had been obtained, the petitioner was entitled to return of the seized currency, and the mandamus petition succeeded. The challenge to the Special Director's competence to issue the show-cause notice failed because the notification expressly appointed him as an Officer of Enforcement with authority under the Act. The notice was therefore not without jurisdiction, and the related writ petition was dismissed. Case-Laws Companies Law Thu, 21 Apr 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102576