https://www.taxtmi.com/caselaws?id=103255 Pendency of an appeal under section 52 of the Foreign Exchange Regulation Act, 1973, even with an application to dispense with pre-deposit, does not by itself bar prosecution under section 57. The appeal and the criminal prosecution operate in different spheres, so the prosecution remains maintainable unless affected by later appellate findings. The court emphasised a harmonious construction of the statutory scheme: the appellate authority should decide any dispensation request expeditiously, while the criminal court retains discretion to regulate trial timing and take subsequent appellate orders into account where relevant. Neither remedy should be rendered ineffective by delay. en-us Tue, 12 Sep 1995 00:00:00 +0530 Mon, 27 Feb 2012 12:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103255 Pendency of an appeal under section 52 of the Foreign Exchange Regulation Act, 1973, even with an application to dispense with pre-deposit, does not by itself bar prosecution under section 57. The appeal and the criminal prosecution operate in different spheres, so the prosecution remains maintainable unless affected by later appellate findings. The court emphasised a harmonious construction of the statutory scheme: the appellate authority should decide any dispensation request expeditiously, while the criminal court retains discretion to regulate trial timing and take subsequent appellate orders into account where relevant. Neither remedy should be rendered ineffective by delay. Case-Laws Companies Law Tue, 12 Sep 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103255