https://www.taxtmi.com/caselaws?id=106285 The Supreme Court of India held that a detention order under section 3(1) of the COFEPOSA Act was not invalidated by repeal of the Foreign Exchange Regulation Act, 1973 and its replacement by the Foreign Exchange Management Act, 1999. Preventive detention under that provision is aimed at stopping prejudicial foreign exchange conduct, not at punishing a criminal offence, while FEMA continues to regulate foreign exchange dealings and penalise unauthorised transactions. Because the two enactments operate in different fields, repeal of the earlier statute did not impliedly repeal the detention power. The challenge to the detention order therefore failed. en-us Mon, 22 Apr 2002 00:00:00 +0530 Wed, 27 Nov 2013 16:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106285 The Supreme Court of India held that a detention order under section 3(1) of the COFEPOSA Act was not invalidated by repeal of the Foreign Exchange Regulation Act, 1973 and its replacement by the Foreign Exchange Management Act, 1999. Preventive detention under that provision is aimed at stopping prejudicial foreign exchange conduct, not at punishing a criminal offence, while FEMA continues to regulate foreign exchange dealings and penalise unauthorised transactions. Because the two enactments operate in different fields, repeal of the earlier statute did not impliedly repeal the detention power. The challenge to the detention order therefore failed. Case-Laws Companies Law Mon, 22 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106285