https://www.taxtmi.com/caselaws?id=203651 Adjudication and prosecution under the Foreign Exchange Regulation Act, 1973 are generally separate, so criminal proceedings may ordinarily proceed independently of adjudication. However, where the competent adjudicating authority has finally exonerated the person on merits on the same allegations and identical facts, continuation of the criminal prosecution rests on a rejected factual foundation. In that situation, the higher criminal standard of proof does not save the prosecution, and proceeding further amounts to abuse of process. The text states that such a prosecution cannot be continued after final exoneration on merits. en-us Fri, 18 Feb 2011 00:00:00 +0530 Mon, 25 Aug 2025 10:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203651 Adjudication and prosecution under the Foreign Exchange Regulation Act, 1973 are generally separate, so criminal proceedings may ordinarily proceed independently of adjudication. However, where the competent adjudicating authority has finally exonerated the person on merits on the same allegations and identical facts, continuation of the criminal prosecution rests on a rejected factual foundation. In that situation, the higher criminal standard of proof does not save the prosecution, and proceeding further amounts to abuse of process. The text states that such a prosecution cannot be continued after final exoneration on merits. Case-Laws FEMA Fri, 18 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203651