https://www.taxtmi.com/caselaws?id=213342 Criminal prosecution under foreign exchange laws cannot ordinarily proceed on the same factual foundation after the competent appellate tribunal has, on merits, set aside the adjudication order and exonerated the accused. The tribunal had rejected reliance on the petitioner's statements, found that the department failed to establish identity and the alleged foreign exchange transactions, and overturned the adjudication on the material before it. Because the criminal complaint relied on the same commission report, statements, and alleged admissions already disbelieved in adjudication, continuation of the complaint was unsustainable and the prosecution had to be quashed. en-us Wed, 09 Feb 2011 00:00:00 +0530 Fri, 18 May 2012 11:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213342 Criminal prosecution under foreign exchange laws cannot ordinarily proceed on the same factual foundation after the competent appellate tribunal has, on merits, set aside the adjudication order and exonerated the accused. The tribunal had rejected reliance on the petitioner's statements, found that the department failed to establish identity and the alleged foreign exchange transactions, and overturned the adjudication on the material before it. Because the criminal complaint relied on the same commission report, statements, and alleged admissions already disbelieved in adjudication, continuation of the complaint was unsustainable and the prosecution had to be quashed. Case-Laws FEMA Wed, 09 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213342