https://www.taxtmi.com/caselaws?id=167345 Proceedings under the Foreign Exchange Regulation Act, 1973 were treated as quasi-criminal, and the appellate court's power under section 54 was held comparable to criminal appellate jurisdiction. Where the authorities had recorded acquittal on the footing that no remittance came from abroad through unauthorised channels, the High Court found that the respondent's statement that the amount had been sent from Jordan to India required re-examination. On that basis, the Court concluded that the acquittal could be set aside and a retrial directed. The concurrent orders below were set aside and the matter remitted for fresh decision. en-us Mon, 26 Mar 1984 00:00:00 +0530 Wed, 17 Dec 2014 11:27:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167345 Proceedings under the Foreign Exchange Regulation Act, 1973 were treated as quasi-criminal, and the appellate court's power under section 54 was held comparable to criminal appellate jurisdiction. Where the authorities had recorded acquittal on the footing that no remittance came from abroad through unauthorised channels, the High Court found that the respondent's statement that the amount had been sent from Jordan to India required re-examination. On that basis, the Court concluded that the acquittal could be set aside and a retrial directed. The concurrent orders below were set aside and the matter remitted for fresh decision. Case-Laws FEMA Mon, 26 Mar 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167345