https://www.taxtmi.com/acts?id=19149 Section 37A authorises an Authorised Officer to seize, after recording reasons in writing, domestic assets equivalent in value to foreign exchange, foreign security, or immovable property situated outside India suspected to have been held in contravention of section 4, subject to a prescribed minimum value exclusion; the seizure order and material must be placed before a Competent Authority who shall, after hearing the Directorate of Enforcement and the aggrieved person, confirm or set aside the order within the prescribed adjudicatory period, excluding any period of judicial stay and allowing a further minimum period after vacation of such stay. en-us Sat, 28 Feb 2015 19:48:02 +0530 Sat, 28 Feb 2015 19:48:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19149 Section 37A authorises an Authorised Officer to seize, after recording reasons in writing, domestic assets equivalent in value to foreign exchange, foreign security, or immovable property situated outside India suspected to have been held in contravention of section 4, subject to a prescribed minimum value exclusion; the seizure order and material must be placed before a Competent Authority who shall, after hearing the Directorate of Enforcement and the aggrieved person, confirm or set aside the order within the prescribed adjudicatory period, excluding any period of judicial stay and allowing a further minimum period after vacation of such stay. Act-Rules Bill Sat, 28 Feb 2015 19:48:02 +0530 https://www.taxtmi.com/acts?id=19149