https://www.taxtmi.com/acts?id=19781 An Authorised Officer may seize domestic assets equivalent in value to foreign exchange, foreign securities, or immovable property held outside India in contravention of Section 4 (subject to a prescribed value threshold). The seizure must be placed before a Competent Authority promptly, which must review and either confirm or set aside the seizure after hearing both the Directorate of Enforcement and the aggrieved person; confirmation remains until adjudication, and disclosure with repatriation may lead to setting aside the seizure. Orders of the Competent Authority are appealable to the Appellate Tribunal. en-us Sun, 17 May 2015 16:06:55 +0530 Thu, 29 May 2025 10:21:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19781 An Authorised Officer may seize domestic assets equivalent in value to foreign exchange, foreign securities, or immovable property held outside India in contravention of Section 4 (subject to a prescribed value threshold). The seizure must be placed before a Competent Authority promptly, which must review and either confirm or set aside the seizure after hearing both the Directorate of Enforcement and the aggrieved person; confirmation remains until adjudication, and disclosure with repatriation may lead to setting aside the seizure. Orders of the Competent Authority are appealable to the Appellate Tribunal. Act-Rules FEMA Sun, 17 May 2015 16:06:55 +0530 https://www.taxtmi.com/acts?id=19781