https://www.taxtmi.com/caselaws?id=172875 The Supreme Court allowed Civil Appeal No. 1452 of 1971, setting aside the High Court's judgment and quashing the impugned order for not meeting the requirements of section 19(2) of the Foreign Exchange Regulation Act, 1947, due to lack of due application of mind. Civil Appeal No. 1453 of 1971 was dismissed as infructuous, and the records were to be returned to the appellants unless a new order was issued under section 19(2) of the Act or another legal provision. en-us Tue, 07 Dec 1971 00:00:00 +0530 Sun, 08 Nov 2015 19:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172875 The Supreme Court allowed Civil Appeal No. 1452 of 1971, setting aside the High Court's judgment and quashing the impugned order for not meeting the requirements of section 19(2) of the Foreign Exchange Regulation Act, 1947, due to lack of due application of mind. Civil Appeal No. 1453 of 1971 was dismissed as infructuous, and the records were to be returned to the appellants unless a new order was issued under section 19(2) of the Act or another legal provision. Case-Laws FEMA Tue, 07 Dec 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172875