https://www.taxtmi.com/caselaws?id=327537 The Supreme Court upheld a detention order issued under the COFEPOSA Act against the detenue for involvement in Hawala transactions violating Foreign Exchange Regulations. The detenue's participation in substantial illegal money transfers justified the detention, despite the appellant's arguments of lack of knowledge and innocence under the Foreign Exchange Management Act. The High Court's dismissal of the writ petition was affirmed by the Supreme Court, emphasizing the detenue's active involvement in the offenses. The appeal was consequently dismissed, affirming the detention order. en-us Thu, 21 Apr 2016 00:00:00 +0530 Sat, 28 May 2016 10:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327537 The Supreme Court upheld a detention order issued under the COFEPOSA Act against the detenue for involvement in Hawala transactions violating Foreign Exchange Regulations. The detenue's participation in substantial illegal money transfers justified the detention, despite the appellant's arguments of lack of knowledge and innocence under the Foreign Exchange Management Act. The High Court's dismissal of the writ petition was affirmed by the Supreme Court, emphasizing the detenue's active involvement in the offenses. The appeal was consequently dismissed, affirming the detention order. Case-Laws FEMA Thu, 21 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327537