https://www.taxtmi.com/caselaws?id=196096 Pre-deposit under Section 52(2) of the Foreign Exchange Regulation Act, 1973 was mandatory, subject to waiver only on showing undue hardship. The appellant failed to comply with the Tribunal's conditional order to deposit the penalty amount, did not appear or secure representation, and produced no material to justify waiver or bona fide compliance. In those circumstances, the Tribunal found no equitable basis to entertain the appeal and dismissed it for non-compliance with the pre-deposit condition. en-us Wed, 28 May 2008 00:00:00 +0530 Sat, 18 Nov 2017 16:29:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196096 Pre-deposit under Section 52(2) of the Foreign Exchange Regulation Act, 1973 was mandatory, subject to waiver only on showing undue hardship. The appellant failed to comply with the Tribunal's conditional order to deposit the penalty amount, did not appear or secure representation, and produced no material to justify waiver or bona fide compliance. In those circumstances, the Tribunal found no equitable basis to entertain the appeal and dismissed it for non-compliance with the pre-deposit condition. Case-Laws FEMA Wed, 28 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196096