https://www.taxtmi.com/caselaws?id=358999 Allegations of violation of the Foreign Exchange Management Act, 1999 and the FDI policy were addressed by noting that the policy had been clarified and updated, and that enforcement action was already underway against entities found in breach. Pending and completed enquiries showed that the statutory authorities were seized of the matter and proceeding in accordance with law. In these circumstances, no further order was required on the writ petition, and the petition was disposed of without additional directions. en-us Mon, 16 Apr 2018 00:00:00 +0530 Mon, 23 Apr 2018 07:06:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358999 Allegations of violation of the Foreign Exchange Management Act, 1999 and the FDI policy were addressed by noting that the policy had been clarified and updated, and that enforcement action was already underway against entities found in breach. Pending and completed enquiries showed that the statutory authorities were seized of the matter and proceeding in accordance with law. In these circumstances, no further order was required on the writ petition, and the petition was disposed of without additional directions. Case-Laws FEMA Mon, 16 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358999