https://www.taxtmi.com/caselaws?id=359231 The Tribunal allowed the appeals, setting aside the freezing orders and confirmation orders. It held that Section 37A of FEMA could not be applied retrospectively. Emphasizing procedural fairness, it directed the respondent to verify repatriation of funds and release the seized amounts as the appellants had complied with the Liberalised Remittance Scheme and procedural requirements. en-us Fri, 13 Apr 2018 00:00:00 +0530 Thu, 26 Apr 2018 15:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359231 The Tribunal allowed the appeals, setting aside the freezing orders and confirmation orders. It held that Section 37A of FEMA could not be applied retrospectively. Emphasizing procedural fairness, it directed the respondent to verify repatriation of funds and release the seized amounts as the appellants had complied with the Liberalised Remittance Scheme and procedural requirements. Case-Laws FEMA Fri, 13 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359231