https://www.taxtmi.com/caselaws?id=274797 An impugned penalty order under the repealed foreign exchange law was challenged in writ proceedings, but the High Court held that an efficacious statutory appeal was available under Section 19 of the Foreign Exchange Management Act, 1999. On that basis, it declined to entertain the writ petition and relegated the petitioner to the appellate remedy. The limitation objection under Section 49(3) was examined only prima facie, and no final finding was recorded on that issue. The challenge was left to be pursued before the prescribed appellate forum, without interference on merits. en-us Tue, 16 Oct 2012 00:00:00 +0530 Tue, 04 Sep 2018 14:16:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274797 An impugned penalty order under the repealed foreign exchange law was challenged in writ proceedings, but the High Court held that an efficacious statutory appeal was available under Section 19 of the Foreign Exchange Management Act, 1999. On that basis, it declined to entertain the writ petition and relegated the petitioner to the appellate remedy. The limitation objection under Section 49(3) was examined only prima facie, and no final finding was recorded on that issue. The challenge was left to be pursued before the prescribed appellate forum, without interference on merits. Case-Laws FEMA Tue, 16 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274797