https://www.taxtmi.com/caselaws?id=283520 The court found the orders dated 8th September 1986 and 20th June 1988 to be illegal and lacking authority. The petitioner was entitled to a refund of the confiscated amount with 12% interest per annum. The court granted a four-week stay for potential appeals. en-us Fri, 23 Sep 1988 00:00:00 +0530 Thu, 26 Sep 2019 16:04:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283520 The court found the orders dated 8th September 1986 and 20th June 1988 to be illegal and lacking authority. The petitioner was entitled to a refund of the confiscated amount with 12% interest per annum. The court granted a four-week stay for potential appeals. Case-Laws FEMA Fri, 23 Sep 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283520