https://www.taxtmi.com/caselaws?id=425271 The court found the writ petition premature but held that the High Court could entertain it under Article 226 due to lack of an alternate remedy against the seizure order under Section 37A(1) of FEMA. The court directed the Competent Authority to issue a notice of hearing to the petitioner within 60 days and allowed the petitioner to operate bank accounts for daily expenses until a decision is made, excluding royalty payments. The court left all merits of the case open for further consideration. en-us Tue, 05 Jul 2022 00:00:00 +0530 Tue, 19 Jul 2022 19:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425271 The court found the writ petition premature but held that the High Court could entertain it under Article 226 due to lack of an alternate remedy against the seizure order under Section 37A(1) of FEMA. The court directed the Competent Authority to issue a notice of hearing to the petitioner within 60 days and allowed the petitioner to operate bank accounts for daily expenses until a decision is made, excluding royalty payments. The court left all merits of the case open for further consideration. Case-Laws FEMA Tue, 05 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425271