https://www.taxtmi.com/caselaws?id=425428 The court quashed the adjudication order dated 21.11.2008, ruling that the continuation of proceedings post-compounding was impermissible under Section 15(2) of FEMA. The order was deemed invalid and without jurisdiction, leading to the cancellation of the show-cause notice and all related proceedings. The petitioners were granted relief as requested, with no costs imposed, as the adjudicating authority lost jurisdiction after the contravention was compounded. en-us Thu, 14 Jul 2022 00:00:00 +0530 Sat, 23 Jul 2022 09:02:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425428 The court quashed the adjudication order dated 21.11.2008, ruling that the continuation of proceedings post-compounding was impermissible under Section 15(2) of FEMA. The order was deemed invalid and without jurisdiction, leading to the cancellation of the show-cause notice and all related proceedings. The petitioners were granted relief as requested, with no costs imposed, as the adjudicating authority lost jurisdiction after the contravention was compounded. Case-Laws FEMA Thu, 14 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425428