https://www.taxtmi.com/caselaws?id=438676 The Court found the writ petition challenging the constitutional validity of Section 37A of the Foreign Exchange Management Act, 1999 maintainable on grounds of violation of Article 14. However, the challenge was rejected as Section 37A was deemed not manifestly arbitrary. The petitioner was directed to appeal before the Tribunal under Section 37A(5) of FEMA. The writ petition was rejected, allowing the petitioner to pursue the statutory remedy of appeal within 30 days. en-us Fri, 21 Apr 2023 00:00:00 +0530 Wed, 07 Jun 2023 08:50:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438676 The Court found the writ petition challenging the constitutional validity of Section 37A of the Foreign Exchange Management Act, 1999 maintainable on grounds of violation of Article 14. However, the challenge was rejected as Section 37A was deemed not manifestly arbitrary. The petitioner was directed to appeal before the Tribunal under Section 37A(5) of FEMA. The writ petition was rejected, allowing the petitioner to pursue the statutory remedy of appeal within 30 days. Case-Laws FEMA Fri, 21 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438676