https://www.taxtmi.com/caselaws?id=756099 The Madras HC dismissed writ petitions challenging the transfer of FEMA proceedings from Special Director to Additional Director of Enforcement following enhancement of pecuniary jurisdiction via notification dated 27.09.2018. The court held that the transfer was valid as the Additional Director had jurisdiction over cases involving Rs.10-25 crores, and the petitioner's case involved Rs.11.27 crores. The court ruled that notifications conferring jurisdictional powers operate prospectively, requiring pending cases to be transferred to appropriate authorities. No jurisdictional error was found in the continuation of proceedings by the Additional Director. en-us Fri, 05 Jan 2024 00:00:00 +0530 Wed, 24 Jul 2024 15:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756099 The Madras HC dismissed writ petitions challenging the transfer of FEMA proceedings from Special Director to Additional Director of Enforcement following enhancement of pecuniary jurisdiction via notification dated 27.09.2018. The court held that the transfer was valid as the Additional Director had jurisdiction over cases involving Rs.10-25 crores, and the petitioner's case involved Rs.11.27 crores. The court ruled that notifications conferring jurisdictional powers operate prospectively, requiring pending cases to be transferred to appropriate authorities. No jurisdictional error was found in the continuation of proceedings by the Additional Director. Case-Laws FEMA Fri, 05 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756099