https://www.taxtmi.com/caselaws?id=757089 Madras HC held that adjudication proceedings under Section 16(1) of FEMA can proceed despite pending appeal against seizure order under Section 37A(1). The court distinguished functions of different authorities under FEMA, ruling that interim seizure proceedings under Section 37A cannot bar adjudication proceedings under Section 16. The court noted that writ petitions against show cause notices are not maintainable and directed the Adjudicating Authority to consider the seizure order's effect while passing final adjudication order under Section 37A(4). en-us Tue, 23 Jul 2024 00:00:00 +0530 Tue, 13 Aug 2024 15:32:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757089 Madras HC held that adjudication proceedings under Section 16(1) of FEMA can proceed despite pending appeal against seizure order under Section 37A(1). The court distinguished functions of different authorities under FEMA, ruling that interim seizure proceedings under Section 37A cannot bar adjudication proceedings under Section 16. The court noted that writ petitions against show cause notices are not maintainable and directed the Adjudicating Authority to consider the seizure order's effect while passing final adjudication order under Section 37A(4). Case-Laws FEMA Tue, 23 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757089