https://www.taxtmi.com/caselaws?id=457446 Conditional pre-deposit under section 52(2) of the Foreign Exchange Regulation Act required deposit of the penalty amount before an appeal could be entertained, unless dispensation was granted for undue hardship. The appellant failed to comply with an earlier direction to deposit 20% of the penalty and did not show sufficient cause or bona fide efforts to comply. As the consequence of non-compliance had been clearly stated in the conditional order, the tribunal dismissed the appeal for failure to satisfy the pre-deposit requirement. en-us Tue, 02 Sep 2008 00:00:00 +0530 Thu, 19 Sep 2024 18:32:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457446 Conditional pre-deposit under section 52(2) of the Foreign Exchange Regulation Act required deposit of the penalty amount before an appeal could be entertained, unless dispensation was granted for undue hardship. The appellant failed to comply with an earlier direction to deposit 20% of the penalty and did not show sufficient cause or bona fide efforts to comply. As the consequence of non-compliance had been clearly stated in the conditional order, the tribunal dismissed the appeal for failure to satisfy the pre-deposit requirement. Case-Laws FEMA Tue, 02 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457446