https://www.taxtmi.com/caselaws?id=457660 A revision petition filed after prolonged unexplained delay was held not entertainable, because even without a prescribed limitation period the remedy must be pursued within a reasonable time and inordinate delay may amount to laches, acquiescence, and waiver. On the merits, revisional interference was refused because the record disclosed no serious illegality, impropriety, grave injustice, or material irregularity in the adjudication order, and the accepted facts did not establish the alleged foreign exchange contravention. The revision therefore failed on both delay and merits, and the adjudication order remained undisturbed. en-us Thu, 15 Sep 2005 00:00:00 +0530 Wed, 25 Sep 2024 14:05:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457660 A revision petition filed after prolonged unexplained delay was held not entertainable, because even without a prescribed limitation period the remedy must be pursued within a reasonable time and inordinate delay may amount to laches, acquiescence, and waiver. On the merits, revisional interference was refused because the record disclosed no serious illegality, impropriety, grave injustice, or material irregularity in the adjudication order, and the accepted facts did not establish the alleged foreign exchange contravention. The revision therefore failed on both delay and merits, and the adjudication order remained undisturbed. Case-Laws FEMA Thu, 15 Sep 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457660