https://www.taxtmi.com/caselaws?id=457746 The Tribunal set aside the adjudication order against the appellant, a Senior Manager at a bank, who was penalized Rs. 25 lakhs for alleged contravention of the Foreign Exchange Regulation Act, 1973. The Tribunal waived the pre-deposit requirement, found insufficient evidence of abetment, and concluded no violation occurred, thereby allowing the appeal. en-us Wed, 25 Jul 2001 00:00:00 +0530 Thu, 26 Sep 2024 16:42:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457746 The Tribunal set aside the adjudication order against the appellant, a Senior Manager at a bank, who was penalized Rs. 25 lakhs for alleged contravention of the Foreign Exchange Regulation Act, 1973. The Tribunal waived the pre-deposit requirement, found insufficient evidence of abetment, and concluded no violation occurred, thereby allowing the appeal. Case-Laws FEMA Wed, 25 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457746