https://www.taxtmi.com/caselaws?id=457726 The appellate tribunal ruled in favor of the appellant, determining that the case lacked sufficient legal evidence to prove the charges under FERA, 1973 beyond a reasonable doubt. Consequently, the penalty order was annulled, and the confiscated funds were ordered to be refunded to the appellant within a specified timeframe, highlighting the importance of meeting the burden of proof in quasi-criminal proceedings. en-us Fri, 07 Mar 2003 00:00:00 +0530 Thu, 26 Sep 2024 16:42:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457726 The appellate tribunal ruled in favor of the appellant, determining that the case lacked sufficient legal evidence to prove the charges under FERA, 1973 beyond a reasonable doubt. Consequently, the penalty order was annulled, and the confiscated funds were ordered to be refunded to the appellant within a specified timeframe, highlighting the importance of meeting the burden of proof in quasi-criminal proceedings. Case-Laws FEMA Fri, 07 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457726