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    <title>1996 (3) TMI 577 - FOREIGN EXCHANGE REGULATION APPELLATE BOARD</title>
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    <description>The Board allowed the appeals, set aside the impugned Adjudication Order, and remanded the cases for fresh adjudication, citing violations of natural justice principles. The proceedings were deemed unsustainable due to denial of cross-examination and improper procedure. The first appellant was ordered to receive a refund of the deposited penalty amount, and both appellants were directed to appear for a new oral hearing.</description>
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      <description>The Board allowed the appeals, set aside the impugned Adjudication Order, and remanded the cases for fresh adjudication, citing violations of natural justice principles. The proceedings were deemed unsustainable due to denial of cross-examination and improper procedure. The first appellant was ordered to receive a refund of the deposited penalty amount, and both appellants were directed to appear for a new oral hearing.</description>
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