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    <title>1995 (11) TMI 489 - FOREIGN EXCHANGE REGULATION APPELLATE BOARD, DELHI</title>
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    <description>The appellant&#039;s penalty under the Foreign Exchange Regulation Act was annulled as the primary charge against International Security Printers lacked substantiation. Consequently, the impugned order was set aside, and the respondents were instructed to refund the appellant&#039;s pre-deposit amount.</description>
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      <description>The appellant&#039;s penalty under the Foreign Exchange Regulation Act was annulled as the primary charge against International Security Printers lacked substantiation. Consequently, the impugned order was set aside, and the respondents were instructed to refund the appellant&#039;s pre-deposit amount.</description>
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