https://www.taxtmi.com/caselaws?id=769693 An independent non-executive director could not be subjected to personal penalty under the Foreign Trade (Development and Regulation) Act, 1992 where the notice and adjudication were issued to the company, without specific allegations of his own role, abetment, or conscious participation in the export default. Proper notice under Section 14 was required before any penalty, and absence of service on the director, together with the failure to proceed after the company went into liquidation and the unexplained delay in action, rendered the proceedings inconsistent with fair procedure. The revisional and original penalty orders were therefore set aside. en-us Tue, 22 Apr 2025 00:00:00 +0530 Wed, 30 Apr 2025 08:38:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769693 An independent non-executive director could not be subjected to personal penalty under the Foreign Trade (Development and Regulation) Act, 1992 where the notice and adjudication were issued to the company, without specific allegations of his own role, abetment, or conscious participation in the export default. Proper notice under Section 14 was required before any penalty, and absence of service on the director, together with the failure to proceed after the company went into liquidation and the unexplained delay in action, rendered the proceedings inconsistent with fair procedure. The revisional and original penalty orders were therefore set aside. Case-Laws Customs Tue, 22 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769693