https://www.taxtmi.com/caselaws?id=780913 HC set aside or stayed enforcement of a penalty order and granted ad-interim relief to the company's directors after finding gross delay in adjudication of a show-cause notice issued in July 2013 but decided only in September 2025. The court noted limited hearings (one in 2018, another in August 2025), held delay materially affected fairness, and observed the penalty appeared disproportionate to failures to report foreign inward remittances and file Form FC-GPR under FEMA provisions. en-us Fri, 17 Oct 2025 00:00:00 +0530 Sat, 08 Nov 2025 08:30:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780913 HC set aside or stayed enforcement of a penalty order and granted ad-interim relief to the company's directors after finding gross delay in adjudication of a show-cause notice issued in July 2013 but decided only in September 2025. The court noted limited hearings (one in 2018, another in August 2025), held delay materially affected fairness, and observed the penalty appeared disproportionate to failures to report foreign inward remittances and file Form FC-GPR under FEMA provisions. Case-Laws FEMA Fri, 17 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780913