https://www.taxtmi.com/caselaws?id=786206 A suit for specific performance and damages raised whether a bar under foreign exchange regulation and res judicata precluded relief; the High Court held that its decision on the additional issue framed on January 4, 2023 is confined to that issue and decided against the appellant, and will not operate as res judicata against the parties on the original issues. Questions about the legality, validity, sufficiency and enforceability of the January 2, 1989 agreement, including challenges under the income tax law and other FERA aspects, remain open for full trial adjudication. en-us Thu, 05 Feb 2026 00:00:00 +0530 Mon, 09 Feb 2026 09:17:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786206 A suit for specific performance and damages raised whether a bar under foreign exchange regulation and res judicata precluded relief; the High Court held that its decision on the additional issue framed on January 4, 2023 is confined to that issue and decided against the appellant, and will not operate as res judicata against the parties on the original issues. Questions about the legality, validity, sufficiency and enforceability of the January 2, 1989 agreement, including challenges under the income tax law and other FERA aspects, remain open for full trial adjudication. Case-Laws FEMA Thu, 05 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786206