High Court Finds No Violation of Foreign Exchange Regulation Act, Section 18(2); Appellant Cleared of Alleged Contravention.

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....Contravention of Section 18 (2) of the Foreign Exchange Regulation Act, 1973 - non-realization of export proceeds - DoE failed to make out a case of contravention of Section 18 (2) FERA as far as the Appellant was concerned - HC....