Appeal Dismissed: Section 19 FEMA Act Appeal Non-Maintainable Due to Lack of Penalty and Order Issuance.

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....Maintainability of Appeal under Section 19 of FEMA Act - the conditions for filing Appeal has not been satisfied as no “penalty” has been imposed in the absence of “an order”. As the provisions laid down in Section 19(1) of the Act have not been fulfilled, the appeal filed by the appellant is pre-mature and hence non- maintainable. - AT....