2012 (10) TMI 1186

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....RABLE SRI JUSTICE M.S.RAMACHANDRA RAO Oral Order (Per Hon'ble Sri Justice Goda Raghuram) Heard Sri Srinivas Rao Bodduluri, learned counsel for the petitioner and Sri Ponnam Ashok Goud, learned Assistant Solicitor General for India for respondent No.1 and Sri N.Harinath, learned counsel for respondents 2 and 3. The order (original) dated 8-9-2004 bearing reference No. T4/29- BAN/2002 of the A....

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....y the petitioner under the provisions of the FERA Act was served on the petitioner prior to service of the impugned order (original) dated 8-9-2004 (on 24-7-2012), the entire proceedings are invalid. The order (original) dated 8-9-2004 however records that as the petitioner obtained Foreign exchange equivalent to ₹ 11.91 lakhs, ₹ 24.57 lakhs, ₹ 49.14 lakhs and ₹ 8.67 lakhs....

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.... of the said act (hereinafter referred to as the repealed Act) shall stand dissolved. (2) ………. (3) Notwithstanding anything contained in any other law for the time being in force, no court shall take cognizance of an offence under the repealed Act and no adjudicating officer shall take notice of any contravention under section 51 of the repealed Act after the expiry of a p....