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Stay Granted on FEMA Penalty: Enforcement Directorate Lacked Jurisdiction in Google Ireland-India Agreement Case u/s 6(3)(d.
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....Stay of penalty imposed - Contravention and allegations against the appellant u/s 6(3)(d) of FEMA - Prima facie it is of the view that the Directorate of Enforcement has no jurisdiction to reinterpret the terms of the agreement between Google Ireland and Google India - stay granted.....