2019 (8) TMI 138

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....r:" The Petitioner has challenged the show cause notice dated 15/01/2019 issued by the Directorate of Enforcement under Foreign Exchange Management Act, 1999 (for short 'the Act') calling upon the Petitioner to show cause within 30 days from receipt of the notice, why adjudication proceedings under section 13 of the Act should not be held against the Petitioner. 2. Learned Counsel Mr. San....

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....15th January,2019 issued by the Directorate of Enforcement under the Foreign Exchange Management Act, 1999 (FEMA). This, particularly, in view of the fact that the impugned notice has been issued under Rule 4(1) and (2) of the Foreign Exchange Management (Adjudication Proceedings & Appeal) Rules, 2000. Thus, the Petitioner would have an opportunity to show cause why the adjudication proceedings sh....