2019 (8) TMI 214

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.... Respondents (By Sri s. Rajashekar, CGC for R1 & R2; R3 is Served, but Unrepresented)   O R D E R The petitioners have filed the present writ petitions to quash the order dated 31.8.2017 passed by the 1st respondent - Adjudicating Authority as per Annexure-C. 2. Sri S. Rajashekar, learned CGC for Respondent Nos.1 and 2 raised preliminary objection with regard to maintainability of th....

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....he petitioners. 4. Having heard the learned counsel for the parties, it is not in dispute that the proceedings are initiated by the Adjudicating Authority under Section 7(3) of the FEMA and the impugned order passed by the Adjudicating Authority on 31.8.2017 exercising the powers under Section 13(1) of the FEMA. Therefore, the petitioners have got an alternative and efficacious remedy of appeal....