2019 (8) TMI 971

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....rough: Mr. Amit Mahajan, CGSC/UOI with Mr. Arjun Dev, Advocate ORDER (ORAL) 1. By order in original dated 30.03.2017, the adjudicating authority under the Foreign Exchange Management Act, 1999 (FEMA), in exercise of its jurisdiction under section 16 imposed penalties under section 13 against the appellants herein, appellant Rajinder Singh Duggal (Crl.A.793/2019) being directed to pay Rs. 30 ....

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.... Cloth Store and M/s. Queen Forex Pvt. Ltd., but directed the three individuals - appellants herein - to make the deposits under the general rule contained in first proviso to section 19(1) of FEMA. The said order was neither challenged by appeal nor complied with. 3. The above-said appeals came before the appellate tribunal for consideration on 08.05.2019. Noting the non-compliance with the di....