2003 (5) TMI 543

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ation of pre-deposit of penalty is allowed and appeal is being disposed off on merits. The case against the appellant was that information was received by Enforcement Directorate to the effect that appellant would be receiving payment of Rs. 6 lakhs from one Shri Kanthi Bai; that on search of the residential and shop premises of the appellant resulted in seizure of Rs. 27,000 along with certain ot....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e made and the details of the amounts to be paid to them from Syed Anwar. Some unknown persons used to call him over telephone and after enquiring about the amount to be received by him used to give him various amounts. The appellant has been held guilty for contravention of section 9(1)(b) and 9(1)(d) of the FERA, 1973 and penalty of Rs. 10 lakhs has been imposed. 2. Shri Mahendra Singh has assa....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... been seized from the noticee's possession. On the basis of the documents seized, subsequent follow-up action was taken and the persons whose names figures in the seized documents have confirmed the amounts and the date of receipts, which tally with the statement and the documents seized from the residence of the noticee. The Advocate of the noticee has also pleaded for a lenient action in view of....