2025 (8) TMI 257

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.... the Appellant: Mr. Abhishek Adke /Applicant in both FEMA Appeals and Interim Applications. For the Respondent-ED: Mr. Anil D. Yadav in both FEMA Appeals and Interim Applications. P.C.:-(PER M. S. SONAK, J.) 1. Heard learned counsel for the parties. 2. The learned counsel for the parties state that both these appeals can be disposed of by a common order since, they challenge the common orde....

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....Mr. Adke further states that Rs.1,000/- involved in FEMA Appeal No.4 of 2025 has already been paid. 5. Mr. Adke has contended that by the order of 2 May 2025, the principals have been exonerated and, therefore, the present Appellant cannot be penalised as an abettor. He submitted that it is only to give quietus to the proceedings, the Appellant will donate the amount of Rs. 1.05 crores to the Pri....

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.... of action in these appeals. 7. Therefore, subject to the Appellant donating an amount of Rs.1.05 crores to the Prime Minister's Relief Fund within eight weeks from the date of uploading of this order and filing a proof of payment with an advance copy to the learned counsel for the Respondent, the impugned order dated 4 July 2024 shall stand set aside. However, if there is no compliance in the ma....