2025 (9) TMI 759

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.... 02/CHN/2023 - -<br>FEMA<br>SHRI BALESH KUMAR AND SHRI RAJESH MALHOTRA For the Appellants : Mr. Prashant Pandey, Adv. and Mr. Karan Kumar, Adv. For the Respondent (ED) : Mr. Shoumendu Mukherji, Adv. FINAL ORDER This Order disposes of the Appeals Nos. FPA-FE-01/CHN/2023 and FPA-FE-02/CHN/2023 filed by M/s. Lords Polymer (I) Pvt. Ltd. and Shri Amit Shah respectively against the Order-In-....

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....alty amounts within six weeks, failing which the consequences would follow. 3. Ld. Counsel for the Appellants during the course of the hearing today, pleaded that the Appellants have failed to make the pre-deposit of 10% of the penalty amounts. He further stated that the Appellants have ceased to be in communication with him i.e. their Counsel. He therefore, left it to the Tribunal for taking t....

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....als) levying any penalty, shall while filing the appeal, deposit the amount of such penalty with such authority as may be notified by the Central Government: Provided further that where in any particular case, the Appellate Tribunal is of the opinion that the deposit of such penalty would cause undue hardship to such person, the Appellate Tribunal may dispense with such deposit subject to....