FPA-FE-216/MUM/2003 of M/s. Sig Malon Equipment (P) Ltd. v/s The Joint Director Directorate of Enforcement, Mumbai

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The appellate tribunal noted the merger of the Appellate Tribunal for Foreign Exchange with the Appellate Tribunal under the Defence Against Smuggling and Foreign Exchange Manipulation (Forfeiture of Properties) Act, 1976, effective May 26, 2017. The court heard the matter de novo as the previous reserved order had not been passed and listed it for argument on October 23, 2017.