FPA-FE-26/KOL/2017 of Shri Pankaj Poddar v/s The Deputy Director Directorate of Enforcement, Kolkata
Case brief
What is this about?
The Appellate Tribunal stayed the operation of an impugned order in a fresh appeal filed under the FEMA, 1999, subject to a 50% penalty deposit within eight weeks. The appeal is adjourned for hearing.
What did the court decide?
Stayed the operation of the impugned order dated 10th March, 2017, subject to deposit of 50% of the penalty amount within eight weeks.