FPA-FE-04/MUM/2011 of Shri Ayub Ali Munshi Pro. v/s The Joint Director Directorate of Enforcement, Mumbai
Case brief
What is this about?
The Appellate Tribunal examined an application for re-consideration of an order directing penalty deposit under FEMA. Finding no ground for modification, the Tribunal dismissed the application and granted a final four-week opportunity for compliance or dismissal of the appeal.
What did the court decide?
Application for re-consideration dismissed; final opportunity granted to comply or face dismissal of appeal.