FPA-FE-88/MUM/2017 of Knight Riders Sports Pvt. Ltd. v/s The Special Director Directorate of Enforcement, Mumbai
ATFPFPA-FE-88/MUM/2017
Case brief
AI extract
What is this about?
Chairman of the Appellate Tribunal held that appeals filed under section 19 of the FEMA are maintainable and referred the issue to another member for further adjudication as per the Act, dismissing earlier observations made by a Member on maintainability.
What did the court decide?
Settled that appeals filed under section 19 are maintainable; issue referred to another Member.