Appellate Tribunal for Foreign Exchange New Delhi Court April 1976 Judgments Home Cases Appellate Tribunal for Foreign Exchange New Delhi 1976 Page 1 of about 1 results (0.016 seconds)

V. Valliappan Vs. Director of Enforcement

Court : Appellate Tribunal for foreign Exchange New Delhi

Venkatasubramanian, Chairman - This appeal arises out of an order passed by the learned Deputy Director of Enforcement, Madras, finding the appellant Shri Valliappan guilty of an attempt to contravene the provisions of section 5(1)(aa) of the Foreign Exchange Regulation Act, 1947 and imposing on him a penalty of Rs. 5,000 on that account. 2. By the Boards direction of 24-2-1976, it was ordered that in view of the financial position of the appellant it would be sufficient if he deposited a sum of Rs. 300 on account of penalty. This having been done, judgment is now pronounced on the merits. 3. At the outset, it is necessary to deal with the question of limitation. The memorandum of appeal was received in the Registry of the Board on 1-8-1974. The order under appeal purports to have been despatched on 27-4-1974. The appellant had filed an affidavit to the effect that the order was not served on him personally though it indicates that it was to be sent to him. However, a copy of the order...