Judgment Search Results Home > Cases Phrase: foreign exchange regulation act 1973 repealed section 7 money changers Page 1 of about 15,180 results (0.312 seconds)

S.S. Subair Vs. Union of India (Uoi)

Court : Delhi

Reported in : 114(2004)DLT705

..... for purposes of determining the validity of the proposed detention. it was also contended that the foreign exchange regulation act was now replaced by the provisions of foreign exchange management act, 1999 which contained provisions in parimateria with those of the foreign exchange regulation act at least to the extent the earlier enactments prohibited dealing in foreign exchange otherwise than in accordance with the provisions of the said enactment. the activities of the ..... continues to authorise preventive detention in cases where such detention is necessary to prevent the persons detained from indulging in activities prejudicial to the augmentation of country's foreign exchange resources. the repeal of the foreign exchange regulation act, 1973 is not accompanied by a corresponding repeal or amendment of provisions of cofeposa so as to render any detention impermissible even if the person concerned is .....

Mohammad Ismail Vs. Union of India (Uoi) and ors.

Court : Rajasthan

Reported in : 1993CriLJ1228; 1992(1)WLC754

..... in india, unauthorisedly under the instructions of persons, residing outside india, in violation of the provisions of the foreign exchange regulation act, 1973. the government was satisfied that the aforesaid transactions indulged in by bashir khan had affected the foreign exchange resources of the country adversely. even though adjudication and prosecution under the fera were likely to be initiated against ..... navin chandra sharma, j.1. section 9(1)(b) and (d) of the foreign exchange regulation act, 1973, relevant for the purpose of this habeas corpus petition, is extracted below :9. restrictions on payments --(1) save as may be provided in ..... that in view of the facts mentioned in the grounds of detention (annex. 4), it was necessary to detain him under the conservation of foreign exchange and prevention of smuggling activities act, 1974 (for short, hereinafter, 'cofeposa'), with a view to preventing him from indulging in activities prejudicial to the augmentation of the country's .....

R. Venkata Subbu and ors. Vs. the Director of Enforcement and anr.

Court : Chennai

Reported in : (1969)1MLJ281

..... brought only huge profits to the exporters from the import licences based on these false figures and relatively little foreign exchange. under rule 6 of the foreign exchange regulation rules made by the government of india under the foreign exchange regulation act, vii of 1947, published in notification enf. ii/52, dated 22nd april, 1952, the amount ..... of this memorandum, why adjudication proceedings should not be held against them for the said contraventions as contemplated in section 23 (2) of the foreign exchange regulation act, 1947.on this the applicants referring to the facts set out in their voluntary statements pleaded guilty to the charge of having contravened the provisions ..... of this fraud-will preclude the application of some other provisions of law to his case; in these instances, section 12 (2) of the foreign exchange regulation act. this is also depravity arising out of the very us, and not at all irrelevant thereto, or merely some-extraneous immorality of conduct. in .....

Samarudeen Vs. Assistant Director of Enforcement and ors.

Court : Kerala

Reported in : 1995CriLJ2825

..... to direct the first respondent, the assistant director of enforcement, trivandrum, to conduct investigation, enquiry and such other proceedings for violations of the foreign exchange regulation act committed by respondents 4 and 5, and for prosecuting them for the violations. he also prays for the consequential relief of recovering 95,000 ..... and the department cannot make any inquiry based on the petition averments, unless there is documentary evidence. if independent investigation discloses violation of foreign exchange regulation act appropriate action will be taken against those who are involved in the matter, and if necessary, action will be taken against the present ..... to take any further action. on going through the petition, the first respondent found that there is no justification for taking action under foreign exchange regulation act. the various allegations are based upon misconceptions of the powers of the first respondent. the first respondent cannot exercise powers of a police .....

V.Bhaskaran Vs. the Special Director of Enforcement and ors.

Court : Chennai

..... repealing to initiate fresh proceedings under fera. to better understand the intention of legislature, we shall now extract hereunder section 49 of the fema: 49. repeal and saving: (1) the foreign exchange regulation act, 1973 (46 of 1973) is hereby repealed and the appellate board constituted under sub-section (1) of section 52 of the said ..... the appellant was issued with an 'opportunity notice' contemplated under section 61(2)(ii) of the foreign exchange regulation act, 1973 (hereinafter referred to as fera) by the third respondent, alleging that he contravened the provisions of fera while purchasing a toyoto lexus car from london under a fictitious transaction, .....

News Television India Ltd. Vs. Special Director of Enforcement

Court : Delhi

Reported in : [2009]92SCL290(Delhi)

..... for or in the alternative to have converted the appeal in a revision.8. the relevant provisions with respect to delaying of an appeal as per the foreign exchange regulation act, 1973 ('fera') the original act under which the show-cause notice was issued provides for an appeal under section 52(2) against an order which is the subject-matter of the appeal ..... the time when fera was in operation. my attention has been drawn to section 49 of the fema which is as under:49. repeal and saving.-(1) the foreign exchange regulation act, 1973 (46 of 1973) is hereby repealed and the appellate board constituted under sub-section (1) of section 52 of the said ..... 52 reads as under:52. appeal to appellate board-(1) the central government, may, by notification in the official gazette, constitute an appellate board to be called the foreign exchange regulation appellate board consisting of a chairman [being a person who has for at least ten years held a civil judicial post or who has been a member of the central .....

Bishnu Krishna Shrestha Vs. Union of India (Uoi)

Court : Kolkata

Reported in : 1987(11)ECC385,1987(27)ELT369(Cal),[1987]168ITR815(Cal),[1987]67STC209(Cal)

..... , sometimes on a large scale. by virtue of a notification issued by the central government on january 1, 1974, under, inter alia, the foreign exchange regulation act, every investigating officer and every inspecting officer employed in the special unit of the enforcement directorate at calcutta has been authorised to exercise all the powers ..... seek the approval of the commissioner of income-tax by placing the materials that he had collected before the commissioner of income-tax. under the foreign exchange regulation act, no such requirement is laid down.47. on behalf of the petitioner, my attention was drawn to a notification issued by the central government ..... will be presumed that the legislature has used the phrase with full knowledge of the judicial interpretation of the phrase. in other words, when in the foreign exchange regulation act of 1973, thephrase ' reason to believe ' was used, the legislature was well aware of the judicial interpretation of that phrase and had consciously used .....

Arvind Kejriwal Vs. Directorate Of Enforcement

Court : Supreme Court of India

..... . criminal appeal no.2493 of 2024 page 21 of 64 this decision relates to the power of authorised officers to conduct search and seizure operations under section 37 of the foreign exchange regulation act, 1973. the aforesaid observations would be equally relevant, though in the context of the power to arrest, a power which is more drastic and intrusive. thus, the nature of inquiry ..... in the form of documents and oral statements.30. referring to the legal position, this court in dr. partap singh and another v. director of enforcement, foreign exchange regulation act and others27 has observed: 9. when an officer of the enforcement department proposes to act under section 37 undoubtedly, he must have reason to believe that the documents useful for investigation or proceeding under the .....

Nandiram Harikishandas Mukhi Vs. Union of India and Others

Court : Mumbai

Reported in : 1985(2)BomCR419; 1987(11)ECC207

..... india and, therefore, it will have to be ascertained as to whether importation of gold in question amounted to any offence under any of the provisions of these acts.9. the foreign exchange regulation act, 1947 defines 'gold' under section 2(f) to mean, 'gold' includes gold in the form of coin, whether legal tender or not, or in ..... reads as follows :'(1) restrictions on import of gold and silver - in exercise of the powers conferred by sub-s. (1) of s. 8 of the foreign exchange regulation act, 1947 (act 7 of 1947) and in supersession of the notification of the government of india in the late finance department no. 12(11) fi/47, dated the 25th march ..... shri kotwal that the importation of gold save and except with the special and/or general permission of the reserve bank was prohibited under section 8 of the foreign exchange regulation act, 1947. if certain provisions of these enactments were contravened by a person it would amount to an offence and such articles were liable to be confiscated .....

Union of India (Uoi) Vs. Nandalal Kushwaha and ors.

Court : Kolkata

Reported in : 2005(1)CHN594,2004(176)ELT78(Cal),[2005]64SCL342(Cal)

..... section 52(2) of the foreign exchange regulation act, 1973 (1973 act) was pending before the board when the foreign exchange management act, 1999 (1999 act) came into force. by reason of section 49 of 1999 act, the 1973 act stood repealed and the board constituted under section 52(1) of the 1973 act stood dissolved. sub-section (5 ..... in order to appreciate the situation, we may quote beneficially the provisions of section 49 of the 1999 act so far as is relevant for our present purpose :'49. repeal and saving. - (1) the foreign exchange regulation act, 1973 (46 of 1973) is hereby repealed and the appellate board constituted under sub-section (1) ..... of section 52 of the said act (hereinafter referred to as the repealed act) shall stand dissolved. *** *** *** ***(5) notwithstanding such repeal, -(a) .....